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Dole(DOLE) - 2024 Q1 - Earnings Call Transcript
2024-05-15 13:54
James O'Regan - Head of Investor Relations Rory Byrne - CEO & Executive Director Jacinta Devine - CFO & Director Johan Linden - COO & Director Operator Thank you, Pam. Welcome everybody and thank you for taking the time to join our first quarter 2024 earnings conference call and webcast. Company Participants Adam Samuelson - Goldman Sachs Christopher Barnes - Deutsche Bank Gary Martin - Davy Ben Bienvenu - Stephens Christian Junquera - Bank of America For opening remarks and introductions, I would like to t ...
Dole (DOLE) Surpasses Q1 Earnings and Revenue Estimates
Zacks Investment Research· 2024-05-15 12:11
Dole (DOLE) came out with quarterly earnings of $0.43 per share, beating the Zacks Consensus Estimate of $0.31 per share. This compares to earnings of $0.34 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 38.71%. A quarter ago, it was expected that this fresh fruit and vegetable company would post earnings of $0.03 per share when it actually produced earnings of $0.16, delivering a surprise of 433.33%.Over the last four quarte ...
Dole(DOLE) - 2024 Q1 - Earnings Call Presentation
2024-05-15 11:53
Anticipating higher shipping costs in 2024 and continued impact from currency appreciation in key sourcing countries Revenue - $'m 2,121 1,989 Income from Continuing Operations (3) - $'m 71.5 35.0 Diluted EPS from Continuing Operations - $ 0.80 0.30 Adjusted Diluted EPS - $ 0.43 0.34 Segment Results – Continuing Operations Fresh Fruit Q1'24 REVIEW ▪ Adjusted EBITDA in line with Q1'23 Diversified Fresh Produce EMEA +10.9% YoY | --- | --- | |------------------------------------------------------------|------- ...
Dole(DOLE) - 2024 Q1 - Quarterly Report
2024-05-15 10:09
Table of Contents | Background and Certain Defined Terms | 1 | | --- | --- | | Forward-Looking Statements | 1 | | PART I - FINANCIAL INFORMATION | | | Item 1. Financial Statements | 1 | | Unaudited Condensed Consolidated Balance Sheets as of March 31, 2024 and December 31, 2023 | 2 | | Unaudited Condensed Consolidated Statements of Operations for the Three Months ended March 31, 2024 and | | | March 31, 2023 | 3 | | Unaudited Condensed Consolidated Statements of Comprehensive Income for the Three Months end ...
Dole Plc Stock: Bullish As Declining Debt Unlock Values
Seeking Alpha· 2024-04-20 16:09
Richard Drury/DigitalVision via Getty Images Dole PLC (NYSE:DOLE) has faced a volatile last couple of years since its 2021 IPO. The company recognized as a global leader in food categories of fresh fruit and produce has been challenged to deal with supply chain constraints, inflationary cost pressures, as well as a shifting post-pandemic consumer spending trends. The latest setback was an announcement to back away from the planned sale of its Fresh Vegetable Division on the threat the U.S. Department of Jus ...
Dole(DOLE) - 2023 Q4 - Annual Report
2024-03-28 10:25
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 _____________________ FORM 20-F _____________________ (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 O ...
Dole plc Announces Completion of Sale of Progressive Produce to Arable Capital
Businesswire· 2024-03-13 20:53
DUBLIN--(BUSINESS WIRE)--Dole plc (NYSE: DOLE) (“Dole”) has today announced that it has completed the previously announced sale of its 65% equity stake in Progressive Produce LLC to PTF Holdings, LLC (“PTF Holdings”), the parent company of Pacific Trellis Fruit, LLC. PTF Holdings is a portfolio company of Arable Capital Partners, LLC (“Arable”). Dole has received gross cash proceeds of $120.25 million from this sale. Additional details of the transaction can be found in a press release issued on February 27 ...
Dole(DOLE) - 2023 Q4 - Earnings Call Transcript
2024-02-29 17:28
Hello, everyone. Welcome to the Dole plc Fourth Quarter and Full Year 2023 Earnings Conference Call and Webcast. Today's conference is being broadcast live over the internet and is also being recorded for playback purposes. Currently, all participants are in a listen-only mode. After the speaker's presentation, there will be a question-and-answer session. For opening remarks and introductions, I would like to turn the call over to Head of Investor Relations with Dole plc, James O'Regan. Dole plc. (NYSE:DOLE ...
Dole (DOLE) Beats Q4 Earnings and Revenue Estimates
Zacks Investment Research· 2024-02-29 13:16
Dole (DOLE) came out with quarterly earnings of $0.16 per share, beating the Zacks Consensus Estimate of $0.03 per share. This compares to earnings of $0.09 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 433.33%. A quarter ago, it was expected that this fresh fruit and vegetable company would post earnings of $0.11 per share when it actually produced earnings of $0.24, delivering a surprise of 118.18%.Over the last four quart ...
Dole(DOLE) - 2023 Q4 - Annual Report
2024-02-28 16:00
Exhibit 99.1 Dole plc Reports Fourth Quarter and Full Year 2023 Financial Results DUBLIN – February 29, 2024 - Dole plc (NYSE: DOLE) ("Dole" or the "Group" or the "Company") today released its financial results for the three months and year ended December 31, 2023. Highlights for the year ended December 31, 2023: • Very strong full year results achieved following a year of good momentum for the Group • Revenue of $8.2 billion, an increase of 2.8% • Net income of $155.7 million, an increase of 39.3%, and Dil ...