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DOLE
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Dole plc Reports Fourth Quarter and Full Year 2024 Financial Results

1. Dole's Q4 revenue rose 4.6%, but net loss reached $31.6 million. 2. Loss attributed to a non-cash write-down in Fresh Vegetables segment.

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$14.0502/26 06:14 AM EDTEvent Start
$14.55502/27 12:03 PM EDTLatest Updated
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FAQ

Why Bearish?

The significant net loss may negatively affect investor confidence, reminiscent of past underperformances that led to stock price declines.

How important is it?

The loss and revenue increase are critical for assessing DOLE's future performance, potentially influencing stock movement.

Why Short Term?

Investors may react immediately to Q4 losses, impacting DOLE's stock price today, but following quarters may offer recovery opportunities.

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DUBLIN--(BUSINESS WIRE)--Dole plc (NYSE: DOLE) ("Dole" or the "Group" or the "Company") today released its financial results for the three months and year ended December 31, 2024. Highlights for the quarter ended December 31, 2024: Strong fourth quarter operational performance for the Group Revenue of $2.2 billion, an increase of 4.6% (an increase of 10.1% on a like-for-like basis1) Net Loss of $31.6 million, primarily due to a non-cash write-down of the carrying value of the Fresh Vegetables d.

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