Dole plc — Third Quarter 2026 Earnings Summary

Dole plc reported third-quarter 2026 revenue of $2.4 billion, a 3.8% increase from the prior year, driven by operational performance and acquisitions. Net income rose to $48.3 million, benefiting from a $48.6 million gain on the sale of an Ecuador port, while adjusted EBITDA increased 4.1% to $84.1 million. The company strengthened its balance sheet, reducing net leverage to 1.3x following the port sale, and completed the acquisition of Greenfood Fresh Produce in Scandinavia. Management has lowered its full-year 2026 adjusted EBITDA guidance to a range of $380 million to $390 million due to elevated fuel and shipping costs.