DUBLIN, IRELAND - Dole plc released its financial results for the three and nine months ended September 30, 2025.

Highlights for the three months ended September 30, 2025:

• Positive third quarter performance, positioning the Company to deliver a strong full year result for 2025
• Revenue of $2.3 billion, an increase of 10.5% (an increase of 8.2% on a like-for-like basis)
• Net Income decreased to $13.8 million, due to a loss in discontinued operations
• Adjusted EBITDA of $80.8 million, strong performance in Diversified segments partially offset anticipated temporary decline in Fresh Fruit

• Adjusted Net Income of $15.0 million and Adjusted Diluted EPS of $0.16
• Proceeds received from sale of Fresh Vegetables division contributed to decrease in Net Debt to $664.5 million
• Board authorization granted in November 2025 for share repurchases up to $100 million in the aggregate

Commenting on the results, Carl McCann, Executive Chairman, said in the release:

“We are pleased to report a good outcome for the third quarter of 2025. Our Diversified Fresh Produce segments delivered excellent results, partially offsetting an anticipated decline in Fresh Fruit in the quarter.

The momentum within the overall business gives us confidence that our full year Adjusted EBITDA should be at the upper end of our targeted range of $380 million to $390 million.

In August, we were pleased to successfully complete the sale of the Fresh Vegetables Division, providing us with greater flexibility in our capital allocation strategy. As part of this strategy, our Board of Directors has granted authorization for the Group to opportunistically repurchase up to $100 million of its ordinary shares.”

See the full report here.