---
schema_version: "secwatch.filing_event.v1"
accession: "0000719733-24-000107"
form_type: "8-K"
ticker: "KTCC"
cik: "0000719733"
company_name: "KEY TRONIC CORP"
filed_at: "2024-10-10T23:59:59+00:00"
generated_at: "2026-05-30T17:02:49.084751+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Key Tronic restates FY2022-2023 and quarterly financials; revenue/COGS misclassification found

## Summary
- Audit Committee concludes FY2022, FY2023, and certain quarterly reports for 2022-2024 are no longer reliable due to misallocation of cost recovery.
- Restatements will increase both revenue and cost of goods sold; gross profit, net income, and EPS are unchanged.
- Company also identified ~$2.0M in Q4 FY2024 net-income adjustments tied to capitalized costs, business interruption insurance, and credit losses.
- Review continues; the 2024 Form 10-K will incorporate the restated periods and these adjustments and is expected to be filed soon.

## SEC filing metadata
- accession: 0000719733-24-000107
- form_type: 8-K
- ticker: KTCC
- cik: 0000719733
- company_name: KEY TRONIC CORP
- filed_at: 2024-10-10T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 4.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/719733/000071973324000107/0000719733-24-000107-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/719733/000071973324000107/ktcc-20241009.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000719733-24-000107
- JSON: https://secwatch.observer/filing/0000719733-24-000107.json
- Plain text: https://secwatch.observer/filing/0000719733-24-000107.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.