Dow Q3 Net Sales Rise to $11.27 Billion on Higher Polyethylene Prices; Shares Up 2.9% Pre-Market
Dow Inc. (DOW) reported higher third-quarter net sales and net income for fiscal 2026, driven by improved performance across all segments and higher prices. Net income for the period ended September 30 was $458 million, or $0.62 per share, versus $62 million, or $0.08 per share, a year earlier. Local prices rose 14% year over year, led by packaging and specialty plastics, with higher polyethylene prices in all regions. Net sales totaled $11.267 billion, up from $9.973 billion. The packaging and specialty plastics segment posted net sales of $5.778 billion, compared with $4.891 billion. Excluding items, operating results were positive $521 million, or $0.71 per share, compared with negative $132 million, or $0.19 per share, in the prior year. Operating EBIT surged to $887 million from $180 million, and operating EBITDA rose to $1.553 billion from $868 million. DOW was up 2.88% at $31.29 in pre-market trade on the New York Stock Exchange.