{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-034554","form_type":"8-K","ticker":"SCL","cik":"0000094049","company_name":"STEPAN CO","filed_at":"2023-07-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:37.096565+00:00","generated_at":"2026-06-13T02:39:45.798718+00:00","sec_items":["2.02","8.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Stepan Q2 net income falls 76% to $0.55 EPS; sales volume down 19% YoY","bullets":["Net income of $12.7M ($0.55 diluted) vs. $52.1M ($2.26) a year ago; adjusted EPS $0.53.","Revenue $580M, down 23% YoY; global sales volume declined 19%.","Surfactant operating income fell 69% to $15.1M; Polymer down 52% to $16.3M; Specialty Products down 62% to $3.8M.","Q2 EBITDA $46.7M vs. $95.5M; adjusted EBITDA $45.8M vs. $96.7M.","Board declared $0.365 quarterly dividend payable Sept. 15, record Aug. 31; unchanged from prior quarter."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-034554","json":"https://secwatch.observer/filing/0000950170-23-034554.json","markdown":"https://secwatch.observer/filing/0000950170-23-034554.md","text":"https://secwatch.observer/filing/0000950170-23-034554.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/94049/000095017023034554/0000950170-23-034554-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/94049/000095017023034554/scl-20230726.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T02:39:45.798718+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":"1598afc4d35dda1d8b805c7807c995feeafc00e5","claim":"STEPAN CO reported the quarter ended June 30, 2023 results: net income $12.7 million, or $0.55 per diluted share.","evidence_excerpt":"Stepan Reports Second Quarter Results Northbrook, Illinois, July 26, 2023 -- Stepan Company (NYSE: SCL) today reported: Second Quarter Highlights • Reported net income was $12.7 million, or $0.55 per diluted share, versus a record $52.1 million, or $2.26 per diluted share, in the prior year.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/94049/000095017023034554/0000950170-23-034554-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended June 30, 2023"},{"label":"Net income","value":"$12.7 million, or $0.55 per diluted share"},{"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"}