Dow Inc (NYSE:DOW) shares are trading lower after the company reported second-quarter FY24 results. Sales declined 4% Y/Y to $10.9 billion, missing the consensus of $11.01 billion. Sales were up 1% sequentially, led by gains in Performance Materials & Coatings and Packaging & Specialty Plastics. Adjusted EPS was $0.68, missing the consensus of $0.72. Local price fell 4% Y/Y. Sequentially, local prices rose 1% Y/Y, aided by gains in Europe, the Middle East, Africa, and India (EMEAI). Volume increased by 1% Y/Y, reflecting led by the U.S. & Canada. Operating EBIT declined to $819 million from $885 million a year ago, while the margin contracted by 20 bps to 7.5%  for the quarter. Segment: Packaging & Specialty Plastics sales decreased 7% Y/Y to $5.5 billion, and the operating EBIT margin of 12.7% was down by 280 ...