---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-25-005146"
form_type: "8-K"
ticker: "EML"
cik: "0000031107"
company_name: "EASTERN CO"
filed_at: "2025-05-06T23:59:59+00:00"
generated_at: "2026-05-22T14:58:18.939181+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Eastern Q1 net sales down 2% to $63.3M; EPS $0.31; new 400K share buyback authorized

## Summary
- Net sales from continuing ops $63.3M (down 2% YoY); diluted EPS $0.31 vs $0.34.
- Adjusted EBITDA from continuing ops $4.6M, down from $4.8M in Q1 2024.
- Gross margin fell to 22.4% from 23.9% due to higher raw material costs.
- Completed sale of Big 3 Mold's ISBM business on April 30, 2025.
- Completed 200K-share buyback; Board authorized new 400K-share repurchase program (through May 2030).

## SEC filing metadata
- accession: 0001654954-25-005146
- form_type: 8-K
- ticker: EML
- cik: 0000031107
- company_name: EASTERN CO
- filed_at: 2025-05-06T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/31107/000165495425005146/0001654954-25-005146-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/31107/000165495425005146/eml_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-25-005146
- JSON: https://secwatch.observer/filing/0001654954-25-005146.json
- Plain text: https://secwatch.observer/filing/0001654954-25-005146.txt

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