SCL Stepan RESULTS: Q2, Q2 sales $684.109M, Q2 Net Income $22.911M, Q2 Operating Income $37.21M, Q2 ADJ Net Income $27.052M, Q2 EPS $1, Q2 A

SCL Stepan RESULTS: Q2, Q2 sales $684.109M, Q2 Net Income $22.911M, Q2 Operating Income $37.21M, Q2 ADJ Net Income $27.052M, Q2 EPS $1, Q2 ADJ EPS $1.18, Stepan Earnings Notes:, To reduce its global salaried workforce by approximately 100 positions, Anticipates FY restructuring charges of $75-$80M; cash impact $14-$18M, Quarter benefited from customer pre-buys as a result of global geopolitical situation