Eastern CO

The Eastern Company announced the acquisition of Sungear and Crown Precision for $7.85 million, establishing a new operating platform in precision manufacturing for aerospace and defense.

The Eastern Company announced its first quarter 2026 results, with net sales of $59.7 million and net income of $0.6 million, impacted by operational issues in its racks business.

The Eastern Company announced a significant decline in 2025 net income and sales due to market pressures, but highlighted cost restructuring and a strengthened balance sheet.

The Eastern Company announced two director retirements, a reduction in board size, and significant amendments to its bylaws enhancing shareholder rights.

The Eastern Company reported a 22% decline in third-quarter 2025 sales and an 87% drop in earnings, attributing the downturn to weakness in the heavy-duty truck and automotive markets, while also announcing a new $100 million revolving credit facility.

The Eastern Company has replaced its prior credit facility with a new $100 million five-year senior secured revolving credit facility, offering improved financial flexibility and lower interest margins.

The Eastern Company reported a significant decrease in net income and sales for the first quarter of 2026 compared to the prior year, impacted by lower order volumes and increased tariff costs.

The Eastern Company reported a significant drop in Q3 and nine-month net income and sales from continuing operations, despite completing the sale of a discontinued business and securing a new credit facility.

The Eastern Company reported a slight decrease in overall net income for Q2 2025, driven by lower sales and increased restructuring costs in continuing operations, partially offset by a gain from discontinued operations.

The Eastern Company's first quarter 2025 results show a slight decrease in net sales but continued strategic investments and a recent acquisition aimed at enhancing competitiveness.

The Eastern Company saw a 15% increase in net sales for the third quarter of 2024, driven by strong demand in key product areas, despite a significant loss from discontinued operations.

The Eastern Company's second quarter 2024 results show a significant increase in net income and earnings per share compared to the same period last year, driven by higher sales and improved gross margins.

The Eastern Company filed an amended annual report to include omitted exhibits, revealing a significant 57% decline in net income for fiscal year 2025 amidst lower sales and higher material costs.

The Eastern Company reported a significant decrease in net sales and net income for fiscal year 2025, driven by lower product shipments and higher material costs, despite strategic investments in new products and a share repurchase program.

The Eastern Company's 2024 10-K filing reveals a 5% increase in net sales and a 12% rise in net income compared to the previous year, driven by strong performance in truck mirror assemblies and returnable transport packaging.

The Eastern Company's 2023 annual report reveals a slight dip in sales but highlights strategic acquisitions and cost management efforts.

John Everets, a Director at Eastern Co., acquired 1,310 common shares through the company's Director's Fee Program.

Frederick D. DiSanto, a Director at Eastern Co., reported transactions involving the acquisition and disposition of common stock.

Eastern Co director Chan Galbato acquired 940 common shares through the company's Director's Fee Program.

James A. Mitarotonda, a Director and 10% Owner of Eastern Co., acquired 1,679 common shares through the company's Director's Fee Program.

Eastern Co. Director Peggy Scott acquired 1,176 common shares through the Director's Fee Program.

Director Frederick D. DiSanto acquired 2,000 shares of The Eastern Company common stock through open market purchases.

The Eastern Company announces its 2026 Annual Meeting of Shareholders, detailing board elections, executive compensation, and significant corporate governance enhancements.

The Eastern Company will hold its annual shareholder meeting virtually on April 30, 2025, to elect directors, vote on executive compensation, and ratify the appointment of its independent auditor.

The Eastern Company has filed a definitive proxy statement with the SEC.

The Eastern Company has filed a definitive proxy statement with the SEC.

The Eastern Company will hold its annual shareholder meeting virtually on April 25, 2024, to elect directors, conduct an advisory vote on executive compensation, and ratify the appointment of its independent accounting firm.

Barington Companies and James A. Mitarotonda have increased their beneficial ownership in The Eastern Company to 11.36% through recent open market purchases and director fee share acquisitions.

An amendment to a Schedule 13D filing reveals that various Gabelli-affiliated entities have decreased their collective beneficial ownership in Eastern Co. to 13.60% through a series of share sales.

Minerva Advisors and related entities, including David P. Cohen, reported an 8.8% beneficial ownership stake in The Eastern Company, with a stated intent for potential director nominations.

Minerva Advisors LLC and related entities, including David P. Cohen, reported an aggregate beneficial ownership of 8.8% of The Eastern Company's common stock.

BlackRock, Inc. has filed a Schedule 13G, reporting a 5.1% beneficial ownership stake in The Eastern Company's common stock as of June 30, 2025.