Dole's revenue growth was offset by a 14.8% decline in Adjusted EBITDA, as rising fruit sourcing and logistics costs pressured margins despite strong performance in the Americas & ROW segment.
Dole's Q2 2026 results show revenue growth but margin pressure from fruit sourcing costs, leading to cautious outlook.
Dole plc reported a mixed second quarter for 2026, with revenue rising to $2.499 billion while Adjusted EBITDA fell 14.8% to $116.8 million. The company faced significant margin compression in its Fresh Fruit segment due to elevated sourcing, shipping, and fuel costs, alongside adverse weather impacts on pineapple volumes.
The decline was primarily driven by higher fruit sourcing costs, elevated shipping and fuel expenses, and adverse weather conditions that reduced pineapple volumes.