Case Background:
This is a federal securities fraud class action lawsuit on behalf of those who purchased or otherwise acquired Dow Inc. ("Dow") (NYSE: DOW) securities between January 30, 2025 and July 23, 2025, inclusive (the “Class Period”).
The Class Period begins on January 30, 2025, when Dow issued a press release during pre-market hours reporting its financial results for the fourth quarter of 2024. Specifically, Dow stated that “Despite persistently weak macroeconomic conditions, Team Dow delivered our fifth consecutive quarter of [Y/Y] volume growth, leveraging our cost-advantaged footprint to capture resilient demand for high-value applications,” and that Dow remained “confident that Dow will benefit from the completion of our near-term incremental growth projects and an enhanced focus on operational discipline in 2025.”
On a related conference call held that same day, Dow continued to tout its ability to “deliver . . . [Y/Y] volume growth despite continued weak macroeconomic conditions” and ultimately “foster a sustainable future, achieve long-term profitable growth, and enhance shareholder returns.” Likewise, Dow touted its “near-term growth investments” that “will enable improved underlying earnings and margins across the cycle,” and downplayed concerns with demand and sales across Dow’s various markets notwithstanding deteriorating macroeconomic conditions and headwinds.
Then, on July 24, 2025, Dow issued a press release reporting its financial results for the second quarter of 2025. Therein, Dow reported a non-GAAP loss per share of $0.42, significantly larger than the approximate $0.17 to $0.18 per share loss expected by analysts. Dow also reported net sales of $10.1 billion, representing a 7.3% year-over-year decline and missing consensus estimates by $130 million, "reflecting declines in all operating segments." Dow further reported, among other things, that "[s]equentially, net sales were down 3%, as seasonally higher demand in Performance Materials & Coatings was more than offset by declines across the other operating segments." Dow blamed these disappointing results on "the lower-for-longer earnings environment that our industry is facing, amplified by recent trade and tariff uncertainties," while providing a dour outlook marked by "signs of oversupply from newer market entrants who are exporting to various regions at anti-competitive economics."
Current Status of Case:
On October 28, 2025, Motions to Appoint Lead Plaintiffs and Lead Counsel were filed. This action is ongoing.
If you wish to discuss this action or have any questions, please contact Kessler Topaz Meltzer & Check, LLP: Jon Naji, Esq. (484) 270-1453; toll-free at (844) 887-9500; or via e-mail at info@ktmc.com. If you would like additional information about the suit, please click on the link "Submit Your Information" above and fill out the form as promptly as possible.