secwatch.observer — SEC 8-K summary
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Issuer:     DuPont de Nemours, Inc. (DD)
CIK:        0001666700
Form:       8-K
Filed at:   2023-05-02T23:59:59+00:00
Accession:  0001666700-23-000057
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

DuPont Q1 adj EPS $0.84 meets; cuts FY outlook; to buy Spectrum Plastics
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- Q1 net sales $3.02B, down 8% YoY; organic sales -3% (volume -7%, price +4%).
- GAAP EPS from cont ops $0.58 vs $0.42; operating EBITDA $714M -13%; adj EPS $0.84 vs $0.82.
- Electronics & Industrial sales -16% organic -13%; Water & Protection +1% organic +4%.
- FY 2023 outlook: net sales $12.3-$12.5B, op EBITDA $3.0-$3.1B, adj EPS $3.55-$3.70; high-end reduced.
- Announced acquisition of Spectrum Plastics Group (medical components) for expected close by Q3 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1666700/000166670023000057/0001666700-23-000057-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1666700/000166670023000057/dd-20230502.htm
  HTML page:      https://secwatch.observer/filing/0001666700-23-000057

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