logo

LANDSTAR SYSTEM INC [LSTR] reports annual net loss of $264.4 million

By USInMinutes - Mar 07, 2024, 04:24 AM ET
Last Updated - Mar 07, 2024, 04:24 AM EST
LANDSTAR SYSTEM INC [LSTR] reports annual net loss of $264.4 million

Company Reports Revenue of $5.3 billion

LANDSTAR SYSTEM INC [LSTR] has reported a net loss of $264.4 million for year ended Dec 30, 2023.

The Company said in a filing before the Securities and Exchange Commission that its total revenue for the year was $5.3 billion

Based in JACKSONVILLE, Florida, LANDSTAR SYSTEM INC operates in the TRANSPORT sector.

In the 12 months ended December 30, 2023, the Company reported a revenue of $5.30 billion, a decrease compared to the previous year's revenue of $7.44 billion. This decline in revenue reflects a challenging business environment or strategic shifts in operations.

Sponsored

The cost of goods sold and operating expenses for the same period amounted to $4.97 billion, down from $6.87 billion in the previous year. This decrease suggests improved cost management or efficiency in operations.

Sponsored
Sponsored
Sponsored
Our Offices
  • 10kInfo, Inc.
    13555 SE 36th St
    Bellevue, WA 98006
  • 10kInfo Data Solutions, Pvt Ltd.
    Claywork Create
    11 km, Arakere Bannerghatta Rd, Omkar Nagar, Arekere,
    Bengaluru, Karnataka 560076
4.2 12182024