财务数据和关键指标变化 - 集团报告营收较上年增长1%按可比口径增长5.8% [5] - 调整后EBITDA为8200万美元按可比口径较上年增长2.3% [5] - 调整后EBITDA减少370万美元或3.1%主要受新鲜水果和多元化EMEA部门减少部分被多元化美洲部门强劲表现抵消 [12] - 按可比口径调整后EBITDA增加190万美元或2.3% [12] - 利息费用较上年减少500万美元 [12] - 所得税增加 [12] - 2024年第三季度净收入2150万美元较2023年第三季度减少3250万美元 [13] - 调整后净收入1800万美元调整后稀释每股收益0.19美元较上年减少主要由于调整后EBITDA较低和所得税费用较高部分被较低利息费用抵消 [13] - 杠杆率在本季度进一步降至1.86倍 [17] - 运营活动提供的净现金为1.062亿美元 [17] - 现金资本支出2110万美元预计全年资本支出1.3 - 1.4亿美元 [18] - 预计全年利息费用约7500万美元 [18] 各条业务线数据和关键指标变化 新鲜水果业务 - 调整后EBITDA为4290万美元较上年小幅下降但高于预期 [6] - 营收增长6.6%主要由于香蕉全球销量和价格上升部分被菠萝全球销量价格及大蕉销量下降抵消 [14] - 调整后EBITDA本季度因停航相关成本下降但由于营收增长结果高于预期 [14] 多元化EMEA业务 - 营收增长510万美元受爱尔兰英国和荷兰强劲表现以及1360万美元外汇影响和180万美元收购积极影响推动按可比口径营收增长3.3% [15] - 调整后EBITDA下降13.1%按可比口径下降14.5%主要由于英国一次性IT费用较高以及西班牙和南非临时供应问题和季节性时间差异 [15] 多元化美洲业务 - 按可比口径营收增长7.2%主要由于北美大多数商品的数量和价格增长 [16] - 调整后EBITDA增加360万美元主要由于北美浆果业务表现改善牛油果利润率提高以及北美大多数商品营收增长部分被Progressive Produce处置抵消按可比口径较上年增加920万美元 [16] 新鲜蔬菜业务 - 运营收入持续改善有望在2024年每个季度实现正运营收入 [10] 各个市场数据和关键指标变化 - 北美市场香蕉销量增加价格较好但受停航影响航运成本较高 [6] - 欧洲市场香蕉销量增加航运成本较低 [6] - 行业内香蕉和菠萝供应紧张导致采购成本上升但某些市场有积极定价趋势 [7] 公司战略和发展方向和行业竞争 - 2025年初通过购买协议将两艘租船纳入自有船队战略上为美国东海岸业务增加第二项服务 [8] - 积极探索新鲜蔬菜业务的战略替代方案 [10] - 继续专注于资本分配和管理杠杆率 [17] - 保持对所有投资活动的纪律性方法同时确保有能力执行战略目标和机会 [20] 管理层对经营环境和未来前景的评论 - 对2024年全年调整后EBITDA目标提高至至少3.8亿美元 [20] - 尽管航运成本上升但对3.8亿美元的目标有信心 [24] - 多元化美洲业务已重新定位尽管可能存在波动但今年表现非常强劲 [26] - 新鲜水果业务预计第四季度会有一些好处但不如去年强劲因航运成本较高和水果成本上升等因素 [32] - 新纳入的两艘船将有助于满足北美零售商服务水平要求并在未来几年处于有利的增长地位 [33] 问答环节所有的提问和回答 问题: 全年EBITDA目标至少3.8亿美元意味着第四季度可能下降18%低端情况能否详细说明新鲜水果和多元化业务在第四季度的影响因素 - 上半年权重可能高于下半年且出售Progressive影响Q4和全年EBITDA 2500万美元汇率波动航运成本上升但仍对目标有信心 [24] 问题: 多元化美洲业务盈利能力今年迄今显著强劲多少是真正的内在实力多少是季节性因素2025年农历新年提前两周是否会对智利樱桃第四季度有积极影响 - 该业务过去受供应链和物流干扰影响严重现在已稳定且进行了很多改进工作拥有一定产量可能存在波动但今年表现确实强劲农历新年影响更多是2025年的动态 [26] 问题: 是否可以预期第四季度樱桃季节更正常化以及2025年第一季度多元化美洲和世界其他地区的盈利能力和收入更正常化 - 从樱桃产量看Q1可能会正常化 [30] 问题: 新鲜水果业务在欧洲和北美销量超预期的供应和需求因素是什么是否可以预期第四季度在盈利能力和收入方面连续保持稳定 - 香蕉需求良好受有机香蕉和普通香蕉驱动供应因天气事件紧张但对核心市场影响不大预计第四季度会有一些好处但不如去年因航运成本和水果成本等因素 [32] 问题: 2025年初纳入的两艘船除了灵活性之外的增长潜力能否详细说明 - 额外的运力将有助于增长可能在哥伦比亚牛油果等方面有发展但尚未确定具体数字运力确定性有助于满足零售商要求并在未来几年处于有利增长地位 [33]

