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Dole plc Reports Q1 2025 Financial Results and Completes Credit Refinancing

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Dole plc Reports Q1 2025 Financial Results and Completes Credit Refinancing

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Dole ( (DOLE) ) has issued an update.

On May 12, 2025, Dole plc announced its financial results for the first quarter of 2025, reporting a revenue of $2.1 billion, which is a slight decrease of 1.0% compared to the previous year. Despite this, the company achieved a 4.2% revenue increase on a like-for-like basis. Net income decreased to $44.2 million due to a prior exceptional gain from the sale of Progressive Produce. The company also completed a $1.2 billion refinancing of its credit facilities post-quarter, enhancing its financial flexibility. Dole increased its quarterly dividend by 6.25% and revised its full-year guidance upwards, targeting an adjusted EBITDA of at least $380 million.

Spark’s Take on DOLE Stock

According to Spark, TipRanks’ AI Analyst, DOLE is a Neutral.

Dole’s overall stock score reflects a stable financial performance with robust cash flows and reasonable valuation metrics. The stock’s technical analysis suggests a neutral sentiment, with no clear momentum. The earnings call provided a positive outlook, despite some challenges ahead. The company’s strategic focus on revenue growth and debt management is crucial for overcoming potential risks and enhancing future performance.

To see Spark’s full report on DOLE stock, click here.

More about Dole

Dole plc operates in the fresh produce industry, offering a wide range of fruits and vegetables. The company is known for its diversified fresh produce segments across different regions, including the Americas, Europe, the Middle East, and Africa (EMEA).

Average Trading Volume: 582,535

Technical Sentiment Signal: Buy

Current Market Cap: $1.4B

Find detailed analytics on DOLE stock on TipRanks’ Stock Analysis page.

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