Fruit giant Dole’s profit rises but warns of higher costs from Middle East conflict
🔴 Tension RisingThe Irish Times2026-05-11
Dole warned of higher costs in the second quarter due to the Middle East conflict, particularly impacting its fresh fruit business. Despite a robust start with revenue up 11.6%, driven by health trends and consumer demand, the company anticipates increased shipping and fuel costs. This reflects the broader economic impact of the conflict and potential disruptions to global supply chains.