The Eastern Company

The Eastern Company reported net sales of $249.0 million for fiscal year 2025 (ended January 3, 2026), a decrease from $272.8 million in 2024. Net income from continuing operations was $6.0 million ($0.98 per diluted share), down from $13.2 million ($2.13 per diluted share) in the prior year. The decline was primarily driven by decreased sales in the Engineered Solutions segment, particularly for returnable transport packaging products, as indicated by a backlog reduction from $89.2 million to $81.1 million. The company completed the sale of the ISBM division of Big 3 Mold in April 2025 and reclassified remaining Big 3 Mold divisions to continuing operations. With 1,246 employees and operations across North America and Asia, Eastern focuses on engineered solutions for industrial markets while maintaining a working capital to sales ratio of 28.8% in 2025.

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