The latest announcement is out from Dole ( (DOLE) ).
Dole plc reported its financial results for the fourth quarter and full year ending December 31, 2024, showing strong operational performance despite a net loss of $31.6 million in the fourth quarter due to a non-cash write-down in its Fresh Vegetables division. For the full year, Dole achieved a revenue increase of 2.8% to $8.5 billion, with net income decreasing to $143.4 million, primarily impacted by the same write-down. The company ended the year with reduced net debt and a strong financial position, setting a positive outlook for the upcoming year despite geopolitical uncertainties.
More about Dole
Dole plc operates in the agricultural industry, primarily focusing on fresh produce. The company is known for its diversified range of fresh fruits and vegetables, serving markets globally with a significant presence in the Americas and the rest of the world.
YTD Price Performance: 1.92%
Average Trading Volume: 447,401
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $1.31B
See more data about DOLE stock on TipRanks’ Stock Analysis page.