{"schema_version":"secwatch.filing_event.v1","accession":"0000719733-26-000003","form_type":"8-K","ticker":"KTCC","cik":"0000719733","company_name":"KEY TRONIC CORP","filed_at":"2026-02-03T23:59:59+00:00","discovered_at":"2026-05-14T18:02:37.548221+00:00","generated_at":"2026-05-16T05:28:25.276383+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Key Tronic reports Q2 FY2026 revenue $96.3M, down 15% YoY; China wind-down and Mexico cuts","bullets":["Revenue $96.3M vs $113.9M YoY, down ~15%; impacted by reduced demand from a longtime customer and program delays.","Initiating wind-down of China manufacturing (expected FY-end) and further Mexico workforce reductions; $10.5M in severance/write-off charges.","Adjusted gross margin 7.9% vs 6.8% YoY; reported gross margin 0.6% and operating margin (10.7)%, due to restructuring costs.","Operating cash flow $6.3M vs $1.5M YoY; debt reduced $13.4M year-over-year.","Expected quarterly savings of $1.2M from China wind-down and $1.5M from Mexico reductions, beginning in Q3."],"urls":{"canonical":"https://secwatch.observer/filing/0000719733-26-000003","json":"https://secwatch.observer/filing/0000719733-26-000003.json","markdown":"https://secwatch.observer/filing/0000719733-26-000003.md","text":"https://secwatch.observer/filing/0000719733-26-000003.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/719733/000071973326000003/0000719733-26-000003-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/719733/000071973326000003/ktcc-20260203.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T05:28:25.276383+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}