secwatch.observer — SEC 8-K summary
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Issuer:     Matson, Inc. (MATX)
CIK:        0000003453
Form:       8-K
Filed at:   2026-05-04T23:59:59+00:00
Accession:  0001104659-26-054889
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Matson 1Q26 EPS $1.85 vs $2.18; raises FY outlook; buyback expanded 3M shares
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- Net income $56.6M ($1.85 diluted EPS) vs $72.3M ($2.18) in 1Q25; revenue $757.8M (-3.1% YoY).
- Ocean Transportation op income $54.6M (-25.8% YoY); Logistics op income $6.8M (-20% YoY).
- Expects Q2 consolidated op income ~$20M above Q2 2025's $113.0M; raises full-year 2026 outlook to modestly exceed FY2025.
- Board added 3.0M shares to buyback program, extended to Dec 2029; declared $0.36/share dividend payable June 4, 2026.
- Iran conflict not impacting operations but affecting fuel prices; expects negative lag impact on Q2 results.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/3453/000110465926054889/0001104659-26-054889-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/3453/000110465926054889/matx-20260504x8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-054889

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