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EarningsQ2 2026 Earnings Report
DOLE Q2 2026 EPS Results
Actual EPS$0.46
Consensus EPS$0.46
Beat/MissBeat by +<$0.01
One Year Ago EPS$0.55
DOLE Q2 2026 Revenue Results
Actual Revenue$2.50B
Expected Revenue$2.53B
Beat/MissMissed by -$26.66M
YoY Revenue Growth+2.92%
Earnings Announcement Details
QuarterQ2 2026
Date08/10/2026
TimeBefore Open
Conference CallMonday, August 10, 2026
DOLE Upcoming Earnings
Dole's next earnings date is estimated for March 3, 2027, based on past reporting schedules.
Q2 2026 Earnings Call Audio
DOLE Q2 2026 Earnings Call
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Q2 2026 Earnings Slide Deck
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Neutral
The call presented a balanced picture: resilient top-line performance and clear strategic progress (strong Diversified Americas, Scandinavian acquisition, $95M port sale, disciplined capital allocation) offset by near-term margin and profitability pressures driven by elevated fuel/shipping costs, weather and currency impacts that reduced adjusted EBITDA, EPS and Fresh Fruit profitability. Management maintained full-year adjusted EBITDA guidance (~$400M) and highlighted balance sheet improvement and use of proceeds to support growth and automation investments.Company Guidance
Group Revenue Growth
Group revenue of $2.5 billion, up 2.9% on a reported basis and up 1.7% on a like-for-like basis excluding foreign exchange, reflecting resilient consumer demand and positive operational performance.
Diversified Americas Outperformance
Diversified Americas delivered strong results: revenue increased 14% year-over-year and adjusted EBITDA rose by $5.2 million to $20.6 million, driven by higher volumes in North America (kiwi, avocados, cherries) and effective dynamic pricing.
Ecuador Port Sale Strengthens Balance Sheet
Completed Ecuador port sale (closed July 1) expected to unlock approximately $95 million of net proceeds; ended the quarter with net debt of $746 million (net leverage 2.0x) and pro forma net leverage of ~1.6x after recognizing proceeds, improving liquidity and financial flexibility.
Strategic M&A and Investment Progress
Acquired Greenfood's Fresh Produce division in Scandinavia (early July), adding a state-of-the-art distribution facility in Helsingborg and a platform for automation and AI investments; completed a bolt-on acquisition in Irish growing operations to strengthen sourcing.
Capital Allocation Discipline and Share Buyback
Returned capital with repurchases of just over 700,000 shares for $10 million (average $13.88/share); Q2 capital expenditure ~ $25 million with FY routine CapEx guidance ~ $100 million; first-half free cash flow significantly improved year-over-year.
FY 2026 Adjusted EBITDA Guidance
Management is targeting full-year adjusted EBITDA of approximately $400 million, reflecting expectation of cost-recovery mechanisms (fuel surcharges), benefits from recent investments and continued strength in diversified businesses.
DOLE Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed