Dole (DOLE) Investor presentation summary

Investment profile

• 2025 revenue was $9.2bn, with the business approximately 1.5x the size of its nearest competitor by revenue.

• 2025 revenue mix: Diversified Americas 43%, Diversified EMEA 39% and Fresh Fruit 18%; adjusted EBITDA mix was 14%, 48% and 38%, respectively.

• Fresh-produce demand tailwinds include health and wellness, convenience and nutrient-dense foods; 58% of surveyed consumers said healthy nutrition had become more important over the prior five years.

Global assets and sourcing

• Asset base included 250+ facilities, ~160 marketplace and distribution operations, ~75 packhouses, 13 owned vessels and ~32,000 people; total asset value was $4.5bn.

• Own production covered ~110,000 acres, primarily in tropical produce sourcing countries across Central and South America.

• The tropical shipping network included 13 owned vessels and one chartered vessel; the owned fleet was described as the world’s largest dedicated refrigerated containerized fleet.

• Multi-continental sourcing, supplier relationships and marketplace operations supported sales across more than 85 countries.

Product portfolio and market position

• FY25 sales by category included bananas 40%, deciduous fruit 10%, vegetables 7%, berries 6% and citrus 5%; retail represented 57% of sales channels and wholesale 34%.

• Leadership positions included bananas and pineapples in North America, grapes and kiwis in Europe, and global exporting of avocados.

• U.S. consumer brand awareness was 89%, with the brand positioned as the most recognized and trusted fresh fruit and vegetable brand in the U.S.

• Innovation priorities included consumer-led new product development and category expansion, supported by strategic partnerships.