Landstar System stock dropped 4% due to reporting delay and supply chain fraud concerns.

From NASDAQ.: 2025-04-25 19:06:00

Logistics specialist Landstar System (NASDAQ: LSTR) saw a 4% decrease in share price due to a reporting delay, announcing a shift in the release of its first-quarter earnings. The delay is linked to a supply chain fraud, which may impact net income by $15 million or $0.43 per share. Despite reaching revenue of over $1.15 billion, investors are wary of the fraud situation and seek answers. The Motley Fool Stock Advisor team did not include Landstar System in their top 10 stocks to buy now, emphasizing the importance of thorough research before investing.



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