Dole plc reports company news tied to its global fresh produce business, including quarterly results, segment performance, and capital-allocation updates. The company grows, markets, and distributes fresh fruits and vegetables sourced locally and globally, with operations organized around Fresh Fruit, Diversified Fresh Produce - EMEA, and Diversified Fresh Produce - Americas & ROW.
Recurring developments include financial results releases, investor presentations, portfolio actions such as the completed sale of the Fresh Vegetables business, share repurchase authorization, and reporting-format updates as the company voluntarily uses U.S. domestic issuer forms while remaining a foreign private issuer.
Dole Fresh Vegetables has announced a voluntary recall of all Dole-branded and private label packaged salads from its Bessemer City, NC, and Yuma, AZ facilities due to potential Listeria monocytogenes contamination. This precautionary measure follows the detection of Listeria strains in products sampled in Georgia and Michigan, linked to 16 illnesses since 2014. Operations at both facilities are temporarily suspended for extensive cleaning. Affected products bear lot codes starting with 'N' or 'Y' and 'Best if Used By' dates from November 30, 2021, to January 8, 2022. Consumers are advised to dispose of the affected salads immediately.
Dole plc (NYSE: DOLE) reported its Q3 2021 results, emphasizing a Pro-Forma Revenue of $2.32 billion, a slight increase from Q3 2020. The Pro-Forma Adjusted EBITDA fell by 35.4% to $59.7 million, attributed to inflationary pressures and supply chain issues. Year-to-date figures show Pro-Forma Revenue rose 4.5% to $7.08 billion, while Pro-Forma Adjusted Net Income increased 22.5% to $131.6 million. The company maintains full-year targets of $9.2 to $9.4 billion in revenue and $390 to $400 million in EBITDA. A quarterly dividend of $0.08 per share is declared.
Dole plc (NYSE: DOLE) will release its third quarter 2021 financial results on December 3, 2021, before market opening. A conference call with management, including CEO Rory Byrne and CFO Frank Davis, is scheduled for 10:00 a.m. ET the same day. Investors can access the call via telephone or through the company's website, where an archived replay will be available following the event. Dole is a global leader in fresh produce, committed to sustainability and customer satisfaction across 80 countries.
Dole Fresh Vegetables is recalling select garden salad products due to potential contamination with Listeria monocytogenes. This precautionary measure follows a positive test result from a sample analyzed by the Georgia Department of Agriculture. The affected products, including various Dole garden salad types, were distributed in multiple states, such as AL, FL, and GA. No reported illnesses are linked to the recall. Consumers are urged to check for specific lot codes and discard the recalled items. For inquiries, the Dole Consumer Center is available 24/7.
Summary not available.
Dole plc (NYSE:DOLE) announced the closing of its initial public offering of 25,000,000 ordinary shares at $16.00 per share, aiming for total gross proceeds of $400 million before expenses. Additionally, underwriters have a 30-day option to purchase up to 3,750,000 extra shares. The shares began trading on the New York Stock Exchange on July 30, 2021. The offering involved major investment banks including Goldman Sachs, Deutsche Bank, and others. Dole plc combines Total Produce and Dole Food, becoming a leader in fresh produce with over 300 products across more than 80 countries.