secwatch.observer — SEC 8-K summary
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Issuer:     DOW INC. (DOW)
CIK:        0001751788
Form:       8-K
Filed at:   2023-01-26T23:59:59+00:00
Accession:  0001751788-23-000004
Event type: earnings
Sentiment:  negative
Materiality: 0.78
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Dow Q4 2022 GAAP EPS $0.85, operating EPS $0.46; net sales down 17% YoY to $11.9B
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- GAAP net income $647M vs $1.76B YoY; operating EBIT $601M vs $2.265B.
- Packaging & Specialty Plastics Op. EBIT $655M (-$787M YoY); Industrial Intermediates & Infra $164M.
- Cash from ops $2.1B; returned $620M to shareholders ($495M dividends, $125M buybacks).
- Full-year 2022 net sales $56.9B vs $55B; GAAP net income $4.6B vs $6.4B in 2021.
- Expects $1B in cost savings from actions on labor, purchased services, turnaround spending.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1751788/000175178823000004/0001751788-23-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1751788/000175178823000004/dow-20230126.htm
  HTML page:      https://secwatch.observer/filing/0001751788-23-000004

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