Believes Now is the Optimal Time Given the Contemplated CEO TransitionNEW YORK, Jan. 10, 2025 /PRNewswire/ -- Barington Capital Group, L.P., which together with its affiliates collectively owns approximately 1.5% of TriMas Corporation (NasdaqGS: TRS), announced today that it has sent a letter to Herbert K. Parker, the Chairman of the Board of Directors of TriMas, urging the Board to immediately retain a financial advisor to pursue strategic alternatives for the Company.The full text of Barington's letter to ...

TriMas Corporation (TRS) announced that it opened a highly developed 225,000-square-foot facility in Haining, China, for its TriMas Packaging group . This move reflects the company’s commitment to offering its customers high-quality packaging solutions, focusing on operational excellence and innovation.Details of TriMas’ New FacilityTriMas announced last year that it would consolidate two manufacturing facilities into one to better serve customers across China and the wider Asia markets. The company closed ...

TriMas Corporation’s (TRS) shares gained 10% since it reported its third-quarter 2024 earnings on Nov. 4. TriMas reported third-quarter 2024 adjusted earnings per share (EPS) of 43 cents (including non-cash compensation expenses), which missed the Zacks Consensus Estimate of 57 cents. The bottom line declined 31.7% from the prior-year quarter due to weak demand in the Specialty Products segment and delayed shipments due to a 10-week work stoppage at an aerospace location. Despite weaker-than-expected earnin ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON D.C. 20549 FORM 10-Q (Mark One) ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the Quarterly Period Ended September 30, 2024 Or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the Transition Period from to . Commission file number 001-10716 TRIMAS CORPORATION (Exact name of registrant as specified in its charter) Delaware 38-2687639 (Stat ...

Third Quarter 2024 Earnings Presentation November 4, 2024 Disclaimer Forward-Looking Statements Any "forward-looking" statements, within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, contained herein, including those relating to TriMas' business, financial condition or future results, involve risks and uncertainties with respect to, including, but not limited to: general economic and currency conditions; competitive factors; market demand; o ...

TriMas Corporation (NASDAQ:TRS) Q3 2024 Earnings Conference Call November 4, 2024 10:00 AM ET Company Participants Sherry Lauderback - Vice President, Investor Relations Thomas Amato - President and Chief Executive Officer Scott Mell - Chief Financial Officer Conference Call Participants Ken Newman - KeyBanc Capital Markets Hamed Khorsand - BWS Financial Operator Greetings, and welcome to the TriMas Third Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode. A brie ...

TRIMAS REPORTS THIRD QUARTER 2024 RESULTS Continued Organic Sales Growth in its Two Largest Segments BLOOMFIELD HILLS, Michigan, November 4, 2024 - TriMas (NASDAQ: TRS) today announced financial results for the third quarter ended September 30, 2024. TriMas Third Quarter Highlights • Achieved core sales growth within its Packaging and Aerospace segments of 12.3% and 4.8%, respectively • Continued to experience sales recovery in the beauty & personal care and industrial packaging end markets, which were impa ...

Vancouver, British Columbia--(Newsfile Corp. - October 10, 2024) - Tres-Or Resources Ltd. (TSXV: TRS) (OTC Pink: TRSFF) is pleased to announce the appointment of Mr. Martin Doyle, P.Geo. to the Board of Directors. Martin worked in diamond exploration and resource evaluation for over 34 years in the De Beers Group, beginning as a field geologist in Botswana. He continued in exploration and resource evaluation in marine diamonds in Namibia for 10 years followed by marine and alluvial gold evaluation in South ...

It has been about a month since the last earnings report for TriMas (TRS) . Shares have added about 1.6% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is TriMas due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. TriMas Q2 Earnings Miss Estimates, Revenues Rise Y/Y TriM ...

TriMas Corporation (TRS) reported second-quarter 2024 adjusted earnings per share (EPS) of 43 cents (including non-cash compensation expenses), which missed the Zacks Consensus Estimate of 53 cents. The bottom line declined 23.2% from the prior-year quarter. Including the impacts of one-time items, the company reported an EPS of 27 cents compared with the year-ago quarter's 26 cents. The company's revenues increased 3.1% year over year to $241 million. Organic sales growth in packaging and aerospace product ...