#dow

#dow

DOW trimmed its dividend by half following disappointing earnings results, with revenue falling short of expectations and missing on both EPS and operating EBIT. As a result, overall sales dropped 6%, impacted by import pressures from China and subsequent delays. Furthermore, weakened seasonal demand and a lingering oversupply contributed to a negative free cash flow of $1.13 billion. The shift towards equity joint venture losses continues to impact performance significantly.