Aug. 11 at 11:34 AM
$DOLE
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Very strong performance for the second quarter, with growth across all Continuing Operations1 segments
Revenue of
$2.4 billion, an increase of 14.3% (an increase of 12.1% on a like-for-like basis2)
Net Income decreased to
$18.0 million, primarily due to a loss in the Fresh Vegetables division
Adjusted EBITDA3 of
$137.1 million, an increase of 9.3% (an increase of 7.2% on a like-for-like basis)
Adjusted Net Income3 increased 13.0% to
$53.2 million and Adjusted Diluted EPS3 increased 12.2% to
$0.55
Post quarter end, successfully completed sale of Fresh Vegetables division to Arable Capital Partners for approximately
$140.0 million
