secwatch.observer — SEC 8-K summary
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Issuer:     Matson, Inc. (MATX)
CIK:        0000003453
Form:       8-K
Filed at:   2022-05-03T23:59:59+00:00
Accession:  0001558370-22-006811
Event type: earnings
Sentiment:  positive
Materiality: 0.90
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Matson Q1 net income $339.2M, EPS $8.23; revenue up 64% YoY
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- Diluted EPS $8.23 ($339.2M net income) vs $1.99 ($87.2M) in Q1 2021; revenue $1,165.5M vs $711.8M.
- Ocean Transportation operating income $416.2M (44.1% margin) vs $114.1M; China container volume +13.4% YoY.
- Logistics operating income $16.4M vs $6.1M; EBITDA $476.4M vs $160.5M.
- Repurchased ~0.7M shares for $68.6M in Q1; Board increased authorization by 3M shares in January 2022.
- Declared $0.30 dividend payable June 2, 2022; total debt $614.7M, net debt $221.9M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/3453/000155837022006811/0001558370-22-006811-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/3453/000155837022006811/matx-20220503x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-22-006811

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