The Dow Chemical Company (DOW) reported that its first-quarter net income to stockholders rose to $550 million or $0.46 per share, from $412 million or $0.35 per share last year. Net income to stockholders excluding certain items was $819 million or $0.69 per share, compared to $714 million or $0.61 per share last year.
Sales were $14.38 billion, down 2 percent from $14.72 billion last year, but were flat excluding the impact of the company's Feedstocks and Energy operating segment. Agricultural Sciences sales rose 14 percent, surpassing $2 billion, due to accelerated new product sales, the company said.
Research and Development expenses were up 7 percent from last year, reflecting continued investments in Dow's technology-driven segments, particularly Agricultural Sciences. Selling, General and Administrative expenses rose 9 percent from the year-ago period, led by increased investments in Agricultural Sciences.
On average, 16 analysts polled by Thomson Reuters expected the company to report profit of $0.61 per share for the quarter. Analysts' estimates typically exclude special items. Analysts expected revenue of $14.88 billion for the quarter.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.