---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-22-010778"
form_type: "8-K"
ticker: "EML"
cik: "0000031107"
company_name: "EASTERN CO"
filed_at: "2022-08-09T23:59:59+00:00"
generated_at: "2026-06-24T02:23:34.349941+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Eastern Company reports record Q2 net sales of $69.5M; EPS $0.59, up 34% YoY

## Summary
- Net sales from continuing ops rose 14% to $69.5M (Q2 2022 vs Q2 2021); diluted EPS $0.59 vs $0.44.
- Backlog at quarter end $82.8M; current ratio improved to 3.0x; repurchased 29,762 shares.
- First-half 2022 net income from continuing ops $6.4M (prior $8.4M); adjusted net income $6.6M vs $7.1M.
- Growth driven by transport packaging (Big 3 Precision) and new OEM vehicle launches; pricing actions offsetting raw material inflation.

## SEC filing metadata
- accession: 0001654954-22-010778
- form_type: 8-K
- ticker: EML
- cik: 0000031107
- company_name: EASTERN CO
- filed_at: 2022-08-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/31107/000165495422010778/0001654954-22-010778-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/31107/000165495422010778/eml_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-22-010778
- JSON: https://secwatch.observer/filing/0001654954-22-010778.json
- Plain text: https://secwatch.observer/filing/0001654954-22-010778.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.