Dole plc: Bullish Thesis on Global Fresh Produce Leader

Dole plc (DOLE) is a global fruit and vegetable producer and distributor with a vertically integrated model, owning facilities, land, vessels, and packing houses. The company is managed by the McCann family, with a 20-year track record from Total Produce, and projects $385 million in EBITDA for the current year, translating to $180 million in free cash flow. Compared to peers, Dole appears attractively valued, with potential for strategic and operational catalysts to drive future rerating.