{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-053921","form_type":"8-K","ticker":"SCL","cik":"0000094049","company_name":"STEPAN CO","filed_at":"2023-10-18T23:59:59+00:00","discovered_at":"2026-05-14T18:03:32.467458+00:00","generated_at":"2026-06-09T22:19:19.930686+00:00","sec_items":["2.02","8.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Stepan Q3 net income falls 68% to $0.55 EPS; dividend raised to $0.375","bullets":["Q3 reported net income $12.6M ($0.55 EPS) vs $39.4M ($1.71 EPS) YoY; adjusted net income $14.7M ($0.64 EPS) vs $46.3M ($2.01 EPS).","Sales volume fell 9% YoY; Surfactant op income $15.4M (down 61%), Polymer $21.8M (down 32%), Specialty Products $2.4M (down 75%).","EBITDA $45.1M vs $76.4M YoY; company expects $50M pre-tax cost savings in 2024 to offset inflation and new plant expenses.","Board increased quarterly dividend to $0.375/share (2.7% increase), payable Dec 15 to record Nov 30; 56th consecutive annual increase."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-053921","json":"https://secwatch.observer/filing/0000950170-23-053921.json","markdown":"https://secwatch.observer/filing/0000950170-23-053921.md","text":"https://secwatch.observer/filing/0000950170-23-053921.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/94049/000095017023053921/0000950170-23-053921-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/94049/000095017023053921/scl-20231018.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T22:19:19.930686+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":"7f1d1550caa0c7e4db53a2aafddaf9b2d4f88560","claim":"STEPAN CO reported financial results for the quarter ended September 30, 2023.","evidence_excerpt":"On October 18, 2023, Stepan Company (“Stepan”) issued a press release providing its financial results for the quarter ended September 30, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/94049/000095017023053921/0000950170-23-053921-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended September 30, 2023"},{"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"}