v3.25.2
SEGMENTS (Tables)
6 Months Ended
Jun. 30, 2025
Segment Reporting [Abstract]  
Schedule of Sales and Adjusted EBITDA by Reportable Segment
Three Months EndedSix Months Ended
June 30,
2025
June 30,
2024
June 30,
2025
June 30,
2024
Segment Revenue:(U.S. Dollars in thousands)
Fresh Fruit$972,591 $851,451 $1,850,736 $1,675,680 
Diversified Fresh Produce — EMEA1,100,797 944,851 1,992,884 1,798,449 
Diversified Fresh Produce — Americas & ROW386,348 356,057 749,761 832,939 
Total segment revenue2,459,736 2,152,359 4,593,381 4,307,068 
Intersegment revenue(31,309)(28,268)(65,550)(61,603)
Total consolidated revenue, net$2,428,427 $2,124,091 $4,527,831 $4,245,465 
Segment Adjusted EBITDA:1
Fresh Fruit$72,756 $70,619 $136,087 $140,054 
Diversified Fresh Produce – EMEA48,984 42,695 76,644 68,654 
Diversified Fresh Produce – Americas & ROW15,378 12,107 29,209 26,812 
Adjustments:
Income tax expense(25,504)(25,460)(43,082)(59,861)
Interest expense(17,516)(18,788)(34,698)(36,736)
Depreciation(26,496)(22,388)(51,309)(44,236)
Amortization of intangible assets(1,737)(1,886)(3,468)(4,159)
Mark to market (losses) gains(17,153)2,214 (23,069)5,084 
Gain (loss) on asset sales8,737 — 11,178 (31)
Gain on disposal of businesses48 1,995 409 75,945 
Impairment of goodwill— — — (36,684)
Asset write-downs, net of insurance proceeds3,617 (147)3,617 1,699 
Other items(3,190)73 (3,284)27 
Items in equity method earnings:
Dole’s share of depreciation(1,793)(1,491)(3,460)(3,471)
Dole’s share of amortization(131)(550)(357)(1,103)
Dole’s share of income tax expense(2,263)(1,694)(3,430)(2,261)
Dole’s share of interest expense(917)(911)(1,708)(1,861)
Dole’s share of gain on disposal of business interests(4)— 7,679 — 
Dole’s share of other items123 (341)110 (338)
Income from continuing operations52,939 56,047 97,068 127,534 
Gain (loss) from discontinued operations, net of income taxes(34,950)32,018 (34,920)25,967 
Net income$17,989 $88,065 $62,148 $153,501