secwatch.observer — SEC 8-K summary
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Issuer:     LANDSTAR SYSTEM INC (LSTR)
CIK:        0000853816
Form:       8-K
Filed at:   2022-07-20T23:59:59+00:00
Accession:  0001193125-22-198128
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Landstar Q2 record revenue $1.975B, EPS $3.05; dividend raised 20% to $0.30
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- Revenue $1.975B (+26% YoY), net income $112.6M (+22%), DEPS $3.05 (+27%).
- Truck loads hauled +10% YoY; revenue per truck load +10% YoY.
- Quarterly dividend increased 20% to $0.30/share, payable Aug 26 to record Aug 8.
- Q3 guidance: revenue $1.80B-$1.85B, DEPS $2.75-$2.85.
- Repurchased 703k shares for $103.3M in Q2; $300M credit facility extended to 2027.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/853816/000119312522198128/0001193125-22-198128-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/853816/000119312522198128/d373115d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-198128

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