Dole Announces Secondary Offering of 11.92 Million Common Shares Priced at $13.25 Each
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 04 2025
0mins
Source: SeekingAlpha
Secondary Offering Details: Dole has priced a secondary offering of 11,917,263 ordinary shares at $13.25 per share, with existing shareholders selling the shares and the company not receiving any proceeds.
Market Reaction: Following the announcement, Dole's stock fell by 5.50% in after-hours trading on Wednesday.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy DOLE?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on DOLE
About DOLE
Dole Plc is an Ireland-based company, which produces, markets, and distributes a variety of fresh produce sourced locally and from around the world. Its segments include Fresh Fruit, Diversified Fresh Produce - EMEA and Diversified Fresh Produce - Americas and Rest of World (ROW). The Fresh Fruit segment is a vertically integrated producer and distributor of multiple varieties of bananas, pineapples and plantains which are sourced from local growers or Company-owned and leased farms, predominately located in Latin America, and sold throughout North America, Europe, Latin America and Asia. This segment also operates a commercial cargo business. The Diversified Fresh Produce - EMEA segment includes Irish, Dutch, Spanish, French, Italian, United Kingdom, Swedish, Danish, South African, Czech, Slovakian, Polish, German and Brazilian businesses. The Diversified Fresh Produce - Americas & ROW segment includes United States, Canadian, Mexican, Chilean, Peruvian, and Argentinian businesses.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Dole Food Celebrates 125 Years of Pineapple Legacy
- Pineapple Day Celebration: Dole Food Company is celebrating its 125th anniversary on International Pineapple Day, emphasizing its leadership in the pineapple industry and showcasing its global market influence.
- Pineapple Pizza Debate: Dole officially supports the notion that 'pineapple belongs on pizza,' aiming to encourage more Americans to adopt a produce-rich diet and promote a culture of healthy eating.
- New Product Launch: To commemorate this milestone, Dole has introduced a new Epic Luau pizza recipe featuring hot honey drizzle, sliced jalapeños, and fresh DOLE® Pineapple, demonstrating the versatility and adaptability of pineapple.
- Historical Legacy and Future Vision: Dole not only celebrates its 125 years of pineapple history but also highlights its 175-year company history, continuing its commitment to nutrition education and the promotion of healthy eating in the food industry.
See More
Dole plc to Join MSCI Indices in 2026
- Index Inclusion Announcement: Dole plc announced its inclusion in the MSCI ACWI Investable Market Index, MSCI ACWI Small Cap Index, and MSCI USA Small Cap Index effective May 29, 2026, marking a significant recognition in global markets.
- Market Coverage: The MSCI ACWI Investable Market Index captures approximately 99% of the global equity investment opportunities, while the small cap indices cover about 14% of the free float-adjusted market capitalization in each country, highlighting Dole's potential in the global market.
- Business Impact: Joining these indices is expected to enhance Dole plc's market liquidity and investor interest, potentially attracting more institutional investors and strengthening the company's capital base and market position.
- Strategic Significance: This inclusion not only reflects Dole plc's leadership in the global fresh produce market but also supports the company's growth strategy by providing greater market share and brand influence in the future.
See More
Dole (DOLE) Q1 2026 Earnings Call Transcript
See More
Dole Set to Announce Q1 Earnings on May 11
- Earnings Announcement: Dole is set to release its Q1 earnings on May 11 before market open, with consensus EPS estimates at $0.34, reflecting a 2.9% year-over-year decline, while revenue is expected to reach $2.23 billion, indicating a 6.2% year-over-year growth potential.
- Historical Performance: Over the past two years, Dole has beaten EPS estimates 50% of the time and has achieved a 100% success rate in beating revenue estimates, suggesting a strong track record in managing revenue expectations and potentially boosting investor confidence.
- Estimate Revision Trends: In the last three months, there have been no upward revisions to EPS estimates and one downward revision, while revenue estimates saw two upward revisions with no downward adjustments, reflecting a positive outlook for Dole's future revenue growth.
- Strategic Transformation Goals: Dole aims to achieve $400 million in adjusted EBITDA by 2026, following a $140 million divestiture of fresh vegetables and new product launches, demonstrating the company's strategic focus on optimizing its portfolio and enhancing profitability.
See More
Dole plc to Participate in Upcoming Investor Conferences
- Investor Conference Schedule: Dole plc will participate in the Goldman Sachs Global Staples Forum on May 12, 2026, where management will engage in a fireside chat at 2:20 PM ET, showcasing the company's leadership in fresh produce.
- Multiple Conference Participation: Additionally, Dole plc will attend the BMO Global Farm to Market Conference on May 13, 2026, and the TD Cowen Future of the Consumer Conference on June 2, 2026, further expanding investor engagement opportunities.
- One-on-One Meeting Opportunities: Management will be available for one-on-one investor meetings at each conference, allowing investors to schedule discussions through their Goldman Sachs, BMO, and TD Cowen representatives, enhancing communication with stakeholders.
- Live Webcast and Replays: The fireside chats will be available as live webcasts on Dole plc's Investor Relations website, with archived replays accessible shortly after the events, ensuring that investors who cannot attend live can still access the information.
