Saturday, January 21, 2023

Corteva Had an Exceptionally High +13% Pricing Component of Its Net Sales % Change in Its Most Recent Sept 2022 Quarter That Was 13 Times Its +1% Higher Pricing That It Had in the Five-Quarters-Ago June 2021 Quarter

Corteva's CEO elected to raise its prices dramatically on its products in its most recent five quarters.

From its six most recent Quarterly Earnings Releases and its 10-Qs filed with the US SEC, here are the Higher Pricing Components of Net Sales % Changes for the most recent six quarters: 

  • Sept 22 Quarter +13% (Wow!)
  • June 22 Quarter +9% (Wow!)
  • March 22 Quarter +9% (Wow!)
  • Dec 21 Quarter+8% (Wow!)
  • Sept 21 Quarter +7% (Wow!)
  • June 21 Quarter +1%