{"schema_version":"secwatch.filing_event.v1","accession":"0000719733-24-000013","form_type":"8-K","ticker":"KTCC","cik":"0000719733","company_name":"KEY TRONIC CORP","filed_at":"2024-04-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.770418+00:00","generated_at":"2026-06-03T06:54:29.173970+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Key Tronic preliminary Q3 loss per share ($0.18-0.23) on $140M revenue; Q4 guidance $0.00-0.10 EPS","bullets":["Preliminary Q3 revenue ~$140M (in line); net loss per share ($0.18)-($0.23) below expectations.","Severance costs of $3.7M ($0.27/diluted share) from reducing workforce by 450+ in Mexico; expects >$10M annual savings.","Severe winter weather in MS and AR knocked out ~2 weeks production, losing ~$1M contribution margin ($0.07/share).","Mexican Peso strengthening ~5% added ~$1.5M expense ($0.11/share).","Q4 FY2024 guidance: revenue $135M-$145M, EPS $0.00-$0.10; final Q3 results due May 7, 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0000719733-24-000013","json":"https://secwatch.observer/filing/0000719733-24-000013.json","markdown":"https://secwatch.observer/filing/0000719733-24-000013.md","text":"https://secwatch.observer/filing/0000719733-24-000013.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/719733/000071973324000013/0000719733-24-000013-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/719733/000071973324000013/ktcc-20240425.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T06:54:29.173970+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"52fc3767f236a43a22c8c79059a9d4a7fc0bd8f3","claim":"KEY TRONIC CORP reported three months ended March 30, 2024 results: revenue approximately $140 million, EPS ($0.18) to ($0.23) per share.","evidence_excerpt":"today announced its preliminary results for the three months ended March 30, 2024. For the third quarter of fiscal 2024, Key Tronic expects to report revenue of approximately $140 million, in line with revenue expectations, and a net loss of approximately ($0.18) to ($0.23) per share, which is below expectations. The lower than expected earnings are primarily a","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/719733/000071973324000013/0000719733-24-000013-index.htm","confidence":0.85,"family_label":"Earnings Releases","details":[{"label":"Period","value":"three months ended March 30, 2024"},{"label":"Revenue","value":"approximately $140 million"},{"label":"EPS","value":"($0.18) to ($0.23) per share"},{"label":"Result","value":"preliminary results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}