Dole Plc Stock Price, News & Analysis

Dole plc (NYSE: DOLE) will announce its first quarter financial results for 2023 on May 18, 2023, before market opening. Management will host a webcast and conference call at 08:00 a.m. Eastern Time on the same day. A comprehensive presentation with supplemental financial information will be available on the company's website.

Investors can access the conference call by dialing (646) 307-1963 in the US, +353 (1) 582 2023 in Ireland, or +44 20 3481 4247 for the UK and international participants. The conference ID is 8143610.

Dole is recognized as a global leader in fresh produce, supplying a wide variety of fruits and vegetables across over 75 countries, committed to promoting health and sustainability.

Dole plc (NYSE: DOLE) announced the filing of its annual report on Form 20-F, which includes audited financial statements for the fiscal year ending December 31, 2022. This report was submitted to the U.S. Securities and Exchange Commission on March 22, 2023. Shareholders can access the report through the Company’s website or request a hard copy via email or by contacting investor relations. Dole plc is recognized as a global leader in fresh produce, supplying a wide range of fruits and vegetables across over 75 countries, committed to promoting health and sustainability.

Dole plc reported its financial results for the year ending December 31, 2022, highlighting a revenue of $9.2 billion and an Adjusted EBITDA of $337.7 million. Despite a 0.6% revenue decline from the previous year, revenue increased 5.0% on a like-for-like basis, boosted by price inflation. The company announced plans to sell its Fresh Vegetables division for approximately $293 million to enhance its financial position and focus on core operations. Dole targets an Adjusted EBITDA of $350 million for 2023, emphasizing growth potential through a diversified product portfolio and geographic presence.

Dole plc (NYSE: DOLE), a global leader in fresh produce, announces participation in the BofA Securities 2023 Consumer & Retail Conference on March 14-15 in Miami, FL. CEO Rory Byrne and CFO Jacinta Devine will engage in a fireside chat on March 14 at 8:00 am ET, accessible via a webcast on Dole's Investor Relations website. This event highlights Dole's commitment to customer satisfaction across 75 countries, enhancing global health and sustainability.

Dole plc (NYSE: DOLE) will announce its financial results for the fourth quarter and full year of 2022 on March 7, 2023, before the market opens. A webcast and conference call will be held on the same day at 08:00 a.m. Eastern Time. Investors can access a presentation and additional financial information on the company's website.

The live conference call can be joined via various international dial-in numbers, including (646) 307-1963 for the US. Dole is recognized as a global leader in fresh produce, dedicated to exceeding customer requirements across over 75 countries.

Dole plc (NYSE: DOLE) has announced the sale of its Fresh Vegetables Division to Fresh Express, a subsidiary of Chiquita Holdings, for approximately $293 million in cash. The Fresh Vegetables Division generated $1.28 billion in revenue for the fiscal year ending December 31, 2021, and employs over 3,000 people across four processing plants in the U.S. Proceeds from the sale are expected to be used for debt reduction. The transaction is subject to regulatory approval and is anticipated to bolster Dole's financial position while allowing the company to focus on core activities.

Dole plc (NYSE: DOLE) reported Q3 2022 revenue of $2.3 billion, up from $1.9 billion last year, driven by the acquisition of Dole Food Company. Net income reached $46.6 million with a diluted EPS of $0.42, significantly improving from a loss of $0.35 in Q3 2021. Adjusted EBITDA was $73.0 million, reflecting a 25.7% increase on a pro-forma basis. Despite this, pro-forma revenue decreased by 1.7% due to foreign currency effects. Dole maintains a lower-end guidance for Adjusted EBITDA for the fiscal year.

Dole Fresh Vegetables, a division of Dole plc (NYSE: DOLE), has activated two General Electric 2.8-Megawatt wind turbines at its salad processing plant in Soledad, CA. These turbines, standing 499 feet tall, are expected to produce over 19 million kilowatt hours of clean electricity annually, offsetting 70% of energy consumption at the site. The initiative aims to reduce CO2 emissions by approximately 14,921 tons per year, benefiting the environment significantly. This move aligns with Dole's ongoing commitment to sustainability, part of its The Dole Way framework.