Hub Group Flags Accounting Error and Plans Restatement

Reuters

3 hours ago

Hub Group Flags Accounting Error and Plans Restatement

Hub Group Inc. disclosed in a Feb. 5, 2026 Form 8-K that it found an accounting error that understated purchased transportation costs and accounts payable during the first three quarters of 2025. The company said its unaudited quarterly financial statements for the periods ended March 31, June 30 and Sept. 30, 2025 were materially misstated and will be restated, and it expects to conclude its disclosure controls and internal controls over financial reporting were not effective for 2025. Hub Group also delayed its full earnings release and conference call, and its shares fell after the disclosure.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hub Group Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202602231200PRIMZONEFULLFEED9659317) on February 23, 2026, and is solely responsible for the information contained therein.

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The company said its unaudited quarterly financial statements for the periods ended March 31, June 30 and Sept. 30, 2025 were materially misstated and will be restated, and it expects to conclude its disclosure controls and internal controls over financial reporting were not effective for 2025. Hub Group also delayed its full earnings release and conference call, and its shares fell after the disclosure.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n<i>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hub Group Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202602231200PRIMZONEFULLFEED9659317) on February 23, 2026, and is solely responsible for the information contained therein.</span></i>\n</p>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4585","symbol_name":"ETF&股票定投概念","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260223:nNDL2TYV1H:1","article_id":"2613736866","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2613736866","pubTimestamp":1771866041,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Hub Group Inc. disclosed in a Feb. 5, 2026 Form 8-K that it found an accounting error that understated purchased transportation costs and accounts payable during the first three quarters of 2025. The company said its unaudited quarterly financial statements for the periods ended March 31, June 30 and Sept. 30, 2025 were materially misstated and will be restated, and it expects to conclude its disclosure controls and internal controls over financial reporting were not effective for 2025. Hub Group also delayed its full earnings release and conference call, and its shares fell after the disclosure.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4585":"ETF&股票定投概念","HUBG":"Hub Group Inc","LU0314104364.USD":"MANULIFE GF AMERICAN GROWTH \"AA\" (USD) INC","IE00B7SZL793.SGD":"Legg Mason Royce - US Small Cap Opportunity A Acc SGD-H","IE00BKPKM429.USD":"NEUBERGER BERMAN GLOBAL SUSTAINABLE EQUITY \"A\" (USD) ACC","BK4588":"碎股","IE00B66KJ199.SGD":"LEGG MASON ROYCE US SMALL CAP OPPORTUNITY  \" A\" (SGD) ACC","BK4112":"金融交易所和数据","BK4131":"航空货运与物流","IE0031619046.USD":"LEGG MASON ROYCE US SMALL CAP OPPORTUNITY \"A\" (USD) INC","IE00B64PRP62.GBP":"GUINNESS GLOBAL MONEY MANAGERS \"C\" (GBP) ACC","NDAQ":"纳斯达克OMX交易所","SG9999014039.USD":"UNITED GLOBAL DURABLE EQUITIES (USDHDG) INC","IE00B19Z4B17.USD":"LEGG MASON ROYCE US SMALL CAP OPPORTUNITY \"A\" (USD) ACC","IE00B3QW5Z07.USD":"GUINNESS GLOBAL MONEY MANAGERS \"C\" (USD) ACC","LU2095319765.USD":"Natixis Thematics Subscription Economy R/A USD","IE00BGHQF748.EUR":"GUINNESS GLOBAL MONEY MANAGERS \"C\" (EUR) ACC","LU2210150020.SGD":"Natixis Thematics Subscription Economy R/A SGD","SG9999014005.SGD":"United Global Durable Equities Fund Acc SGD","SG9999014021.USD":"UNITED GLOBAL DURABLE EQUITIES (USDHDG) ACC","SG9999014013.SGD":"United Global Durable Equities Fund Dis SGD","LU2210149790.SGD":"Natixis Thematics Subscription Economy R/A SGD-H"},"translate_title":"Hub Group标记会计错误并计划重述","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NDAQ":0.9,"HUBG":0.9},"content_text":"Hub Group Flags Accounting Error and Plans Restatement\n    \n\nHub Group Inc. disclosed in a Feb. 5, 2026 Form 8-K that it found an accounting error that understated purchased transportation costs and accounts payable during the first three quarters of 2025. The company said its unaudited quarterly financial statements for the periods ended March 31, June 30 and Sept. 30, 2025 were materially misstated and will be restated, and it expects to conclude its disclosure controls and internal controls over financial reporting were not effective for 2025. Hub Group also delayed its full earnings release and conference call, and its shares fell after the disclosure.\n      \n\n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hub Group Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202602231200PRIMZONEFULLFEED9659317) on February 23, 2026, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"executive,event","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}