The Eastern Company Reports Third Quarter 2025 Results
The Eastern panyThe Eastern pany(US:EML) Accessnewswire·2025-11-04 21:50

Core Insights - The Eastern Company reported a 22% decline in sales for the third quarter compared to the same period in 2024 [1] - A new $100 million credit facility has been established to support long-term growth [1] - The company has focused on capital allocation, resulting in a year-to-date debt reduction of $7 million and stock repurchases totaling approximately $3 million, equivalent to 118,000 shares [1] - The downturn in the heavy-duty truck and automotive market negatively impacted the company's third quarter results, as noted by CEO Ryan Schroeder [1]