{"schema_version":"secwatch.filing_event.v1","accession":"0000899751-24-000058","form_type":"8-K","ticker":"TWI","cik":"0000899751","company_name":"TITAN INTERNATIONAL INC","filed_at":"2024-05-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:22.384202+00:00","generated_at":"2026-06-03T03:44:37.066140+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Titan Q1 revenue $482M, adj. EPS $0.29; Q2 guidance $525-575M; Carlstar integration on track","bullets":["Q1 net sales $482.2M down 12% YoY; gross profit $77.4M (16.0%); adjusted gross margin 16.7% (excl. $3.4M inventory step-up).","Adjusted EPS $0.29; adjusted EBITDA $50M; net debt $370M; $15M remaining under $50M share buyback authorization.","Ag segment sales $239.7M (-21.6%); Earthmoving/Construction $165.2M (-16.9%); Consumer $77.3M (+76.3%) from Carlstar.","Q2 guidance: revenue $525-575M, adj. EBITDA $45-55M, FCF $30-40M, capex $15-20M. No full-year guidance due to macro uncertainty.","Carlstar acquisition closed Feb 29, contributed ~1 month; expected synergies $5-6M in 2024, $25-30M long-term."],"urls":{"canonical":"https://secwatch.observer/filing/0000899751-24-000058","json":"https://secwatch.observer/filing/0000899751-24-000058.json","markdown":"https://secwatch.observer/filing/0000899751-24-000058.md","text":"https://secwatch.observer/filing/0000899751-24-000058.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/899751/000089975124000058/0000899751-24-000058-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/899751/000089975124000058/twi-20240501.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T03:44:37.066140+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":"12c922fef4bdd5e23645a54263cdcd129da41181","claim":"TITAN INTERNATIONAL INC reported the first quarter ended March 31, 2024 results: revenue $482.2 million, EPS $0.29. Guidance initiated.","evidence_excerpt":"Our balance sheet strength and cash flow prospects set us up to create value over the long-term.” Results of Operations Net sales for the three months ended March 31, 2024 were $482.2 million, compared to $548.6 million in the comparable period of 2023. Net","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/899751/000089975124000058/0000899751-24-000058-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter ended March 31, 2024"},{"label":"Revenue","value":"$482.2 million"},{"label":"EPS","value":"$0.29"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"reported results"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}