{"schema_version":"secwatch.filing_event.v1","accession":"0000867773-23-000070","form_type":"8-K","ticker":null,"cik":"0000867773","company_name":"SUNPOWER CORP","filed_at":"2023-07-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.826301+00:00","generated_at":"2026-06-13T02:36:01.359296+00:00","sec_items":["2.02","9.01","2.05","7.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"SunPower reports Q2 net loss $30M, lowers FY 2023 guidance, announces restructuring","bullets":["Preliminary Q2 GAAP net loss $30M; Adjusted EBITDA approx. -$3M; Revenue $464M (+11% YoY).","Added 20,400 new residential customers; FY 2023 customer guidance cut to 70k-90k from prior.","CEO cites demand weakness in Southeast/Southwest due to higher interest rates slowing leads.","Restructuring to cut ~140 employees (5% labor costs) with ~$4.3M severance charges in Q3.","FY 2023 Adjusted EBITDA guidance reduced to $55M-$75M; Net loss guidance ($90M)-($70M)."],"urls":{"canonical":"https://secwatch.observer/filing/0000867773-23-000070","json":"https://secwatch.observer/filing/0000867773-23-000070.json","markdown":"https://secwatch.observer/filing/0000867773-23-000070.md","text":"https://secwatch.observer/filing/0000867773-23-000070.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/867773/000086777323000070/0000867773-23-000070-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/867773/000086777323000070/spwr-20230724.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T02:36:01.359296+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":"4ff628bcf87ef31412b2bb42a186c62e70a9aa95","claim":"SUNPOWER CORP reported second quarter ended July 2, 2023 results: revenue $464 million, net income ($30) million. Guidance lowered.","evidence_excerpt":"SunPower Reports Preliminary Second Quarter 2023 Results and Provides Updated Guidance • Preliminary second quarter GAAP Net Loss of ($30) million, Adjusted EBITDA of approximately ($3) million • Preliminary second quarter customer growth of 20,400 new customers • Preliminary second quarter Revenue of $464 million, 11% higher year-over-year","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/867773/000086777323000070/0000867773-23-000070-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter ended July 2, 2023"},{"label":"Revenue","value":"$464 million"},{"label":"Net income","value":"($30) million"},{"label":"Guidance","value":"lowered"},{"label":"Result","value":"preliminary results"}],"fact_type":"earnings_release"},{"claim_id":"1e1b235f30ffc275c2b77679e9aa0e413e61279c","claim":"SUNPOWER CORP announced a restructuring with charges of approximately $4.3 million (approximately 140 employees).","evidence_excerpt":"representing approximately 5% of its labor costs, to exit the Company in the third quarter of 2023. The Company expects to incur restructuring charges totaling approximately $4.3 million, consisting primarily of severance benefits. A substantial portion of such charges are expected to be incurred in the third quarter of fiscal 2023. The actual timing and costs of","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/867773/000086777323000070/0000867773-23-000070-index.htm","confidence":0.9,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"restructuring"},{"label":"Charge","value":"approximately $4.3 million"},{"label":"Headcount","value":"approximately 140 employees"}],"fact_type":"restructuring_charge"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}