{"schema_version":"secwatch.filing_event.v1","accession":"0001654954-24-003007","form_type":"8-K","ticker":"EML","cik":"0000031107","company_name":"EASTERN CO","filed_at":"2024-03-12T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.534756+00:00","generated_at":"2026-06-04T23:30:51.877879+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Eastern Company Q4 net income jumps to $0.56 EPS; full year net income down 22%","bullets":["Q4 net sales $67.0M (-3% YoY); gross margin improved to 26.8% from 16.6%.","Q4 diluted EPS $0.56 vs $0.03; adjusted diluted EPS $0.56 vs $0.11.","Full year net income $8.6M ($1.37 EPS) vs $11.1M ($1.77 EPS); adjusted EPS $1.81 flat.","Operating cash flow $26.5M in 2023; debt reduced by $20.2M; net leverage down to 1.41x.","Backlog up 10.5% to $80.1M; management adds 'One Eastern' supply chain strategy."],"urls":{"canonical":"https://secwatch.observer/filing/0001654954-24-003007","json":"https://secwatch.observer/filing/0001654954-24-003007.json","markdown":"https://secwatch.observer/filing/0001654954-24-003007.md","text":"https://secwatch.observer/filing/0001654954-24-003007.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/31107/000165495424003007/0001654954-24-003007-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/31107/000165495424003007/eml_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T23:30:51.877879+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":"7efacb1003db3e2bf6ca3f09d02c9d5187e96539","claim":"EASTERN CO reported financial results for the fourth fiscal quarter and full year ended December 30, 2023.","evidence_excerpt":"Press Release dated March 12, 2024, announcing the fourth quarter and full year earnings for 2023 is attached hereto.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/31107/000165495424003007/0001654954-24-003007-index.htm","confidence":0.7,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth fiscal quarter and full year ended December 30, 2023"},{"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"}