EASTERN CO
For the period ended Jul 4, 2026. Filed Aug 11, 2026.
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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.
Jul 4, 2026 · Filed Aug 11, 2026
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 · Six Months Ended | ||||||
|---|---|---|---|---|---|---|
| July 4, 2026 · June 28, 2025 · July 4, 2026 · June 28, 2025 | ||||||
| Net sales | $61,821,757 | $70,164,086 | $121,498,295 | $136,101,298 | ||
| Cost of products sold | (49,069,618) | (53,801,184) | (96,816,475) | (104,642,211) | ||
| Gross margin | 12,752,139 | 16,362,902 | 24,681,820 | 31,459,087 | ||
| Product development expense | (1,042,688) | (1,031,716) | (2,078,000) | (2,140,902) | ||
| Selling and administrative expenses | (10,051,659) | (12,188,736) | (19,621,306) | (22,534,931) | ||
| Operating profit | 1,657,792 | 3,142,450 | 2,982,514 | 6,783,254 | ||
| Interest expense | (581,318) | (636,287) | (1,108,831) | (1,330,941) | ||
| Bargain purchase gain | 6,529,299 | - | 6,529,299 | - | ||
| Other income (expense) | (101,234) | 75,210 | (88,049) | (124,495) | ||
| Income before income taxes from continuing operations | 7,504,539 | 2,581,373 | 8,314,933 | 5,327,818 | ||
| Income tax expense | (1,855,254) | (546,383) | (2,025,518) | (1,124,703) | ||
| Net income from continuing operations | $5,649,285 | $2,034,990 | $6,289,415 | $4,203,115 | ||
| Discontinued Operations (see note C) | ||||||
| Loss from operations of discontinued unit | $ | - | $(234,237) | $ | - | $(520,005) |
| Income from disposal of discontinued unit | - | 2,016,696 | - | 2,016,696 | ||
| Income tax expense | - | (377,282) | - | (315,952) | ||
| Net income from discontinued operations | $ | - | $1,405,177 | $ | - | $1,180,739 |
| Net Income | $5,649,285 | $3,440,167 | $6,289,415 | $5,383,854 | ||
| Earnings per share from continuing operations: | ||||||
| Basic | $0.94 | $0.33 | $1.04 | $0.69 | ||
| Diluted | $0.94 | $0.33 | $1.04 | $0.69 | ||
| Earnings per share from discontinued operations: | ||||||
| Basic | $ | - | $0.23 | $ | - | $0.19 |
| Diluted | $ | - | $0.23 | $ | - | $0.19 |
| Total earnings per share: | ||||||
| Basic | $0.94 | $0.56 | $1.04 | $0.88 | ||
| Diluted | $0.94 | $0.56 | $1.04 | $0.88 | ||
| Cash dividends per share: | $0.11 | $0.11 | $0.22 | $0.22 | ||
See accompanying notes
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