secwatch.observer — SEC 8-K summary
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Issuer:     DuPont de Nemours, Inc. (DD)
CIK:        0001666700
Form:       8-K
Filed at:   2024-01-24T23:59:59+00:00
Accession:  0001666700-24-000002
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

DuPont prelim Q4 GAAP loss up to $370M; $750-850M goodwill impairment
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- Preliminary Q4 GAAP loss $(370)-(220)M; GAAP EPS $(0.88)-(0.52); adj. EPS $0.85-$0.87.
- Non-cash goodwill impairment charge of $750-850M in Protection reporting unit included in GAAP ranges.
- Initial Q1 2024 outlook: net sales ~$2.8B, op. EBITDA ~$610M, adj. EPS $0.63-$0.65.
- Management cites continued destocking, weak China demand; expects sequential Q1 decline and H2 recovery.
- Full year 2023: net sales $12.07B, op. EBITDA $2.94B, adj. EPS $3.46-$3.48; cash from ops $2.19B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1666700/000166670024000002/0001666700-24-000002-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1666700/000166670024000002/dd-20240124.htm
  HTML page:      https://secwatch.observer/filing/0001666700-24-000002

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