NYSE:ASH
NYSE:ASHChemicals

How Investors Are Reacting To Ashland (ASH) Goodwill Impairment and Lowered Full-Year Outlook

Ashland Inc. recently reported third-quarter results reflecting a sharp drop in sales to US$463 million and a net loss of US$742 million, mainly driven by a US$706 million non-cash goodwill impairment charge. This significant write-down and lower sales prompted Ashland to update its full-year guidance toward the lower end of its projected sales range, highlighting ongoing headwinds and elevated uncertainty in its core markets. We'll examine how the substantial goodwill impairment highlights...