Dole (NYSE:DOLE) Issues Quarterly Earnings Results

Dole (NYSE:DOLE) posted its earnings results on Wednesday. The company reported $0.14 EPS for the quarter, topping the consensus estimate of $0.12 by $0.02, FiscalAI reports. The firm had revenue of $2.37 billion during the quarter, compared to analysts’ expectations of $2.32 billion. Dole had a net margin of 0.17% and a return on equity of 7.98%. The company’s quarterly revenue was up 9.2% compared to the same quarter last year. During the same period last year, the company posted $0.16 EPS.

Here are the key takeaways from Dole’s conference call:

• We delivered Adjusted EBITDA of $395 million in 2025, beating guidance, and are targeting at least $400 million for 2026.
• Management completed strategic portfolio moves — the sale of the Fresh Vegetables business for $140 million and an expected ~ $75 million net proceed sale of the Guayaquil port — and renewed a $1.2 billion credit facility while launching a $100 million buyback program (S$4.5m spent to date), giving the company greater capital allocation flexibility.
• Fresh Fruit profitability was pressured by higher sourcing costs for bananas, pineapples and plantains and weather disruption (notably Tropical Storm Sara), though Honduran farm rehabilitation is underway with full recovery expected later in 2026.
• The Diversified Fresh Produce segments were strong — EMEA delivered $150 million Adjusted EBITDA (+14% YoY) and Diversified Americas drove double-digit growth (Q4 Adjusted EBITDA up 32%, full-year up 21%) led by kiwis, citrus and export volumes like cherries.
• Financials show improving leverage (net debt ~1.5x), expected 2026 interest expense of ~ $60 million, routine CapEx guidance of ~ $100 million, and longer-term free cash flow conversion guidance of 30–35% despite 2025 one-offs that reduced reported FCF.

Dole Stock Performance

Shares of DOLE stock traded down $0.59 on Wednesday, reaching $15.41. The stock had a trading volume of 581,799 shares, compared to its average volume of 674,784. The stock has a market cap of $1.47 billion, a P/E ratio of 102.70, a price-to-earnings-growth ratio of 1.93 and a beta of 0.64. Dole has a 1 year low of $12.52 and a 1 year high of $16.57. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.90 and a current ratio of 1.21. The company has a 50 day simple moving average of $15.33 and a 200 day simple moving average of $14.34.

Dole announced that its board has approved a share repurchase program on Monday, November 10th that authorizes the company to repurchase $100.00 million in shares. This repurchase authorization authorizes the company to buy up to 8.3% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company’s management believes its stock is undervalued.

Institutional Investors Weigh In On Dole

A number of large investors have recently made changes to their positions in DOLE. AQR Capital Management LLC grew its position in Dole by 28.5% during the first quarter. AQR Capital Management LLC now owns 48,685 shares of the company’s stock valued at $703,000 after buying an additional 10,793 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of Dole by 4.4% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 44,593 shares of the company’s stock worth $644,000 after acquiring an additional 1,879 shares during the last quarter. Millennium Management LLC bought a new stake in shares of Dole during the 1st quarter valued at $6,749,000. Jane Street Group LLC grew its position in shares of Dole by 87.6% during the 1st quarter. Jane Street Group LLC now owns 213,786 shares of the company’s stock valued at $3,089,000 after acquiring an additional 99,842 shares during the period. Finally, Legal & General Group Plc increased its stake in shares of Dole by 96.4% in the 2nd quarter. Legal & General Group Plc now owns 22,106 shares of the company’s stock worth $309,000 after purchasing an additional 10,849 shares in the last quarter.

More Dole News

Here are the key news stories impacting Dole this week:

• Positive Sentiment: Q4 results beat revenue and EPS estimates: revenue ~$2.37B (vs. $2.32B est.), EPS $0.14 vs. $0.12 est., revenue +9.2% YoY — evidence of top-line momentum and better-than-expected operational performance. Dole beats revenue estimates with flat Q4 earnings
• Positive Sentiment: Management lifted its outlook alongside Q4 results and highlighted adjusted EBITDA and adjusted net income beats, signaling confidence in earnings trajectory and cash generation. Fresh produce firm Dole lifts outlook as quarterly revenue climbs
• Positive Sentiment: Announced agreement to sell port assets in Ecuador — a potential balance-sheet / liquidity positive that could reduce capital intensity and free cash for debt reduction or reinvestment. Dole plc Reports Fourth Quarter and Full Year 2025 Financial Results
• Neutral Sentiment: Product expansion: DOLE WHIP® is rolling into new retail formats and flavors — supports brand/retail growth but is likely a gradual revenue contributor rather than an immediate margin driver. DOLE WHIP® EXPANDS INTO NEW RETAIL FORMATS AND FLAVORS
• Neutral Sentiment: Company provided operational reassurances after heavy rain (no Wahiawa reservoir dam breach) — limits near-term disruption risk to Hawaii operations. Dole assures no Wahiawa Reservoir Dam breach after heavy rain
• Negative Sentiment: Tiny net income and narrow margins: reported net income was $6.0M and net margin ~0.17%, and EPS was slightly below prior-year quarter ($0.16 → $0.14). Profitability remains pressured, which can limit valuation upside until margin improvement is sustained. Dole plc Reports Fourth Quarter and Full Year 2025 Financial Results

Analyst Ratings Changes

Several equities analysts have recently issued reports on DOLE shares. Weiss Ratings reiterated a “hold (c-)” rating on shares of Dole in a report on Monday, December 29th. Wall Street Zen raised Dole from a “hold” rating to a “buy” rating in a research report on Saturday, December 13th. Two equities research analysts have rated the stock with a Hold rating, According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of $16.00.

Dole Company Profile

Dole plc is a global producer, marketer and distributor of fresh fruits and vegetables. The company’s product range includes bananas, pineapples, berries, grapes, salads and a variety of other fresh and packaged produce, sold under the Dole brand and through private-label arrangements. Dole’s operations span the full fresh-produce value chain, from farming and sourcing to packing, ripening, cold‑chain logistics and wholesale and retail distribution, supporting both retail grocery and foodservice customers.

The company traces its commercial heritage to the early 20th century Hawaiian pineapple business founded by James Dole and has evolved through subsequent corporate restructurings and combinations.