{"schema_version":"secwatch.filing_event.v1","accession":"0000891014-23-000071","form_type":"8-K","ticker":"MTX","cik":"0000891014","company_name":"MINERALS TECHNOLOGIES INC","filed_at":"2023-07-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.908535+00:00","generated_at":"2026-06-13T01:50:03.787903+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"MTX Q2 adjusted EPS $1.31; initiates $10M cost savings; exits talc business","bullets":["Adjusted EPS $1.31 vs reported $0.82; net sales $552M, down 1% YoY, up 1% sequentially.","Operating margin ex-special items 12.8%, up 120 bps sequentially; special items $20.7M (severance $6.6M, talc litigation $13.9M).","Initiated ~$10M annual cost savings program via workforce reductions; full run-rate expected H1 2024.","Announced plan to exit talc business; Barretts Minerals Inc. to be sold; additional litigation costs incurred.","YTD cash from operations $79M, more than double prior year."],"urls":{"canonical":"https://secwatch.observer/filing/0000891014-23-000071","json":"https://secwatch.observer/filing/0000891014-23-000071.json","markdown":"https://secwatch.observer/filing/0000891014-23-000071.md","text":"https://secwatch.observer/filing/0000891014-23-000071.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/891014/000089101423000071/0000891014-23-000071-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/891014/000089101423000071/form8k_072723.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T01:50:03.787903+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":"f43eeb24ea9129645976ab3f60e7936b4e07c3f9","claim":"MINERALS TECHNOLOGIES INC reported the second quarter ended July 3, 2023 results: revenue $552 million, EPS $0.82.","evidence_excerpt":"prudent steps to ensure that any liabilities associated with talc are dealt with effectively and efficiently,” said Mr. Dietrich. Second Quarter 2023 Worldwide net sales were $552 million, up 1 percent sequentially and down 1 percent from the prior year. Foreign exchange had an unfavorable impact of approximately $8 million or 1 percentage point. Operating income","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/891014/000089101423000071/0000891014-23-000071-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the second quarter ended July 3, 2023"},{"label":"Revenue","value":"$552 million"},{"label":"EPS","value":"$0.82"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}