Dole plc (DOLE) Form 10-Q — Aug 10, 2026

$DOLEForm 10-QFiled Aug 10, 2026, 6:10 AM ET0001857475-26-000076Original filing

Dole plc reported second-quarter 2026 revenue of $2.50 billion, up 2.9% year over year, with net income attributable to Dole plc of $26.0 million, or $0.27 per diluted share, versus $10.0 million, or $0.10, a year ago. The prior-year quarter included a roughly $35.0 million after-tax loss from the discontinued Fresh Vegetables division. Underlying profitability weakened: income from continuing operations fell to $35.1 million from $52.9 million, and operating income nearly halved to $47.5 million from $103.2 million, as higher fruit sourcing, shipping and fuel costs compressed gross profit.

Key figures

Eps: Q2 2026 diluted: $0.27 (vs $0.10 prior year); continuing operations diluted: $0.27 (vs $0.46 prior year)
Revenue: Q2 2026: $2,499.4 million; H1 2026: $4,841.6 million
Net Income: Q2 2026: $26.0 million attributable to Dole plc (vs $10.0 million prior year); H1 2026: $57.3 million (vs $48.9 million)
Total Debt: $1,031.5 million net (gross $1,037.8 million)
Revenue Yoy: Q2: +2.9%; H1: +6.9%
Cash Position: $291.7 million as of June 30, 2026
Shares Outstanding: 94458807
Gross profit q2: $195.3 million (vs $218.3 million prior year)
Operating income q2: $47.5 million (vs $103.2 million prior year)
H1 share repurchases: $14.6 million (1,025,860 shares at avg $14.25)
Q2 dividend declared: $0.085 per share (declared August 7, 2026)
Effective tax rate q2: 36.2%
Foreign tax audit assessment: ~$23.5 million including interest and penalties
Port disposal gross proceeds: ~$180.0 million (completed July 1, 2026)
Buyback authorization remaining: $85.4 million of $100.0 million program
Port sale expected net proceeds: ~$95.0 million
Legal and restructuring costs q2: $23.1 million (non-recurring settlement of a historical legal matter)
Operating cash flow h1 continuing: -$8.5 million used (vs -$60.4 million prior year)
Fresh fruit segment adjusted ebitda q2: $50.3 million (vs $72.8 million prior year)
Pre closing ownership restructuring cash paid: $51.2 million

Price after filing

1 day: 0.0%7 days: -6.5%30 days: +0.4%

Close on the filing date to close N calendar days later (from $13.83). Historical, not a forecast.

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