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Dow's New CEO Carter Delivers Best Quarterly Profit in 4 Years in Debut Earnings

Fortune ·

DOW
DOW Dow Inc
$30.09 -1.18%
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  1. 1Dow's (DOW) newly appointed CEO Karen Carter, who took office on July 1, posted the most profitable quarter in four years in her first earnings report
  2. 2Net income of $802 million and net sales up 20% were supported by improved North American petrochemical margins amid the Iran war and high oil prices
  3. 3Full-year guidance was cautious due to Middle East uncertainty, the stock edged lower, and restructuring efforts including 4,500 layoffs continue

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