EASTERN CO
For the period ended Sep 27, 2025. Filed Nov 4, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 27, 2025 · Filed Nov 4, 2025
EML$29.48+8.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Operations
| CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) | |||||
|---|---|---|---|---|---|
| Three Months Ended · Nine Months Ended | |||||
| September 27, 2025 · September 28, 2024 · September 27, 2025 · September 28, 2024 | |||||
| Net sales | $55,336,452 | $71,274,757 | $191,437,750 | $206,068,490 | |
| Cost of products sold | (42,971,012) | (53,085,087) | (147,613,222) | (154,161,980) | |
| Gross margin | 12,365,440 | 18,189,670 | 43,824,528 | 51,906,510 | |
| Product development expense | (995,771) | (1,077,930) | (3,136,673) | (3,739,214) | |
| Selling and administrative expenses | (9,646,956) | (10,316,788) | (32,181,886) | (31,014,022) | |
| Operating profit | 1,722,713 | 6,794,952 | 8,505,969 | 17,153,274 | |
| Interest expense | (688,425) | (709,680) | (2,019,365) | (2,049,655) | |
| Other expenses, net | (157,640) | (82,703) | (282,136) | (92,415) | |
| Income from continuing operations before income taxes | 876,648 | 6,002,569 | 6,204,468 | 15,011,204 | |
| Income tax expense | (297,712) | (1,333,771) | (1,422,414) | (3,335,489) | |
| Net income from continuing operations | $578,936 | $4,668,798 | $4,782,054 | $11,675,715 | |
| Discontinued Operations (see Note B) | |||||
| Loss from operations of discontinued unit | $ | - | $(766,990) | $(520,006) | $(2,750,844) |
| (Loss) gain on classification as held for sale | - | (23,087,775) | 2,016,696 | (23,087,775) | |
| Income tax benefit (expense) | - | 3,888,522 | (315,951) | 4,320,904 | |
| Net (Loss) income on discontinued operations | $ | - | $(19,966,243) | $1,180,739 | $(21,517,715) |
| Net income (loss) | $578,936 | $(15,297,445) | $5,962,793 | $(9,842,000) | |
| Earnings per share from continuing operations: | |||||
| Basic | $0.10 | $0.75 | $0.78 | $1.88 | |
| Diluted | $0.10 | $0.75 | $0.78 | $1.87 | |
| (Loss) earnings per share from discontinued operations: | |||||
| Basic | $ | - | $(3.22) | $0.19 | $(3.46) |
| Diluted | $ | - | $(3.21) | $0.19 | $(3.45) |
| Total earnings (loss) per share: | |||||
| Basic | $0.10 | $(2.47) | $0.97 | $(1.58) | |
| Diluted | $0.10 | $(2.46) | $0.97 | $(1.58) | |
| Cash dividends per share: | $0.11 | $0.11 | $0.33 | $0.33 | |
| See accompanying notes. | |||||
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