Dole plc (NYSE: DOLE)

Dole plc is a global leader in the production, sourcing, distribution, and marketing of fresh fruits and vegetables. The company operates in the fresh produce industry, offering a portfolio of over 300 products sourced from more than 100 countries. As of December 31, 2025, Dole plc operates in 30 countries and distributes its products in over 85 countries through various channels, including retail, wholesale, foodservice, and e-commerce. The company's products are marketed under both business-to-business and business-to-consumer brands, with the iconic DOLE® brand being the most recognized and trusted for fresh fruit and vegetables in the United States.

Dole plc generates revenue through the sale of its diverse range of fresh produce, including bananas, pineapples, plantains, avocados, kiwis, apples, berries, cherries, and organic produce. The company's revenue streams also include logistics solutions, such as its commercial cargo business, which offers available capacity to transport third-party cargo on company-owned vessels. Dole plc's customer base is broad and global, encompassing leading grocery stores, wholesalers, mass merchandisers, supercenters, foodservice operators, club stores, convenience stores, distributors, and smaller regional customers. These customers are primarily located in North America, Latin America, and Europe, with no single customer contributing more than 10% of total sales in fiscal year 2025.

• Fresh Fruit: This segment focuses on the production and distribution of bananas, pineapples, and plantains. Dole plc sources these products from both Dole-owned and leased farms, as well as from independent growers, primarily located in Latin America. Approximately one-third of the bananas marketed and 75% of the pineapples are sourced from Dole plc's own production. The segment also operates a commercial cargo business, offering transportation services for third-party cargo on company-owned vessels. The products are sold throughout North America, Europe, Latin America, and Asia.

• Diversified Fresh Produce – Europe, the Middle East and Africa (EMEA): This segment includes businesses in Ireland, the Netherlands, Spain, Portugal, France, Italy, the United Kingdom, Sweden, Denmark, South Africa, Czech Republic, Slovakia, Poland, Germany, and Brazil. The majority of these businesses sell a variety of imported and local fresh fruits and vegetables through retail, wholesale, foodservice, and e-commerce channels across Europe. In many European territories, Dole plc operates a partnership model with grocery retail customers, offering holistic fresh produce management solutions and, in some cases, managing entire categories within customer stores.

• Diversified Fresh Produce – Americas and the Rest of the World (Americas & ROW): This segment covers businesses in the United States, Canada, Mexico, Chile, Peru, and Argentina. Dole plc markets globally and locally sourced fresh produce, including avocados, kiwis, apples, berries, and cherries. The segment's operations range from primary production to wholesale, retail-oriented marketing, and specialist businesses dedicated to specific product lines or categories.

Dole plc holds a strong position within the fresh produce industry, being one of the world's largest producers and distributors of fresh bananas and pineapples, and a major global exporter of grapes. The company's competitive advantages include its vertically integrated business model, which allows for operational efficiencies and consistent product availability. Dole plc's extensive strategic asset base worldwide grants it superior control over production, processing, warehousing, and transportation. The company's strong control over the supply chain enables it to consistently and efficiently deliver premium fresh fruits and vegetables to consumers across the globe. Additionally, the DOLE® brand is widely recognized and trusted, with high consumer awareness and preference, further strengthening Dole plc's market position.

Dole plc's customer base is diverse and global, including leading grocery stores, wholesalers, mass merchandisers, supercenters, foodservice operators, club stores, convenience stores, distributors, and smaller regional customers. These customers are primarily located in North America, Latin America, and Europe, with no single customer contributing more than 10% of total sales in fiscal year 2025. The company's broad customer base and global distribution network underscore its significant market presence and reach within the fresh produce industry.