By Adriano Marchese

Dole logged a narrowed loss as performance across all its segments drove revenue growth in the fourth quarter.

The Dublin-based agricultural company on Wednesday recorded a net loss of $2.7 million, or 3 cents a share, compared with a wider loss of $39.1 million, or 41 cents a share, in the same quarter a year ago.

Adjusted earnings, which strips out exceptional costs and one-off items, were 14 cents a share. According to FactSet, analysts were expecting 13 cents a share.

Revenue rose 9.2% to $2.37 billion, coming in ahead of analyst forecasts of $2.32 billion.

Dole credited the increase to strong operational performance across its segments, as well as a foreign exchange benefit of $77.1 million. Fresh fruit revenue rose 6.7% to $874 million, largely due to selling more bananas, while diversified fresh produce from its Europe and Middle East region saw a near-13% increase to $1.03 billion.

Diversified fresh produce revenue rose 5% to $486.5 million.

Looking to the full year, Dole expects adjusted earnings before interest, taxes, depreciation and amortization of at least $400 million in 2026, with capital expenses of around $100 million.

The company said that it remains open to opportunities to strengthen the business and drive growth.

Write to Adriano Marchese at adriano.marchese@wsj.com

(END) Dow Jones Newswires

February 25, 2026 06:36 ET (11:36 GMT)

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