secwatch.observer — SEC 8-K summary
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Issuer:     MINERALS TECHNOLOGIES INC (MTX)
CIK:        0000891014
Form:       8-K
Filed at:   2025-04-24T23:59:59+00:00
Accession:  0000891014-25-000042
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Minerals Technologies posts Q1 loss of $4.51/sh on $215M reserve for BMI OldCo Chapter 11
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- Net loss per diluted share of $4.51; operating loss $160M. Adjusted EPS $1.14, excluding $223M in special items.
- Worldwide net sales $492M, down 8% YoY; foreign exchange impact of 2%.
- Established $215M reserve for BMI OldCo Chapter 11 to resolve talc-related claims and fund litigation.
- Initiated $10M annualized cost savings program; recorded $5.5M severance charge in Q1.
- Consumer & Specialties segment sales down 10% to $268M; Engineered Solutions down 6% to $224M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/891014/000089101425000042/0000891014-25-000042-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/891014/000089101425000042/form8k_htm.htm
  HTML page:      https://secwatch.observer/filing/0000891014-25-000042

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