secwatch.observer — SEC 8-K summary
======================================

Issuer:     Chemours Co (CC)
CIK:        0001627223
Form:       8-K
Filed at:   2023-02-09T23:59:59+00:00
Accession:  0000950170-23-002368
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Chemours posts Q4 net loss $97M; guides FY23 Adj. EBITDA $1.20-1.30B
--------------------------------------------------------------------

- Q4 net sales $1.3B down 15% YoY; net loss $97M ($0.65 loss per share) vs prior-year profit.
- Full year 2022 net sales $6.8B +7%; adjusted EBITDA $1,361M +4%; free cash flow $447M.
- Full year 2023 guidance: adjusted EBITDA $1.20-1.30B, adjusted EPS $3.80-4.29, FCF >$350M.
- Board approved Q1 dividend $0.25 per share; $495M of stock repurchased in 2022.
- Announced $200M Nafion expansion investment in Villers-St.-Paul, France.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1627223/000095017023002368/0000950170-23-002368-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1627223/000095017023002368/cc-20230209.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-002368

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