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Dole plc - DOLE STOCK NEWS

Welcome to our dedicated news page for Dole plc (Ticker: DOLE), a resource for investors and traders seeking the latest updates and insights on Dole plc.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Dole plc's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Dole plc's position in the market.

Rhea-AI Summary
Dole plc (NYSE: DOLE) released its annual report for the fiscal year ended December 31, 2023, accessible on its website and the SEC's site. Shareholders can request a free hard copy via mail or email.
Rhea-AI Impact
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End-of-Day
1.02%
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Rhea-AI Summary
Dole plc terminates agreement with Fresh Express due to U.S. Department of Justice's decision to pursue litigation, believing the transaction was pro-competitive. Dole remains confident in finding an alternative path forward benefiting employees, customers, partners, and shareholders.
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End-of-Day
1.02%
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Rhea-AI Summary
Dole plc (NYSE: DOLE) completes the sale of its 65% stake in Progressive Produce LLC to PTF Holdings for $120.25 million.
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End-of-Day
-1.86%
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Rhea-AI Summary
Dole plc (NYSE: DOLE) reported strong financial results for the year ended December 31, 2023, with revenue reaching $8.2 billion, a 2.8% increase. Net income rose by 39.3% to $155.7 million, and Adjusted EBITDA grew by 6.9% to $385.1 million. The company reduced its net debt by $204.2 million. Dole also announced the sale of its stake in Progressive Produce to Arable Capital Partners. The outlook for 2024 is positive, aiming to maintain Adjusted EBITDA levels from 2023.
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Rhea-AI Sentiment
End-of-Day
6.21%
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Rhea-AI Summary
Dole plc (NYSE: DOLE) has agreed to sell its 65% equity stake in Progressive Produce LLC to PTF Holdings for $120.25 million. Progressive Produce is a leading produce company with annual sales over $400 million. The sale is expected to close in March 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.36%
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Rhea-AI Summary
Dole Fresh Vegetables, Inc. is voluntarily recalling a limited number of salad kits due to potential Listeria monocytogenes contamination. The recall affects Dole, President’s Choice, and Marketside brands, distributed in multiple states and Canadian provinces. The products were processed on the same line as a cheese that has been recalled by the manufacturer, Rizo-Lopez Foods, for possible Listeria contamination. No specific illnesses have been reported, but consumers are urged to discard the products immediately.
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End-of-Day
-0.82%
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Dole plc (NYSE: DOLE) is set to release its financial results for the fourth quarter and full year of 2023 on February 29, 2024. The company will host a webcast and conference call on the same day at 08:00 a.m. Eastern Time, providing further financial information and a presentation. Investors and analysts can access the live webcast and replay on the company's website. The conference call details for US, Ireland, UK, and other international participants are also provided.
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Rhea-AI Sentiment
End-of-Day
0.92%
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Dole plc (NYSE: DOLE) was recognized by the American-Costa Rican Chamber of Commerce (AmCham) with two Social Responsibility in Action Awards in Costa Rica. The company's 'Financial Education Program for Farm Employees' was honored as the Grand Winner for the second consecutive year, showcasing Dole's commitment to sustainable development and employee well-being. The program has led to a 7.34% improvement in the financial health index for 39% of the 275 graduates, demonstrating its undeniable impact.
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Rhea-AI Sentiment
End-of-Day
1.45%
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Rhea-AI Summary
Dole plc (NYSE: DOLE) released its financial results for the three and nine months ended September 30, 2023. Revenue increased by 4.2% to $2.0 billion, with Net Income up by 15.9% to $54.0 million. Adjusted EBITDA rose by 7.6% to $85.2 million. Fresh Fruit revenue decreased by 0.3% due to lower banana prices in North America, while Diversified Fresh Produce – EMEA saw a 12.7% increase in revenue. The company declared a cash dividend for the third quarter of 2023 of $0.08 per share, payable on January 4, 2024 to shareholders of record on December 14, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.36%
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Rhea-AI Summary
Dole plc will announce its Q3 2023 financial results on November 16, 2023. A webcast and conference call will be held, with a presentation and supplemental financial information available on the company website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.16%
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Dole plc

NYSE:DOLE

DOLE Rankings

DOLE Stock Data

1.11B
57.65M
24.65%
51.23%
1.64%
Dog and Cat Food Manufacturing
Manufacturing
Link
Ireland
Dublin

About DOLE

in dole plc we are, first & foremost, fresh produce enthusiasts. the world’s leading fresh produce provider, we market the most nutritious of products with the lowest environmental impact. operating out of 30 countries, while serving many more, our vertically integrated supply chain extends across the globe incorporating over 250 facilities. growing, sourcing, packing, marketing and distributing over 300 lines of fresh produce, our range extends from the more familiar to the truly exotic- our mission, always, to make the world a healthier, more sustainable place. our history- dole plc was born on july 30th, 2021 with the coming together of total produce plc and dole food company. our origins, though, extend back to 1850’s ireland and hawaii. our industry- privileged to promote the healthiest and most sustainable of foods- we recognise the enormous opportunities inherent in our sector but also the responsibilities that come with leading this industry of worth. our point of diff