Dole's Strong Start: $2.3B Revenue, Diversified Growth

Doles 2026 kickoff saw a 12% revenue surge to $2.3 billion, with adjusted EBITDA hitting $100 million, driven by health and wellness trends. Despite challenges in fresh fruit sourcing, diversified Americas and EMEA regions shone, with EBITDA growth of 29% and 8% respectively. Dole closed the Guayaquil port sale deal, expecting $75 million net proceeds for smart capital moves. Investments in Swedish automation, AI, and European bolt-on buys are prioritized, with routine capex at $100 million and dividends/share buybacks in play. Despite Q2 pressures, dynamic pricing and cost savings are expected to bolster the back half, with full-year adjusted EBITDA guidance at least $400 million. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/f454d3b3f3c64b47