BRIEF-Landstar System During Q1 2025, Co Identified Significant Supply Chain Fraud That Remains Under Investigation

Reuters

2025/04/03

April 2 (Reuters) - Landstar System Inc LSTR.O:

LANDSTAR SYSTEM: DURING Q1 2025, CO IDENTIFIED SIGNIFICANT SUPPLY CHAIN FRAUD THAT REMAINS UNDER INVESTIGATION
LANDSTAR SYSTEM INC - EXPECTS Q1 2025 EPS OF $0.90 TO $0.95 - SEC FILING
LANDSTAR SYSTEM: SUPPLY CHAIN FRAUD MAY ADVERSELY AFFECT CO'S Q1 EPS IN RANGE OF $0.35 TO $0.50 RELATED TO IMPAIRMENT OF TRADE ACCOUNTS RECEIVABLE
LANDSTAR SYSTEM: EXPECT REVENUE FOR Q1 TO FINISH AT OR NEAR MID-POINT OF OUR Q1 2025 PRIOR GUIDANCE

Source text: [ID:n0001193125-25-071384]

Further company coverage: LSTR.O

((Reuters.Briefs@thomsonreuters.com;))

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