业绩总结 - Q3'24的收入为20.62亿美元，同比增长1.0%，按同类基础（LFL）计算增长5.8%[6] - Q3'24的调整后EBITDA为8210万美元，同比下降3.7%，按同类基础（LFL）计算增长2.3%[6] - Q3'24的调整后稀释每股收益（EPS）为0.19美元，同比下降20.8%[6] - 前9个月的收入为63.08亿美元，同比增长2.2%，调整后EBITDA为3.18亿美元，同比增长3.0%[11] - 净收入为2150万美元，同比下降60.3%[11] - 净收入归属于Dole plc为1440万美元，同比下降68.5%[11] 用户数据 - 新鲜水果部门的收入为7.99亿美元，同比增长6.6%，调整后EBITDA为4290万美元，同比下降4.9%[12] - 多样化新鲜农产品EMEA部门的收入为9.00亿美元，同比增长5.1%，调整后EBITDA为3040万美元，同比下降13.4%[15] - 多样化新鲜农产品美洲及其他地区的收入为3.90亿美元，同比下降17.0%，调整后EBITDA为880万美元，同比增长70.7%[19] 财务状况 - 截至2024年9月底，净债务与LTM调整后EBITDA的比率为1.86倍[6] - Q3'24总负债为992.6百万美元，较Q3'23的1,144.6百万美元减少13.3%[22] - Q3'24净债务为732.0百万美元，较Q3'23的927.1百万美元减少21.0%[22] - Q3'24现金及现金等价物为260.6百万美元，较Q3'23的217.5百万美元增加19.8%[22] - Q3'24净杠杆率为1.86倍，较Q3'23的2.64倍显著改善[23] - Q3'24利息支出约为17.5百万美元[37] 未来展望 - FY'24调整后EBITDA目标为3.8亿美元[27] - FY'24资本支出预期在1.3亿至1.4亿美元之间[27] 其他信息 - Q3'24资本支出为21.1百万美元，YTD'24为56.8百万美元[23] - 2024年第三季度的外汇影响为12,665千美元，收购和剥离的影响为(110,857)千美元[40] - 2024年第三季度的同类销售增长为117,934千美元，显示出公司在市场上的稳定表现[40]

Dole (DOLE) came out with quarterly earnings of $0.19 per share, missing the Zacks Consensus Estimate of $0.20 per share. This compares to earnings of $0.24 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -5%. A quarter ago, it was expected that this fresh fruit and vegetable company would post earnings of $0.41 per share when it actually produced earnings of $0.49, delivering a surprise of 19.51%.Over the last four quarters, ...

Investors with an interest in Agriculture - Operations stocks have likely encountered both Dole (DOLE) and Limoneira (LMNR) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out. There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The proven Zacks Rank puts an emphasis on earnings estimat ...

Investors interested in Agriculture - Operations stocks are likely familiar with Dole (DOLE) and Limoneira (LMNR) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look. We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The proven Zacks Rank puts an emphasis on earnings estimates and estimate revisions, while our Style Score ...

The Consumer Staples group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Dole (DOLE) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Consumer Staples sector should help us answer this question. Dole is a member of our Consumer Staples group, which includes 184 different companies and currently sits at #9 in the Zacks Sector Rank. The Zacks Sector Rank gauge ...

Small deep value individual investor, with a modest private investment portfolio, split approx. 50%-50% between shares and call options. I have a B.Sc. in aeronautical engineering and over 6 years of experience as an engineering consultant in the aerospace sector. The latter statement is not relevant in any way whatsoever to my investment style, but I thought to add it for self-indulgent purposes. I have a contrarian investment style, highly risky, and often dealing with illiquid options. How illiquid? Well ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Whi ...

September is living up to its connotation of being the most volatile month for the stock market but Dole (DOLE) and Pilgrim's Pride (PPC) are two consumer food stocks that may be able to offer defensive safety in the portfolio. Both consumer staples companies have landed spots on the Zacks Rank #1 (Strong Buy) list. Even better, in addition to having an "A" Zacks Style Scores grade for Value they have beta ratios under 1.0, suggesting they should be less volatile than the broader market. Dole is a Leading F ...

Have you been paying attention to shares of Dole (DOLE) ? Shares have been on the move with the stock up 10.6% over the past month. The stock hit a new 52-week high of $16.3 in the previous session. Dole has gained 32.1% since the start of the year compared to the 9.6% move for the Zacks Consumer Staples sector and the -10.5% return for the Zacks Agriculture - Operations industry. What's Driving the Outperformance? The stock has an impressive record of positive earnings surprises, as it hasn't missed our ea ...