Dow Inc. reported strong second-quarter 2026 financial results, beating Wall Street expectations. The company posted an adjusted profit of $1.44 per share, significantly higher than the analyst consensus estimate of $1.28 per share. Net sales for the quarter reached $12.1 billion, a 20% increase from the previous year, with growth across all operating segments.
The positive results were largely driven by higher prices, particularly for polyethylene, which saw increased demand amid global supply shocks. The Packaging & Specialty Plastics division was a standout performer, with net sales rising 27% to $6.4 billion. The company also benefited from its cost-cutting measures, which are delivering ahead of schedule.
In response to the strong performance, Dow's shares rose 2.4% in premarket trading. Looking forward, CEO Karen S. Carter announced that the company is increasing its target for in-year benefits from its "Transform to Outperform" program, expecting self-help initiatives to deliver over $1.3 billion in savings.