secwatch.observer — SEC 8-K summary
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Issuer:     DARLING INGREDIENTS INC. (DAR)
CIK:        0000916540
Form:       8-K
Filed at:   2023-08-08T23:59:59+00:00
Accession:  0000916540-23-000029
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Darling Ingredients Q2 net income $252.4M, EPS $1.55, record combined EBITDA $508.3M
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- Net sales $1.8B up from $1.7B YoY; GAAP EPS $1.55 vs $1.23.
- Combined adjusted EBITDA $508.3M, record; $526.8M excl Gelnex inventory impact.
- DGD sold record 387.8M gallons renewable diesel at $1.28/gal EBITDA.
- Received $101.4M dividends from DGD in Q2, plus $62.2M post-quarter.
- Reaffirmed FY 2023 combined adjusted EBITDA guidance at $1.875B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/916540/000091654023000029/0000916540-23-000029-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/916540/000091654023000029/dar-20230808.htm
  HTML page:      https://secwatch.observer/filing/0000916540-23-000029

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer