{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-020984","form_type":"8-K","ticker":"LSTR","cik":"0000853816","company_name":"LANDSTAR SYSTEM INC","filed_at":"2024-01-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:27.061076+00:00","generated_at":"2026-06-06T14:24:43.065683+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Landstar Q4 2023 EPS $1.62 on revenue $1.204B; Q1 guidance points to further declines","bullets":["Q4 2023 EPS $1.62 vs $2.60 in prior-year 14-week quarter; revenue $1.204B vs $1.675B.","Truck loads hauled down 22% YoY; truck revenue per load down 10% YoY.","Gross profit $124.6M, variable contribution $178.1M, both significantly lower YoY.","Q1 2024 guidance: revenue $1.10B-$1.15B, EPS $1.25-$1.35, citing continued soft demand.","Quarterly dividend declared $0.33 per share, payable March 8, 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-020984","json":"https://secwatch.observer/filing/0001193125-24-020984.json","markdown":"https://secwatch.observer/filing/0001193125-24-020984.md","text":"https://secwatch.observer/filing/0001193125-24-020984.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/853816/000119312524020984/0001193125-24-020984-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/853816/000119312524020984/d755514d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T14:24:43.065683+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":"941109dc7269c7f10f4fd04c4dc8010e1aa7066b","claim":"LANDSTAR SYSTEM INC reported the 2023 thirteen-week fourth quarter results: revenue $1.204 billion, EPS $1.62.","evidence_excerpt":"Landstar System, Inc. (NASDAQ: LSTR) (“Landstar” or the “Company”) reported basic and diluted earnings per share (“EPS”) of $1.62 in the 2023 thirteen-week fourth quarter on revenue of $1.204 billion.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/853816/000119312524020984/0001193125-24-020984-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the 2023 thirteen-week fourth quarter"},{"label":"Revenue","value":"$1.204 billion"},{"label":"EPS","value":"$1.62"},{"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"}