secwatch.observer — SEC 8-K summary
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Issuer:     Matson, Inc. (MATX)
CIK:        0000003453
Form:       8-K
Filed at:   2022-08-01T23:59:59+00:00
Accession:  0001558370-22-011461
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Matson Q2 net income $380.7M ($9.49 EPS), revenue $1.26B; China volume +11.7%
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- Q2 2022 EPS of $9.49 vs $3.71 in Q2 2021; net income $380.7M vs $162.5M.
- Ocean Transportation revenue $1.05B (+53.6% YoY); operating income $470M (+133.8%).
- China container volume +11.7% YoY; management says freight rates likely peaked, expects orderly market.
- Logistics operating income $23.1M (+79.1% YoY) with strength across all services.
- Repurchased 1.6M shares for $138.1M in Q2; $642M available under revolver.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/3453/000155837022011461/0001558370-22-011461-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/3453/000155837022011461/matx-20220801x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-22-011461

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