{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-050194","form_type":"8-K","ticker":"SCL","cik":"0000094049","company_name":"STEPAN CO","filed_at":"2024-04-30T23:59:59+00:00","discovered_at":"2026-05-14T18:03:22.562523+00:00","generated_at":"2026-06-03T05:17:16.174228+00:00","sec_items":["2.02","8.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Stepan Q1 adjusted EBITDA up 5% to $51.2M; net sales down 15% on lower pricing; reaffirms $50M cost out program","bullets":["Net income $13.9M ($0.61 EPS); adjusted net income $14.7M ($0.64 EPS), down 11% YoY.","Adjusted EBITDA $51.2M, up 5% YoY; Surfactants +4%, Polymers -10%, Specialty Products +49%.","Net sales $551.4M, down 15% YoY on 18% lower selling prices; volume up 1% (ex-ag & PA +4%).","Cost reduction on track: $18M pre-tax savings in Q1 toward $50M goal for 2024.","Quarterly dividend $0.375/sh declared, payable June 14, 2024; unchanged from prior quarter."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-050194","json":"https://secwatch.observer/filing/0000950170-24-050194.json","markdown":"https://secwatch.observer/filing/0000950170-24-050194.md","text":"https://secwatch.observer/filing/0000950170-24-050194.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/94049/000095017024050194/0000950170-24-050194-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/94049/000095017024050194/scl-20240430.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T05:17:16.174228+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":"997db760cb70b13fee40497cb948621b0e9da9b5","claim":"STEPAN CO reported Three Months Ended March 31, 2024 results: revenue $551,418, net income $13.9 million, EPS $0.61 per diluted share.","evidence_excerpt":"Financial Summary Three Months Ended March 31, ($ in thousands, except per share data) 2024 2023 % Change Net Sales $ 551,418 $ 651,436 (15)% Operating Income $ 20,169 $ 21,057 (4)% Net Income $ 13,893 $ 16,142 (14)% Earnings per Diluted Share $ 0.61 $ 0.70 (13)%","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/94049/000095017024050194/0000950170-24-050194-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Three Months Ended March 31, 2024"},{"label":"Revenue","value":"$551,418"},{"label":"Net income","value":"$13.9 million"},{"label":"EPS","value":"$0.61 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"}