See More
Dole plc to Announce Q1 2026 Financial Results on May 11
- Earnings Announcement Schedule: Dole plc will announce its Q1 2026 financial results on May 11, 2026, prior to market opening, reflecting the company's performance in the global fresh produce market.
- Webcast Meeting: At 08:00 a.m. Eastern Time on the same day, the company's management will host a live webcast to provide detailed insights into the financial results, enhancing investor understanding of the company's performance.
- Information Release Channels: Following the earnings announcement, a presentation, press release, and supplemental financial information will be uploaded to the company website, ensuring investors have timely access to the latest information.
- Global Business Overview: Dole plc is a global leader in fresh produce, dedicated to providing a diverse range of fruits and vegetables in over 85 countries, aiming to enhance global health and sustainability.
See More
Dole Food Celebrates 125 Years of Pineapple Legacy
- Pineapple Day Celebration: Dole Food Company is celebrating its 125th anniversary on International Pineapple Day, emphasizing its leadership in the pineapple industry and showcasing its global market influence.
- Pineapple Pizza Debate: Dole officially supports the notion that 'pineapple belongs on pizza,' aiming to encourage more Americans to adopt a produce-rich diet and promote a culture of healthy eating.
- New Product Launch: To commemorate this milestone, Dole has introduced a new Epic Luau pizza recipe featuring hot honey drizzle, sliced jalapeños, and fresh DOLE® Pineapple, demonstrating the versatility and adaptability of pineapple.
- Historical Legacy and Future Vision: Dole not only celebrates its 125 years of pineapple history but also highlights its 175-year company history, continuing its commitment to nutrition education and the promotion of healthy eating in the food industry.
See More
Dole plc to Join MSCI Indices in 2026
- Index Inclusion Announcement: Dole plc announced its inclusion in the MSCI ACWI Investable Market Index, MSCI ACWI Small Cap Index, and MSCI USA Small Cap Index effective May 29, 2026, marking a significant recognition in global markets.
- Market Coverage: The MSCI ACWI Investable Market Index captures approximately 99% of the global equity investment opportunities, while the small cap indices cover about 14% of the free float-adjusted market capitalization in each country, highlighting Dole's potential in the global market.
- Business Impact: Joining these indices is expected to enhance Dole plc's market liquidity and investor interest, potentially attracting more institutional investors and strengthening the company's capital base and market position.
- Strategic Significance: This inclusion not only reflects Dole plc's leadership in the global fresh produce market but also supports the company's growth strategy by providing greater market share and brand influence in the future.
See More
Dole (DOLE) Q1 2026 Earnings Call Transcript
See More
Dole Set to Announce Q1 Earnings on May 11
- Earnings Announcement: Dole is set to release its Q1 earnings on May 11 before market open, with consensus EPS estimates at $0.34, reflecting a 2.9% year-over-year decline, while revenue is expected to reach $2.23 billion, indicating a 6.2% year-over-year growth potential.
- Historical Performance: Over the past two years, Dole has beaten EPS estimates 50% of the time and has achieved a 100% success rate in beating revenue estimates, suggesting a strong track record in managing revenue expectations and potentially boosting investor confidence.
- Estimate Revision Trends: In the last three months, there have been no upward revisions to EPS estimates and one downward revision, while revenue estimates saw two upward revisions with no downward adjustments, reflecting a positive outlook for Dole's future revenue growth.
- Strategic Transformation Goals: Dole aims to achieve $400 million in adjusted EBITDA by 2026, following a $140 million divestiture of fresh vegetables and new product launches, demonstrating the company's strategic focus on optimizing its portfolio and enhancing profitability.
See More
Dole plc to Participate in Upcoming Investor Conferences
- Investor Conference Schedule: Dole plc will participate in the Goldman Sachs Global Staples Forum on May 12, 2026, where management will engage in a fireside chat at 2:20 PM ET, showcasing the company's leadership in fresh produce.
- Multiple Conference Participation: Additionally, Dole plc will attend the BMO Global Farm to Market Conference on May 13, 2026, and the TD Cowen Future of the Consumer Conference on June 2, 2026, further expanding investor engagement opportunities.
- One-on-One Meeting Opportunities: Management will be available for one-on-one investor meetings at each conference, allowing investors to schedule discussions through their Goldman Sachs, BMO, and TD Cowen representatives, enhancing communication with stakeholders.
- Live Webcast and Replays: The fireside chats will be available as live webcasts on Dole plc's Investor Relations website, with archived replays accessible shortly after the events, ensuring that investors who cannot attend live can still access the information.
See More
Dole plc to Announce Q1 2026 Financial Results on May 11
- Earnings Announcement Schedule: Dole plc will announce its Q1 2026 financial results on May 11, 2026, prior to market opening, reflecting the company's performance in the global fresh produce market.
- Webcast Meeting: At 08:00 a.m. Eastern Time on the same day, the company's management will host a live webcast to provide detailed insights into the financial results, enhancing investor understanding of the company's performance.
- Information Release Channels: Following the earnings announcement, a presentation, press release, and supplemental financial information will be uploaded to the company website, ensuring investors have timely access to the latest information.
- Global Business Overview: Dole plc is a global leader in fresh produce, dedicated to providing a diverse range of fruits and vegetables in over 85 countries, aiming to enhance global health and sustainability.
See More
