{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-263100","form_type":"8-K","ticker":"LSTR","cik":"0000853816","company_name":"LANDSTAR SYSTEM INC","filed_at":"2023-10-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:32.159963+00:00","generated_at":"2026-06-09T12:37:33.763956+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Landstar Q3 revenue $1.289B, EPS $1.71, down sharply YoY; Q4 guidance weak","bullets":["Q3 2023 revenue of $1.289B vs $1.816B in Q3 2022; EPS of $1.71 vs $2.76.","Truck revenue per load down 12% YoY; loads hauled via truck down 16%.","Gross profit fell to $128.1M from $185.7M; variable contribution also declined.","Q4 2023 guidance: revenue $1.225-1.275B, EPS $1.60-1.70.","Quarterly dividend of $0.33 declared, payable Dec 1, 2023 to record Nov 7."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-263100","json":"https://secwatch.observer/filing/0001193125-23-263100.json","markdown":"https://secwatch.observer/filing/0001193125-23-263100.md","text":"https://secwatch.observer/filing/0001193125-23-263100.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/853816/000119312523263100/0001193125-23-263100-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/853816/000119312523263100/d537292d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T12:37:33.763956+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":[{"claim_id":"f438206732250f2199d3699a0b7887db48226b32","claim":"LANDSTAR SYSTEM INC reported third quarter of fiscal 2023 results: revenue $1.289 billion, EPS $1.71.","evidence_excerpt":"Landstar System, Inc. (NASDAQ: LSTR) (“Landstar” or the “Company”) reported basic and diluted earnings per share (“EPS”) of $1.71 in the 2023 third quarter on revenue of $1.289 billion.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/853816/000119312523263100/0001193125-23-263100-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter of fiscal 2023"},{"label":"Revenue","value":"$1.289 billion"},{"label":"EPS","value":"$1.71"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}