{"schema_version":"secwatch.filing_event.v1","accession":"0001654954-25-002609","form_type":"8-K","ticker":"EML","cik":"0000031107","company_name":"EASTERN CO","filed_at":"2025-03-11T23:59:59+00:00","discovered_at":"2026-05-14T18:03:05.932210+00:00","generated_at":"2026-05-25T00:15:28.986231+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 Company Q4 net income $1.6M vs $3.9M; FY2024 net income up 12% to $13.2M","bullets":["Q4 net sales +4.5% to $66.7M; net income $1.6M ($0.26/diluted) vs $3.9M ($0.63) in Q4 2023.","FY2024 net sales $272.8M (+5% YoY); net income $13.2M ($2.13/diluted) vs $11.8M ($1.88) in 2023.","Adjusted EBITDA from cont. ops FY2024 $27.1M vs $25.4M; backlog $89.2M vs $77.1M.","Gross margin in Q4 fell to 23.0% from 26.8% due to higher material costs and non-recurring LIFO adjustment.","CEO Schroeder (joined Nov 2024) appointed new presidents at two of three businesses; focus on faster execution."],"urls":{"canonical":"https://secwatch.observer/filing/0001654954-25-002609","json":"https://secwatch.observer/filing/0001654954-25-002609.json","markdown":"https://secwatch.observer/filing/0001654954-25-002609.md","text":"https://secwatch.observer/filing/0001654954-25-002609.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/31107/000165495425002609/0001654954-25-002609-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/31107/000165495425002609/eml_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-25T00:15:28.986231+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}