8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report: April 23, 2014

(Date of earliest event reported)

The Eastern Company

 (Exact name of Registrant as specified in its charter)

Connecticut	0-599	06-0330020
(State or other jurisdiction	(Commission File Number)	(IRS Employer
of incorporation)		identification No.)

112 Bridge Street, Naugatuck, Connecticut	06770
(Address of principal executive offices)	(Zip Code)

(203) 729-2255

 (Registrant’s telephone number, including area code)

________________________________________________

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2)

[ ]  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[ ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[ ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[ ]  Pre-commencement communications pursuant to Rule 13e-4( c) under the Exchange Act (17 CFR 240.13e-4( c))

Section 2 – Financial Information

ITEM 2.02 - Results of Operations and Financial Condition

Press Release dated April 23, 2014 announcing the first quarter earnings for 2014 is attached hereto.

Section 7 – Regulation FD

ITEM 7.01 - Regulation FD Disclosure

On April 23, 2014, The Eastern Company released the first quarter earnings of 2014.  A copy of the Press Release dated April 23, 2014 announcing the first quarter earnings for 2014 is attached hereto.

Section 9 – Financial Statements and Exhibits

ITEM 9.01 - (d) Exhibits

(99)   Press Release dated April 23, 2014 announcing the first quarter earnings for 2014.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, The Registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.

The Eastern Company

Date: April 23, 2014	By: /s/John L. Sullivan III
	John L. Sullivan III Vice President and Chief Financial Officer

EX-99

Exhibit 99

FOR IMMEDIATE RELEASE                                                                           

April 23, 2014

THE EASTERN COMPANY REPORTS RESULTS

FOR THE FIRST QUARTER OF 2014

Naugatuck, CT–The Eastern Company (NASDAQ-EML) today announced the results of its operations for the first quarter of 2014.  Sales for the quarter were $35.8 million, compared to $34.7 million for the same period in 2013, a 3% increase. Net Income for the first quarter was $1.5 million, or $0.24 per diluted share, compared to $1.0 million, or $0.16 per diluted share in the first quarter of 2013, a 50% increase.

Leonard F. Leganza, Chairman, President and CEO stated, “The Company’s sales growth of 3% in the first quarter of 2014 was a slight improvement compared to last year and is an encouraging sign for the year ahead. Most of our operating units are suppliers of product to original equipment manufacturers whose activities were slowed down during the past few years. We are well positioned to meet any future demand and growth in the many markets we serve.”

Mr. Leganza continued, “The Company was recently selected as the supplier of a lightweight honeycomb composite sleeper for a new line of Class 8 trucks to be produced in North Carolina.  The truck design is based on a vehicle used in the upcoming movie ‘Transformers: Age of Extinction’ for which our CCV Subsidiary supplied the sleeper cab.”

Mr. Leganza concluded, “To whatever degree general economic conditions might not improve, the Company will continue as in the past few years to invest in new product development and our infrastructure in anticipation of stronger future business conditions.  The focus and emphasis we have placed on cash flow during these recent years of economic uncertainties have maintained the Company in solid financial position and we continue to be confident that our current liquidity position will be sufficient and strong enough to meet our debt service requirements, replace and upgrade our capital equipment programs as needed and support our dividend policy.”

The Eastern Company is a 156-year-old manufacturer of industrial hardware, security products and metal castings.  It operates from eleven locations in the U.S., Canada, Mexico, Taiwan and China.  The diversity of the Company’s products helps it to respond to the changing requirements of a broad array of markets.

Forward-Looking Statements: Information in this news release contains statements which reflect the Company’s current expectations regarding its future operating performance and achievements.  Actual results may differ due to the many economic uncertainties that affect the Company’s business environment.  Further information about the potential factors which could affect the Company’s financial results is included in the Company’s reports and filings with the Securities and Exchange Commission.  The Company is not obligated to update or revise the aforementioned statements for those new developments.

Contact:                 Leonard F. Leganza or John L. Sullivan III

(203) 729-2255

Consolidated Statement of  Operations (unaudited)
THE EASTERN COMPANY (NASDAQ - EML)
		THREE Months Ended
		March 29, 2014	March 30, 2013
Net Sales		$   35,849,126	$  34,692,174
Net Income After Tax		1,502,885	1,005,248
Net Income Per Share:
Basic		$             0.24	$            0.16
Diluted		$             0.24	$            0.16
Weighted average
shares outstandings:
	Basic	6,222,213	6,219,775
	Diluted	6,239,149	6,236,842