Dole Q1 Earnings Call Highlights

5 days ago 5

MarketBeat

Mon, May 11, 2026 astatine 8:05 AM CDT 7 min read

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Key Points

  • Carving Up Profits: 3 Food Stocks connected the Thanksgiving Table

Dole (NYSE:DOLE) reported a coagulated commencement to fiscal 2026, with absorption citing beardown user demand, favorable momentum successful its diversified businesses and continued outgo unit successful caller effect during the company’s first-quarter net webcast.

Chief Executive Officer Rory Byrne said gross roseate 12% twelvemonth implicit year, supported by request crossed cardinal markets and “evolving dietary preferences influenced by GLP-1 adoption” arsenic good arsenic broader wellness and wellness trends. Adjusted EBITDA was $100 million, which Byrne said was successful enactment with the company’s expectations.

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  • Dole is simply a Tasty Low Hanging Treat for Value Hunters

The institution maintained its full-year outlook, continuing to people adjusted EBITDA of astatine slightest $400 cardinal for 2026 contempt higher costs tied indirectly to the struggle successful the Middle East.

Revenue Rises, Adjusted Earnings Slip

Chief Financial Officer Jacinta Devine said radical gross was 11.6% higher connected a reported basis, reflecting affirmative request and favorable overseas speech movements. On a like-for-like basis, gross accrued 7%.

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  • Dole plc Has Tough Time With Systemic Headwinds

However, outgo of income accrued astatine a faster complaint than revenue, driven chiefly by higher effect sourcing costs successful the caller effect segment. Operating income declined by $6 million, portion nett income was $37.7 million, down $6.4 cardinal from the anterior year.

Adjusted EBITDA decreased by $4.5 cardinal to $100 million, portion adjusted nett income fell by $1.9 million. Adjusted diluted net per stock were $0.33, compared with $0.35 successful the archetypal 4th of 2025.

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