secwatch.observer — SEC 8-K summary
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Issuer:     STEPAN CO (SCL)
CIK:        0000094049
Form:       8-K
Filed at:   2022-02-17T23:59:59+00:00
Accession:  0001564590-22-005451
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Stepan reports Q4 net income down 44% YoY; record full year 2021 earnings
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- Q4 net income $17.0M ($0.73 diluted EPS) vs $30.4M ($1.30) prior year; adjusted EPS $0.97 vs $1.42.
- Record full year net income $137.8M ($5.92 EPS) up 9% YoY; adjusted net income $143.5M ($6.16) up 8%.
- Q4 net sales $610M (+23% YoY); full year $2.35B (+25%) on higher selling prices and volume.
- Surfactant op income -25% in Q4, Polymer -44%; supply chain disruptions cost $7M in Q4, $21M for full year.
- Board declared $0.335/share quarterly dividend (+$0.03 from prior), payable March 15; 54th consecutive annual increase.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/94049/000156459022005451/0001564590-22-005451-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/94049/000156459022005451/scl-8k_20220217.htm
  HTML page:      https://secwatch.observer/filing/0001564590-22-005451

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