The Eastern Co 2026年季度报告

FORM 10-Q (Mark One) ☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934for the quarterly period ended April 4, 2026 OR ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934for the transition period from ________________ to _______________ Commission File Number 001-35383 THE EASTERN COMPANY (Exact name of registrant as specified in its charter) 06-0330020(I.R.S. Employer 06484(Zip Code) 3 Enterprise Drive, Suite 408, Shelton, Connecticut(Address of principal executive offices) (203) 729-2255(Registrant’s telephone number, including area code) Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports),and (2) has been subject to such filing requirements for the past 90 days. Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that theregistrant was required to submit such files). Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smallerreporting company, or an emerging growth company. See definitions of “large accelerated filer,” “accelerated filer,” “smaller reportingcompany,” and “emerging growth company” in Rule 12b-2 of the Exchange Act. Large accelerated filerNon-accelerated filer Accelerated filerSmaller reporting companyEmerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes☐No☒ As of April 4, 2026, 6,030,914 shares of the registrant’s common stock, no par value per share, were issued and outstanding. The Eastern CompanyForm 10-Q FOR THE QUARTERLY PERIOD ENDED APRIL 4, 2026 TABLE OF CONTENTS PART IFINANCIAL INFORMATION Item 1.Financial Statements (unaudited)3.Condensed Consolidated Statements of Operations3.Condensed Consolidated Statements of Comprehensive Income4.Condensed Consolidated Balance Sheets5.Condensed Consolidated Statements of Cash Flows7.Condensed Consolidated Statements of Shareholders’ Equity8.Notes to Condensed Consolidated Financial Statements9.Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations20.Item 3.Quantitative and Qualitative Disclosures About Market Risk28.Item 4.Controls and Procedures28.PART IIOTHER INFORMATIONItem 1.Legal Proceedings29.Item 1A.Risk Factors29.Item 2.Unregistered Sales of Equity Securities and Use of Proceeds29.Item 3.Defaults Upon Senior Securities29.Item 4.Mine Safety Disclosures29.Item 5.Other Information29.Item 6.Exhibits30.SIGNATURES31. PART I – FINANCIAL INFORMATION ITEM 1 – FINANCIAL STATEMENTS THE EASTERN COMPANYCONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) THE EASTERN COMPANYCONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (UNAUDITED) Three Months EndedApril 4,2026March 29,2025Net income$640,130$1,943,689Other comprehensive income:Change in foreign currency translation161,186715,575Change in fair value of foreign currency swap99,151197,172Change in pension and postretirement benefit costs, net of taxes:2026 - $62,136; 2025 - $60,963211,301205,725Total other comprehensive income471,6381,118,472Comprehensive income$1,111,768$3,062,161 THE EASTERN COMPANYCONDENSED CONSOLIDATED BALANCE SHEETS THE EASTERN COMPANYCONDENSED CONSOLIDATED BALANCE SHEETS (CONTINUED) THE EASTERN COMPANYCONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) 1Includes cash from assets held for sale of $1.2 million as of March 29, 2025 THE EASTERN COMPANYCONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY (UNAUDITED) THE EASTERN COMPANYNOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)April 4, 2026 Note A – Basis of Presentation The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with the instructions toForm 10-Q and Rule 8-03 of Regulation S-X and do not include all the information and footnotes required by generally acceptedaccounting principles in the United States (“GAAP”) for complete financial statements. Refer to the consolidated financial statementsof The Eastern Company (together with its consolidated subsidiaries, the “Company,” “we,” “us” or “our”) and the notes theretoincluded in the Company’s Annual Report on Form 10-K for the year ended Ja