DUBLIN--(BUSINESS WIRE)--Dole plc (NYSE: DOLE) (“Dole” or the “Group”) has today announced that it has reached an agreement to sell its 65% equity stake in Progressive Produce LLC (“Progressive Produce” or the “Company”) to PTF Holdings, LLC (“PTF Holdings”), the parent company of Pacific Trellis Fruit, LLC (“Pacific Trellis Fruit”). PTF Holdings is a portfolio company of Arable Capital Partners, LLC (“Arable”). Dole will receive gross cash proceeds of $120.25 million from this sale. Progressive Produce, l ...

Dole Fresh Vegetables is recalling certain salad kits over concerns that they may be contaminated with potentially harmful bacteria.The California-based company is pulling a limited number of Dole-branded and private-label salad kits from the market because they were processed on the same line as the cheese that has been recalled from manufacturer Rizo-Lopez Foods, according to a recall notice posted by the Food and Drug Administration (FDA). Dole said salad kits sold under its brand name and the President ...

MONTEREY, Calif.--(BUSINESS WIRE)--Dole Fresh Vegetables, Inc. is voluntarily recalling from the market a limited number of Dole-branded and private label salad kits described below, which were processed on the same line as a cheese that has been recalled by the manufacturer, Rizo-Lopez Foods, for the possible presence of Listeria monocytogenes. (https://www.fda.gov/safety/recalls-market-withdrawals-safety-alerts/rizo-lopez-foods-inc-voluntarily-recalls-dairy-products-because-possible-health-risk) Listeria ...

DUBLIN--(BUSINESS WIRE)--Dole plc (NYSE: DOLE) will announce its financial results for the fourth quarter and full year of 2023 on Thursday, February 29, 2024, prior to the market opening. The company’s management will host a webcast and conference call on the same day at 08:00 a.m. Eastern Time. A presentation to accompany the discussion will be uploaded to the company website along with a press release and other supplemental financial information. The live webcast and a replay after the event can be acc ...

Scott Olson/Getty Images News Quick Overview It is a new trading week and to kick things off we are picking a relatively under-covered stock in the consumer staples sector, but a common sight in the fruit and juice aisles of many supermarkets, Dole plc (NYSE:DOLE). This is a brand that some of us grew up with over the last few decades, and thinking about it brings back memories of the smell of orange and pineapples. However, in February 2024 does it make for a good investment? Our thesis today is that this ...

Overall, our strong results in the first nine months position us well to deliver a good result for the full year, and we are now targeting an adjusted EBITDA for 2023 of at least $365 million. Our strategic priorities for the remainder of the year remains the same and to recap these are accelerating growth in our core business areas and categories exiting the fresh vegetable business, focusing on cost control and operating efficiencies across our businesses, including the ongoing value creation and collabor ...

Exhibit 99.1 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 September 30, 2023 and December 31, 2022 2 Unaudited Condensed Consolidated Statements of Operations for the Three and Nine Months ended September 30, 2023 and September 30, 2022 3 Unaudited Condensed Consolidated Statements of Comprehensive Income for the Three and Nine Months ended September 30 ...

Yeah, I mean, historically, Adam, if you go back over the banana business, it was a strong first half and a much weaker second half. Last year, certainly, the back half of the year was disproportionately strong and so it's a little bit of an unusual year. We're seeing a little bit more consistency in earnings over the course of the year with some of the dynamics, underlying dynamics changing as we move along. And so, I mean, we've just put the factors into it. We're happy with Q2. We're happy what we're tra ...

Exhibit 99.1 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 June 30, 2023 and December 31, 2022 2 Unaudited Condensed Consolidated Statements of Operations for the Three and Six Months ended June 30, 2023 and June 30, 2022 3 Unaudited Condensed Consolidated Statements of Comprehensive Income for the Three and Six Months ended June 30, 2023 and June 30, 20 ...

Dole plc. (NYSE:DOLE) Q1 2023 Earnings Conference Call May 18, 2023 8:00 AM ET James OÂ'Regan - Head of IR Jacinta Devine - CFO & Director Conference Call Participants Ben Bienvenu - Stephens Gary Martin - Davy Welcome to the Dole plc First Quarter 2023 Earnings Conference Call and Webcast. TodayÂ's conference is being broadcast live over the Internet and is also being recorded for playback purposes. At this time, all participants are in listen-only mode. After the speakersÂ' presentation, there will be a q ...