{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-111541","form_type":"8-K","ticker":"LSTR","cik":"0000853816","company_name":"LANDSTAR SYSTEM INC","filed_at":"2024-04-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:22.148310+00:00","generated_at":"2026-06-03T08:55:24.735401+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 Q1 revenue $1.17B (-18% YoY), EPS $1.32 (-39% YoY), dividend $0.33","bullets":["Revenue $1,171M, down from $1,436M YoY; EPS $1.32, down from $2.17 YoY.","Truck loads down 13% YoY; truck revenue per load down 7% YoY.","Gross profit $113.9M vs $152.9M; variable contribution $168.2M vs $208.7M.","Quarterly dividend of $0.33 per share declared, payable May 24, 2024.","Cash & short-term investments ~$530M; trailing ROE 23%, ROIC 22%."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-111541","json":"https://secwatch.observer/filing/0001193125-24-111541.json","markdown":"https://secwatch.observer/filing/0001193125-24-111541.md","text":"https://secwatch.observer/filing/0001193125-24-111541.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/853816/000119312524111541/0001193125-24-111541-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/853816/000119312524111541/d810636d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T08:55:24.735401+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":"f40f2983fcfeffc39277df54ded6f1b0589f7c52","claim":"LANDSTAR SYSTEM INC reported first quarter of fiscal 2024 results: revenue $1.171 billion, EPS $1.32.","evidence_excerpt":"- Landstar System, Inc. (NASDAQ: LSTR) (“Landstar” or the “Company”) today reported basic and diluted earnings per share (“EPS”) of $1.32 in the 2024 first quarter on revenue of $1.171 billion. Landstar also announced today that its Board of Directors declared a quarterly dividend of $0.33 per share payable on May 24, 2024, to stockholders of record as of the close of","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/853816/000119312524111541/0001193125-24-111541-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter of fiscal 2024"},{"label":"Revenue","value":"$1.171 billion"},{"label":"EPS","value":"$1.32"},{"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"}