Dole Misses on Q1 Profit But Lifts 2025 Outlook, S…

From Financial Modeling Prep: 2025-05-12 12:02:00

Dole (NYSE:DOLE) reported mixed Q1 results, missing profit expectations but surpassing revenue forecasts. Shares down over 8% intra-day. Adjusted earnings at $0.35 per share, below expected $0.39. Revenue hit $2.1 billion, up 4.2% YoY. EBITDA down 4.8% to $104.8 million, but full-year guidance raised to at least $380 million for 2025. EBITDA slipped 2%, reaffirmed maintenance capital spending plans of $100 million for 2025. Additional reinvestment needed in Honduras post-Tropical Storm Sara.



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