---
schema_version: "secwatch.filing_event.v1"
accession: "0001157523-23-001203"
form_type: "8-K"
ticker: "ALOT"
cik: "0000008146"
company_name: "AstroNova, Inc."
filed_at: "2023-08-01T23:59:59+00:00"
generated_at: "2026-06-12T19:51:39.582371+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# AstroNova restructures PI segment; $3.2M charge, >$2.4M annual savings

## Summary
- Restructuring charges ~$3.2M ($1.7M non-cash) recorded in Q2 FY2024.
- Annualized cost savings >$2.4M from manufacturing move to Astro Machine (IL).
- Exiting older low-margin products; consolidating int'l sales and distribution.
- Workforce reduction and printer retrofit due to supplier ink quality issue.
- Q2 FY2024 earnings to be released Sept 6, 2023 before market open.

## SEC filing metadata
- accession: 0001157523-23-001203
- form_type: 8-K
- ticker: ALOT
- cik: 0000008146
- company_name: AstroNova, Inc.
- filed_at: 2023-08-01T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.05, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/8146/000115752323001203/0001157523-23-001203-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/8146/000115752323001203/a53496243.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001157523-23-001203
- JSON: https://secwatch.observer/filing/0001157523-23-001203.json
- Plain text: https://secwatch.observer/filing/0001157523-23-001203.txt

## Key facts
- Restructurings & Charges
  AstroNova, Inc. announced a restructuring with charges of approximately $3.2 million affecting Product Identification segment.
  - Type: restructuring
  - Charge: approximately $3.2 million
  - Affected area: Product Identification segment
  source text: Product Identification segment restructuring plan, in the second quarter of our fiscal year 2024 we expect to record pre-tax restructuring and other charges of approximately $3.2 million, comprised primarily of non-cash charges of approximately $1.7 million related to inventory write-offs related to product curtailment and discontinuation, and cash charges of
  evidence_url: https://www.sec.gov/Archives/edgar/data/8146/000115752323001203/0001157523-23-001203-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.