secwatch.observer — SEC 8-K summary
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Issuer:     LANDSTAR SYSTEM INC (LSTR)
CIK:        0000853816
Form:       8-K
Filed at:   2021-07-21T23:59:59+00:00
Accession:  0001193125-21-220679
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Landstar Q2 2021: record revenue $1.571B, diluted EPS $2.40, dividend +19%
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- Revenue $1.571B (prior $824M); net income $92.3M vs $24.3M; diluted EPS $2.40.
- Truck trans. revenue $1.444B; van loads +43% YoY, platform loads +35% YoY.
- Quarterly dividend raised 19% to $0.25/share; largest increase in history.
- Q3 guidance: revenue $1.55B-$1.60B, diluted EPS $2.20-$2.30.
- Repurchased 150K shares ($23.8M); 1.67M shares remaining under buyback.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/853816/000119312521220679/0001193125-21-220679-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/853816/000119312521220679/d194861d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-220679

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer