Dole Plc ( (DOLE) ) has released its Q2 earnings. Here is a breakdown of the information Dole Plc presented to its investors.
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Dole plc, a global leader in the fresh produce industry, is renowned for producing, marketing, and distributing a wide variety of fresh fruits and vegetables worldwide, with a commitment to sustainability and health.
Dole plc reported a robust financial performance for the second quarter of 2025, with significant revenue growth across all segments of its continuing operations. Despite a decrease in net income due to losses in its Fresh Vegetables division, the company achieved a notable increase in adjusted EBITDA and adjusted net income.
The company’s revenue for the quarter reached $2.4 billion, marking a 14.3% increase compared to the previous year. Adjusted EBITDA rose by 9.3% to $137.1 million, while adjusted net income increased by 13% to $53.2 million. A strategic highlight was the completion of the sale of the Fresh Vegetables division for approximately $140 million, allowing Dole to focus on its core business activities.
Dole’s management expressed satisfaction with the company’s performance and revised its full-year guidance upward, targeting an adjusted EBITDA between $380 million and $390 million. Despite a complex macroeconomic environment, Dole remains confident in the resilience of its diversified business model and its ability to achieve its financial targets.
Looking ahead, Dole aims to explore development opportunities through internal and external investments, leveraging the strategic clarity gained from the recent sale of its Fresh Vegetables division to drive future growth.