DOLE Stock Recent News
DOLE LATEST HEADLINES
Dole's supply chain optimization and multi-channel growth are key factors supporting margin and scale expansion. The company on a multiples and growth value basis is materially undervalued relative to peers. Expect material price stability with Dole's inclusion into the Russell 3000 Index and the small-cap Russell 2000 index.
Dole's net income soared compared to last year. Solid growth in its fresh fruit segment led the way.
DUBLIN--(BUSINESS WIRE)--Dole plc (NYSE: DOLE) will announce its financial results for the first quarter of 2023 on Thursday, May 18, 2023, 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 posted on the company website along with a press release and other supplemental financial information. The live webcast and a replay after the event can be accessed at ww.
Dole plc (NYSE:DOLE ) Q4 2022 Earnings Conference Call March 7, 2023 8:00 AM ET Company Participants James O'Regan - Head of IR Rory Byrne - CEO Jacinta Devine - CFO & Director Johan Linden - COO & Director Conference Call Participants Ben Bienvenu - Stephens Adam Samuelson - Goldman Sachs Chris Barnes - Deutsche Bank Gary Martin - Davy Operator Welcome to the Dole plc Fourth Quarter and Full Year 2022 Earnings Conference Call and Webcast. Today's conference is being broadcast live over the Internet and is also being recorded for playback purposes.
Dole (DOLE) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
I think Dole plc selling its Vegetable division is an incredibly accretive move. After the sale, even at today's depressed multiple, Dole plc stock offers a 45% upside potential, all else being equal.
Dole plc's sale of the Fresh Vegetable division substantially de-risks an already compelling investment by increasing EBITDA and decreasing leverage. Adjusted EBITDA increases ~$30 million to $370 just by removing the loss-making division.
Dole is a recently IPO'd global wholesaler of fruit and vegetables. It is inexpensive at roughly 6x EV/EBITDA on current guidance.
Dole plc (NYSE:DOLE ) Q3 2022 Earnings Conference Call November 17, 2022 8:00 AM ET Company Participants James O'Regan - Head, Investor Relations Rory Byrne - Chief Executive Officer Johan Linden - Chief Operating Officer Jacinta Devine - Chief Financial Officer Conference Call Participants Adam Samuelson - Goldman Sachs Roland French - Davy Ben Bienvenu - Stephens Christopher Barnes - Deutsche Bank Ken Zaslow - Bank of Montreal Operator Welcome to the Dole plc Third Quarter 2022 Earnings Conference Call and Webcast. Today's conference is being broadcast live over the Internet and is also being recorded for playback purposes.
Dole (DOLE) delivered earnings and revenue surprises of 55.56% and 1.50%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?