Dole PLC

Group revenue was $2.5 billion in Q2, up 2.9% reported, while adjusted EBITDA fell to $117 million and net income from continuing operations was $35.1 million, pressured by higher fuel, shipping and sourcing costs in Fresh Fruit. Management said Diversified Americas offset Fresh Fruit weakness and noted resilient consumer demand, while expecting contractual fuel surcharges and cost actions to support improvement in H2. Strategic moves in the quarter included the $95 million-proceeds Ecuador port sale, the acquisition of Greenfood’s Fresh Produce division in Scandinavia and a $10 million share repurchase. The company reiterated routine CapEx guidance of ~$100 million for 2026 and targets full-year adjusted EBITDA of approximately $400 million. » More on finance.yahoo.com

Dole reported adjusted earnings per share of $0.46 for Q2 2026 (expectation $0.51) and revenue of about $2.50 billion (expectation $2.52 billion). Adjusted EBITDA fell year on year by roughly 14.8% to $116.8 million, weighed down by higher procurement costs in the fresh fruit segment and increased transportation costs. Investors reacted premarket with a decline of around 4.2%; the stock was trading at $13.25, well below its 52-week high. » More on de.investing.com

Dole reported first-quarter revenue up about 12% year over year while adjusted EBITDA fell to $100 million and adjusted diluted EPS declined to $0.33. Higher fruit sourcing costs, weather-related supply disruptions and currency effects weighed on the fresh fruit segment despite volume and pricing gains. Management kept its full-year adjusted EBITDA target of at least $400 million, cited indirect cost pressures from the Middle East conflict and expects some relief as pricing and fuel surcharges catch up later in the year. The company highlighted stronger performance in diversified segments, a planned ~$100 million automation/AI warehouse investment and the pending sale of its Guayaquil port operations with expected net proceeds of roughly $75 million. » More on finance.yahoo.com