Dole PLC

doleplc.com

What Do They Do?

Sells fresh fruits and vegetables to retailers, wholesalers and foodservice operators.

How Do They Make Money?

Customers buy produce and health foods and consumer goods, with product sales earned when goods ship or are delivered. Dole also earns service revenue from freight, brand royalties, and handling and transporting third-party cargo.

revenue

Segment	Share	How money arrives
Diversified produce Sold outright	62% FY2022: 63%	Sold outright
Tropical fruit Sold outright	34% FY2022: 32%	Sold outright
Health foods and consumer goods Sold outright	1.8% FY2022: 1.5%	Sold outright
Commercial cargo	2.1% FY2022: 2.4%
Other	0.4% FY2022: 0.8%

Who Are Their Customers?

Retailers and wholesalers, foodservice operators, and distributors and smaller regional customers buy Dole’s produce through retail, wholesale, foodservice and e-commerce channels.

Do Revenues Turn Into Profits?

Yes. It kept 1 cent of every revenue dollar as net income in FY2025.

Operating income, FY2025

2% of revenue

▼ −21% vs FY2024 ($280.6M, 3%)

Net income, FY2025

1% of revenue

▼ −59% vs FY2024 ($125.5M, 1%)

How Are They Changing?

Since the FY2025 annual report

Latest quarter: Q2 FY2026, the three months to Jun 30, 2026

Revenue: ▲ +3%; vs $2.4B in Q2 FY2025
Net income: ▲ +161%; vs $10M in Q2 FY2025

Diversified produce share of revenue vs 59.3% in Q2 FY2025

Jul 1, 2026 Sold its Ecuadorian port business The sale of its port properties and associated Guayaquil operations closed for net cash proceeds of approximately $75.0 million.

Growing. Revenue grew 54% in 4 years, from $5.9B in FY2021 to $9.2B in FY2025, about 11% a year.

Fresh Vegetables exit The older report included Fresh Vegetables as a segment selling value-added salads and fresh-packed vegetables in North America; the latest report says Dole sold that division and treats its results as discontinued operations.

Revenue over time

Diversified produce Tropical fruit Health foods and consumer goods Commercial cargo Other

$10B$5B$0

FY2021 FY2022 FY2023 FY2024 FY2025

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