DOLE - Dole's Q1 Bottom-Line Beats Street View Thanks To Higher Banana Pineapple Volumes | Benzinga
Dole PLC (NYSE:DOLE) reported first-quarter FY24 sales growth of 6.6% year-on-year to $2.12 billion, meeting the analyst consensus estimate.
The revenue increase is due to strong operational performance across all segments and a $12.8 million favorable impact of foreign currency translation.
Fresh Fruit revenue increased 3.2%, primarily due to higher worldwide volumes of bananas and pineapples sold and an increase in pineapple pricing, offset in part by lower worldwide pricing for bananas.
Gross profit ...