{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-088232","form_type":"8-K","ticker":"SCL","cik":"0000094049","company_name":"STEPAN CO","filed_at":"2024-07-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:16.448513+00:00","generated_at":"2026-05-31T14:46:28.708996+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 Q2 net income falls 25% to $9.5M; criminal fraud charge and Millsdale flood weigh","bullets":["Net income $9.5M ($0.42 diluted EPS), down 25% YoY; adjusted net income $9.4M down 22%.","Sales volume +4% YoY, but revenue -4% to $556M due to lower selling prices and mix.","Unusual charges: $11.8M Millsdale flood, $3.6M Pasadena startup, $3.5M criminal fraud in Asia; investigation ongoing.","Adjusted EBITDA $47.7M (+4%); cost-out on track; expects H2 EBITDA improvement vs prior year.","Q3 fraud charge expected similar amount (~$3.5M); no material impact on business otherwise."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-088232","json":"https://secwatch.observer/filing/0000950170-24-088232.json","markdown":"https://secwatch.observer/filing/0000950170-24-088232.md","text":"https://secwatch.observer/filing/0000950170-24-088232.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/94049/000095017024088232/0000950170-24-088232-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/94049/000095017024088232/scl-20240731.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T14:46:28.708996+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}