secwatch.observer — SEC 8-K summary
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Issuer:     TITAN INTERNATIONAL INC (TWI)
CIK:        0000899751
Form:       8-K
Filed at:   2026-04-30T23:59:59+00:00
Accession:  0000899751-26-000043
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Titan International Q1 revenue up 2.9% to $505M; operating loss due to plant closure charges
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- Revenue $505M (+2.9% YoY); gross margin 14.1% vs 14.0%.
- Operating loss $13.8M includes $23M impairment and $2M restructuring from Jackson, TN plant closure.
- Adjusted EBITDA $31M; Q2 sales guided $470-490M, EBITDA $25-30M; FY sales $1.85-1.95B, EBITDA $105-115M.
- Earthmoving/Construction sales up 11.3% to $159.5M; Consumer down 1.6%; Ag flat.
- Jackson, TN plant closure expected by end of Oct 2026; cash benefits expected in 2027.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/899751/000089975126000043/0000899751-26-000043-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/899751/000089975126000043/twi-20260430.htm
  HTML page:      https://secwatch.observer/filing/0000899751-26-000043

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