Dole quarterly revenue climbs to $2.4 billion
Key points
- Dole reported third-quarter 2026 revenue of US$2.4 billion, up 3.8%, while net income increased US$34.5 million to US$48.3 million.
- Adjusted EBITDA increased 4.1% to US$84.1 million, while net leverage declined to 1.3 times following the sale of its Ecuador port.
- Dole continued integrating Greenfood Fresh Produce, advanced plans for its Helsingborg facility and repurchased US$10 million in shares during the quarter.
Dole (NYSE:DOLE) reported third-quarter 2026 revenue of US$2.4 billion, up 3.8%, while net income increased US$34.5 million to US$48.3 million.
The increase in net income benefited from a gain on the sale of the company's Ecuador port, while adjusted EBITDA increased 4.1% to US$84.1 million.
Dole said its balance sheet strengthened following the Ecuador port sale, reducing net leverage to 1.3 times.
The company continued integrating Greenfood Fresh Produce, with plans progressing for the multi-year development of its Helsingborg facility in Sweden.
Dole also continued returning capital to shareholders, repurchasing US$10 million worth of its shares during the third quarter.
The company operates a global fresh produce business, growing, sourcing, packing, shipping, marketing and distributing fruits and vegetables across international markets.
