{"schema_version":"secwatch.filing_event.v1","accession":"0001654954-23-014491","form_type":"8-K","ticker":"EML","cik":"0000031107","company_name":"EASTERN CO","filed_at":"2023-11-16T23:59:59+00:00","discovered_at":"2026-05-14T18:03:31.612145+00:00","generated_at":"2026-06-08T01:36:06.532703+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Eastern Q3 sales $65.6M (-8% YoY); EPS $0.49, gross margin 24.9% (seq +270bp)","bullets":["Net sales $65.6M, down 8% from $71.6M in Q3 2022; backlog up 4% YoY to $89.4M.","GAAP diluted EPS from continuing ops $0.49 (sequential +123%); adjusted EPS $0.49 (sequential +23%).","Gross margin improved 270 bps sequentially to 24.9% due to repricing; YoY 25% vs 23%.","Cash from ops nine months up $19.6M; record debt paydown $15.2M YTD.","Senior net leverage 1.85x; management highlights operational transformation progress."],"urls":{"canonical":"https://secwatch.observer/filing/0001654954-23-014491","json":"https://secwatch.observer/filing/0001654954-23-014491.json","markdown":"https://secwatch.observer/filing/0001654954-23-014491.md","text":"https://secwatch.observer/filing/0001654954-23-014491.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/31107/000165495423014491/0001654954-23-014491-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/31107/000165495423014491/eml_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T01:36:06.532703+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":"6e5cccb065d90615bbf10b23038bc5bde6107e57","claim":"EASTERN CO reported third fiscal quarter ended September 30, 2023 results: revenue $65.6 million, EPS $0.49 per share.","evidence_excerpt":"Net sales in the third quarter of 2023 decreased 8% to $65.6 million from $71.6 million in the corresponding period in 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/31107/000165495423014491/0001654954-23-014491-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third fiscal quarter ended September 30, 2023"},{"label":"Revenue","value":"$65.6 million"},{"label":"EPS","value":"$0.49 per share"},{"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"}