{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-003378","form_type":"8-K","ticker":"EXPD","cik":"0000746515","company_name":"EXPEDITORS INTERNATIONAL OF WASHINGTON INC","filed_at":"2023-02-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:47.967747+00:00","generated_at":"2026-06-19T07:30:08.153383+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Expeditors Q4 2022 EPS $1.38, down 48% YoY; revenue down 36%","bullets":["Diluted EPS $1.38, down 48% from $2.66 in Q4 2021; net earnings $219M, down 52%.","Revenue $3.4B, down 36% YoY; operating income $330M, down 47%.","Airfreight tonnage volume fell 20% and ocean container volume fell 15% YoY.","CEO cites rapid rate decline and softer demand, especially in retail and high tech; short-term outlook uncertain.","Company plans to align expenses with revenues and reduce costs over next one to two quarters."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-003378","json":"https://secwatch.observer/filing/0000950170-23-003378.json","markdown":"https://secwatch.observer/filing/0000950170-23-003378.md","text":"https://secwatch.observer/filing/0000950170-23-003378.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/746515/000095017023003378/0000950170-23-003378-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/746515/000095017023003378/expd-20230221.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T07:30:08.153383+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":"a60dec76c66ba62b076f97c357e7d62306c8483a","claim":"EXPEDITORS INTERNATIONAL OF WASHINGTON INC reported financial results for fourth quarter 2022.","evidence_excerpt":"On February 21, 2023, Expeditors International of Washington, Inc., a Washington corporation, issued a press release announcing December 31, 2022 financial results.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/746515/000095017023003378/0000950170-23-003378-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fourth quarter 2022"},{"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"}