{"schema_version":"secwatch.filing_event.v1","accession":"0001654954-22-014782","form_type":"8-K","ticker":"EML","cik":"0000031107","company_name":"EASTERN CO","filed_at":"2022-11-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:53.128911+00:00","generated_at":"2026-06-22T05:59:35.153614+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Eastern Company Q3 net sales $71.6M (+12%), EPS $0.72 (+18%)","bullets":["Net sales from continuing ops grew 12% to $71.6M; backlog rose to $85.7M.","Diluted EPS from continuing ops $0.72 vs $0.61; adjusted EBITDA $7.7M vs $7.1M.","Repaid nearly $3M of debt in Q3 and an additional $5M after quarter end.","Divested non-core Argo EMS on Oct 18, completing divestiture of all non-core businesses.","Current ratio improved to 2.9x; 55% of term debt fixed at 3.19% via swap."],"urls":{"canonical":"https://secwatch.observer/filing/0001654954-22-014782","json":"https://secwatch.observer/filing/0001654954-22-014782.json","markdown":"https://secwatch.observer/filing/0001654954-22-014782.md","text":"https://secwatch.observer/filing/0001654954-22-014782.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/31107/000165495422014782/0001654954-22-014782-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/31107/000165495422014782/eml_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-22T05:59:35.153614+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"e6bf9ae84aacb14e4e083b99799ba3249085b161","claim":"EASTERN CO reported the third fiscal quarter ended October 1, 2022 results: revenue $71.6 million, net income $4.5 million, EPS $0.72.","evidence_excerpt":"Net sales from continuing operations grew to a new record of $71.6 million in the third quarter of 2022, an increase of 12% compared to net sales from continuing operations in the third quarter of 2021.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/31107/000165495422014782/0001654954-22-014782-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the third fiscal quarter ended October 1, 2022"},{"label":"Revenue","value":"$71.6 million"},{"label":"Net income","value":"$4.5 million"},{"label":"EPS","value":"$0.72"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}