Tuesday, May 2, 2023

DuPont Q1 Profit Down, Cuts FY23 View; To Buy Spectrum Plastics; Stock Down In Premarket

DuPont De Nemours & Co. (DD) reported Tuesday that its first-quarter profit declined from last year with weak net sales. Further, the company projects sequentially flat adjusted earnings and net sales in the second quarter. The company also adjusted fiscal 2023 outlook to reflect the delay in electronics recovery.

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