Dole (NYSE:DOLE) reported a 9.2% increase in fourth-quarter revenue on Wednesday, reaching $2.4 billion, as the company’s diversified fresh produce segments successfully offset cost pressures in its tropical fruit division.
The Dublin-based company posted net income of $6 million for the quarter, while adjusted EBITDA of $72.7 million came in ahead of market expectations.
The results cap a transformative fiscal year 2025, during which Dole reported total revenue of $9.2 billion—an 8.2% increase over the previous year.
For the full year, net income reached $82 million, or $0.53 per diluted share.
Management noted that the performance was bolstered by robust growth in the Diversified Fresh Produce segments across the Americas and EMEA regions, which helped balance a decline in the Fresh Fruit segment caused by higher sourcing costs and weather disruptions in Central America.
Accompanying the financial results, Dole announced a definitive agreement to sell its port assets and operations in Guayaquil, Ecuador, to Terminal Investment Limited Holding S.A.
The transaction is expected to yield net proceeds of approximately $75 million.