{"schema_version":"secwatch.filing_event.v1","accession":"0000916540-23-000032","form_type":"8-K","ticker":"DAR","cik":"0000916540","company_name":"DARLING INGREDIENTS INC.","filed_at":"2023-10-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:32.392746+00:00","generated_at":"2026-06-09T09:28:13.532121+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Darling Ingredients cuts FY2023 EBITDA guidance to $1.6-$1.7B; cites DGD disruptions & hedge loss","bullets":["DGD joint venture volumes down due to 37-day outage from turnaround and minor fire at DGD 2 in St. Charles, La.","Extreme heating oil volatility caused sizeable hedge loss; D4 RIN sell-off and stagnant LCFS prices reduced DGD margins.","Darling core business Q3 slightly lower than Q2 but seasonally normal; fat prices improved late in quarter, gross margins solid.","Combined adjusted EBITDA for FY2023 expected between $1.6-$1.7 billion, reflecting Q3 headwinds.","Q4 outlook: core business to improve, DGD volumes and margins stronger; target leverage 2.5x by year-end 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0000916540-23-000032","json":"https://secwatch.observer/filing/0000916540-23-000032.json","markdown":"https://secwatch.observer/filing/0000916540-23-000032.md","text":"https://secwatch.observer/filing/0000916540-23-000032.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/916540/000091654023000032/0000916540-23-000032-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/916540/000091654023000032/dar-20231026.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T09:28:13.532121+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"853614698ff6447b72ea40383b793d824b0e1a8e","claim":"DARLING INGREDIENTS INC. updated its third quarter ended September 30, 2023 guidance (reaffirmed).","evidence_excerpt":"On October 26, 2023, Darling Ingredients Inc. (the “Company”) issued a press release on 2023 guidance and 2024 outlook.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/916540/000091654023000032/0000916540-23-000032-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter ended September 30, 2023"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"preliminary results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}