Financials & Economy

The payment follows a second quarter in which revenue rose 5% to US$981 million, while orders reached US$1.03 billion.

The food giant is increasing investments to $700 million as it targets improved sales performance and earnings under CEO Steve Cahillane’s turnaround strategy.

In July, combined air cargo tonnages from China and Hong Kong to Europe fell 9% from June and 12% year-on-year.

Dole is targeting full-year adjusted EBITDA of approximately US$400 million for 2026.

The company is concentrating on premium, high-value fruit categories with strong growth potential in international markets.