The eastern company reports second quarter 2025 results
Cost reduction and operational improvement program successfully implemented at big 3 precision restructuring charges totaling $1.8 million expected to drive significant, ongoing cost savings of approximately $4 million throughout eastern capital allocation focus drove debt reduction of $5.9 million and stock repurchases of approximately $2.1 million or 82,000 shares year-to-date shelton, ct / access newswire / august 5, 2025 / the eastern company ("eastern" or the "company") (nasdaq:eml), an industrial manufacturer of engineered solutions serving commercial transportation, logistics, and other industrial markets, today announced the results of operations for the second fiscal quarter ended june 28, 2025. chief executive officer ryan schroeder commented, "we made meaningful progress improving each of our businesses during the second quarter of 2025, as our strengthened leadership team continued to take decisive steps to enhance our commercial organization, reduce sg&a costs and drive greater operating efficiencies - all while successfully minimizing the impact of tariffs.
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