Dole plc reported second quarter 2026 results with revenue of $2.5 billion, up 2.9% on a reported basis, while adjusted EBITDA fell to $117 million, a decrease of $20.4 million, mainly due to higher fuel and shipping costs in Fresh Fruit. Net income from continuing operations was $35.1 million, down from $52.9 million a year earlier, and adjusted diluted EPS was $0.46 versus $0.55 in Q2 2025. The company completed the sale of its Ecuador port on July 1, unlocking approximately $95 million in net proceeds, and acquired Greenfood's Fresh Produce division in Scandinavia. Dole repurchased just over 700,000 shares for $10 million during the quarter and is targeting full year adjusted EBITDA of approximately $400 million for 2026.
Dole PLCDole targets $400M adjusted EBITDA for 2026, with Q2 results and share buyback.
