Successful Launch of Dole Colada Royale Pineapple
Dole introduced a new pineapple variety, Colada Royale, developed over 15 years of R&D. It is already selling at a premium and delivering high margins.
Strong Revenue Growth
Revenue increased by 10.5% on a reported basis and 8% on a like-for-like basis, reaching $2.3 billion, driven by growth across all segments.
Positive Performance in Diversified EMEA and Americas
Both segments showed strong growth, with EMEA seeing an 11% revenue increase and a 34% EBITDA growth, while Americas saw an 8% revenue increase and a 46% EBITDA growth.
Share Repurchase Program
Dole announced a $100 million share repurchase program, indicating strong confidence in its strategic growth and shareholder value enhancement.