Dole shares drop after earnings fall short of expectations
IN THIS ARTICLE
- Agribusiness Topic
- Jorge Mercado Author
By Jorge Mercado Tuesday, May 24th, 2022
Shares of Westlake Village-based Dole slipped 11% during the trading day May 24, after the company reported its earnings for the first quarter of 2022. Dole highlighted a substantial growth in revenue that still lagged behind analysts’ expectations while the company’s net income slipped as well. Dole, one of the largest fruit and vegetable producers…