secwatch.observer — SEC 8-K summary
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Issuer:     KOSS CORP (KOSS)
CIK:        0000056701
Form:       8-K
Filed at:   2022-02-03T23:59:59+00:00
Accession:  0000056701-22-000004
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Koss Q2 sales down 10.4% to $4.42M; EPS $0.06; CFO transition to Schulte
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- Q2 sales $4.42M, down 10.4% YoY; net income $578,969 vs $508,890; diluted EPS $0.06 vs $0.07.
- Six-month sales $8.78M, down 13.4% YoY; net income $479,610 vs $635,819; EPS $0.05 vs $0.09.
- CEO cites lower US distributor sales and loss of mass retail; DTC growth and supply chain disruptions offset.
- Kim Schulte (VP of Finance since Nov 2021) appointed CFO and Corporate Secretary effective Feb 28, 2022; salary $220k.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/56701/000005670122000004/0000056701-22-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/56701/000005670122000004/koss-20220203x8k.htm
  HTML page:      https://secwatch.observer/filing/0000056701-22-000004

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer