TriMas

TriMas Corp. engages in the manufacture of industrial products for customers in the consumer products, aerospace, industrial, petrochemical, refinery, and oil and gas end markets. It operates through the following segments: Packaging, Aerospace, and Specialty Products. The Packaging segment designs and manufactures dispensing products, including foaming pumps, lotion and hand soap pumps, sanitizer pumps, beverage dispensers, perfume sprayers, nasal sprayers and trigger sprayers, polymeric and steel caps and closures, including food lids, flip-top closures, child resistant caps, drum and pail closures, and flexible spouts, polymeric jar products, and fully integrated dispensers for fill-ready bag-in-box applications, all for a variety of consumer product markets including, but not limited to, beauty and personal care, home care, food and beverage, and pharmaceutical and nutraceutical, as well as the industrial market. The Aerospace segment is involved in the design and manufacture of precision fasteners, tubular products and assemblies for fluid conveyance, and machined products and assemblies to serve the aerospace and defense market under the brand name Monogram Aerospace Fasteners, RSA Engineered Products and Martinic Engineering, Allfast Fastening Systems, and Mac Fasteners. The Specialty Products segment designs, manufactures, and distributes highly-engineered steel cylinders, wellhead engines, and compression systems for use within industrial markets and includes the Norris Cylinder and Arrow Engine brands. The company was founded by Brian P. Campbell in 1986 and is headquartered in Bloomfield Hills, MI.

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TriMas reports strong Q4 performance, anticipates sales growth in 2023

TriMas showcased resilience amidst market challenges, focusing on strategic acquisitions, innovation, and capital returns to shareholders. With a strong balance sheet and positive outlook for 2023, TriMas aims for sales growth, margin improvements, and strong free cash flow generation.

TriMas reports Q1 earnings, faces challenges but eyes growth

TriMas delivered mixed performance in Q1 2023 with challenges in Packaging and Aerospace but growth in Specialty Products.
The company's strategic focus on acquisitions, sustainability, and innovation positions it well for long-term success.
Despite short-term headwinds, TriMas maintains a positive outlook and reaffirms its full-year 2023 guidance.

TriMas reports solid Q2 earnings, eyes growth in specialty products

TriMas Corporation navigated a dynamic global market environment in Q2, with strong performance in Specialty Products and progress in Aerospace. Despite challenges in Packaging, the company remains focused on growth opportunities and cost-saving measures. Management expressed confidence in long-term prospects and commitment to shareholder returns.

TriMas reports solid Q3 results amidst global uncertainties and growth

TriMas delivered a solid performance in Q3, maintaining financial stability and showcasing growth potential.
While facing challenges in certain segments, the company's strategic focus on diversification and innovation positions it for long-term success.
Opportunities in aerospace market recovery, new product solutions, and market expansion offer avenues for sustained growth and shareholder value.

TriMas reports resilient Q4 performance and optimistic outlook for 2024

TriMas navigated challenges in 2023 through proactive cost-saving measures and strategic realignments, achieving positive sales growth in key segments.
The outlook for 2024 is optimistic, with forecasted sales growth, adjusted EPS, and EBITDA improvements, indicating potential for continued performance and shareholder value creation.
Analysts' inquiries into segment performance and strategic changes reflect market interest and opportunities for TriMas to enhance operational efficiencies and drive growth.
TriMas' focus on transparency, operational optimization, and market responsiveness positions the company to capitalize on emerging opportunities and navigate evolving market dynamics.

TriMas reports solid Q1 performance, eyes growth through innovation

TriMas Corporation's Q1 2024 earnings call highlighted strong performance in Packaging and Aerospace groups, offset by challenges in the Specialty Products segment.
The company's strategic focus on operational efficiency, innovation, and shareholder value underscores its commitment to sustainable growth and profitability.
With reaffirmed guidance and a proactive approach to managing its balance sheet, TriMas is well-positioned to capitalize on opportunities for expansion and market leadership.

TriMas reports strong Q2 performance, revises guidance for growth

TriMas Q2 2024 Earnings Call highlighted strong performance in Packaging and Aerospace, challenges in Specialty Products, and strategic initiatives for growth and efficiency. Revised guidance reflects confidence in future prospects.

TriMas reports solid Q3 performance, eyes growth through strategic acquisitions

TriMas Corporation's Q3 2024 earnings call showcased positive performance in key end markets, with strong sales growth in Packaging and Aerospace. Despite challenges in Aerospace, the company remains focused on capital allocation and strategic acquisitions. TriMas is optimistic about the value-creating opportunities in its core segments and the potential for growth through continuous improvement.

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TriMas Corporation (TRS) Q3 2024 Earnings Call Transcript

TriMas (TRS) came out with quarterly earnings of $0.43 per share, missing the Zacks Consensus Estimate of $0.57 per share. This compares to earnings of $0.57 per share a year ago.

TriMas (TRS) Lags Q3 Earnings and Revenue Estimates

BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--TriMas (NASDAQ: TRS) today announced financial results for the third quarter ended September 30, 2024. TriMas Third Quarter Highlights Achieved core sales growth within its Packaging and Aerospace segments of 12.3% and 4.8%, respectively Continued to experience sales recovery in the beauty & personal care and industrial packaging end markets, which were impacted most in 2023 Resolved 10-week work stoppage at one of its Aerospace locations, which imp.

TriMas Reports Third Quarter 2024 Results

BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--TriMas Packaging, the largest operating group within TriMas (NASDAQ: TRS), will showcase its latest beauty and cosmetic packaging innovations at Beautyworld Middle East 2024, held at the Dubai World Trade Centre, Booth #3-H19, from October 28th to 30th. As the region's premier international trade fair for beauty and wellness products, fragrances and beauty accessories—and one of the leading beauty shows worldwide—Beautyworld Middle East provides TriMas.

Trimas Packaging to Exhibit Latest Innovations at Beautyworld Middle East

BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--TriMas (NASDAQ: TRS) today declared a quarterly cash dividend of $0.04 per share of TriMas Corporation stock. The quarterly dividend is payable on November 12, 2024, to shareholders of record as of the close of business on November 5, 2024. About TriMas TriMas manufactures a diverse set of products primarily for the consumer products, aerospace and industrial markets through its TriMas Packaging, TriMas Aerospace and Specialty Products groups. Our appro.

TriMas Declares Quarterly Dividend

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BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--TriMas (NASDAQ: TRS) announced today that it will host its third quarter 2024 earnings conference call on Monday, November 4, 2024. The conference call will begin at 10 a.m. Eastern Time and will follow the Company's release of third quarter 2024 earnings results at 8 a.m. that day. To participate on the earnings conference call, please dial: (877) 407-0890 (U.S. and Canada) or +1 (201) 389-0918 (outside the U.S. and Canada) and ask to be connected to t.

TriMas Announces Third Quarter 2024 Earnings Conference Call Date

BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--TriMas Packaging, the largest division of TriMas (NASDAQ: TRS), will exhibit at LUXE PACK Monaco 2024, at the Grimaldi Forum in the Ravel Hall, at Booth #RD10, from September 30th to October 2nd. As the premier trade show for luxury packaging, LUXE PACK features global packaging manufacturers and their most creative innovations and technologies. TriMas Packaging, and its market-leading brands, consisting of Rieke®, Aarts Packaging, Affaba & Ferrari™.

TriMas Packaging to Attend LUXE PACK Monaco 2024

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TriMas (TRS) reported earnings 30 days ago. What's next for the stock?

TriMas (TRS) Up 1.6% Since Last Earnings Report: Can It Continue?

TriMas' (TRS) Q2 top line reflects growth in the packaging and aerospace segments, offset by a decline in the Specialty Products segment.

TriMas (TRS) Q2 Earnings Miss Estimates, Revenues Rise Y/Y

TriMas Corporation (NASDAQ:TRS ) Q2 2024 Earnings Conference Call July 30, 2024 10:00 AM ET Company Participants Sherry Lauderback - Vice President, Investor Relations Thomas Amato - President & Chief Executive Officer Scott Mell - Chief Financial Officer Conference Call Participants Ken Newman - KeyBanc Capital Markets Hamed Khorsand - BWS Financial Operator Greetings, and welcome to the TriMas Second Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.

TriMas Corporation (TRS) Q2 2024 Earnings Call Transcript

TriMas (TRS) came out with quarterly earnings of $0.43 per share, missing the Zacks Consensus Estimate of $0.53 per share. This compares to earnings of $0.50 per share a year ago.

TriMas (TRS) Q2 Earnings Miss Estimates

BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--TriMas (NASDAQ: TRS) today announced financial results for the second quarter ended June 30, 2024. TriMas Second Quarter Highlights Achieved organic sales growth within its Packaging and Aerospace segments of 13.0% and 27.6%, respectively Increased net sales by 3.1%, as its two largest segments offset decreased demand within Specialty Products Improved adjusted operating profit margin within its Aerospace segment by 730 basis points year-over-year Reduc.

TriMas Reports Second Quarter 2024 Results

TriMas' Shares have Underperformed its Peers and the Market Over a Long-Term Period Believes TriMas' Multi-Segment Structure has Done Little to Benefit Stockholders Recommends TriMas Sell its Aerospace Segment or the Entire Company NEW YORK , July 29, 2024 /PRNewswire/ -- Barington Capital Group, L.P. and its affiliates, including The Eastern Company (NasdaqGM: EML) ("Barington" or "we"), which collectively own approximately 1.5% of TriMas Corporation (NasdaqGS: TRS) ("TriMas" or the "Company"), announced today that it has sent a letter to the Chairman of the Board of TriMas, Herbert K.

BARINGTON CAPITAL GROUP CALLS FOR TRIMAS TO CONSIDER A RANGE OF STRATEGIC ALTERNATIVES TO ADDRESS IT LONG-TERM SHARE PRICE UNDERPERFORMANCE

BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--TriMas (NASDAQ: TRS) announced today that it will host its second quarter 2024 earnings conference call on Tuesday, July 30, 2024. The conference call will begin at 10 a.m. Eastern Time and will follow the Company's release of second quarter 2024 earnings results at 8 a.m. that day. To participate on the earnings conference call, please dial: (877) 407-0890 (U.S. and Canada) or +1 (201) 389-0918 (outside the U.S. and Canada) and ask to be connected to t.

TriMas Announces Second Quarter 2024 Earnings Conference Call Date

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The heavy selling pressure might have exhausted for TriMas (TRS) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.

Down -5.13% in 4 Weeks, Here's Why You Should You Buy the Dip in TriMas (TRS)

TriMas (TRS) Up 2.5% Since Last Earnings Report: Can It Continue?

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TriMas (TRS) is a Top-Ranked Momentum Stock: Should You Buy?

TriMas' (TRS) Q1 top and bottom lines reflect organic growth in both aerospace and packaging segments.

TriMas (TRS) Q1 Earnings & Revenues Top Estimates, Rise Y/Y

TriMas Corporation (NASDAQ:TRS ) Q1 2024 Results Conference Call April 30, 2024 10:00 AM ET Company Participants Sherry Lauderback - Vice President of Investor Relations & Communications Thomas Amato - President & CEO Scott Mell - CFO Conference Call Participants Ken Newman - KeyBanc Capital Markets Hamed Khorsand - BWS Financial Operator Greetings, and welcome to the TriMas First Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.

TriMas Corporation (TRS) Q1 2024 Earnings Call Transcript

BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--TriMas (NASDAQ: TRS) today announced financial results for the first quarter ended March 31, 2024. TriMas First Quarter Highlights Achieved quarterly net sales growth of 5.4% to $227.1 million Increased net sales within TriMas Packaging, its largest segment, by 9.3%, and TriMas Aerospace by 34.7% Diluted EPS was in line with the prior year quarter, and adjusted diluted EPS(2) increased 5.7% to $0.37 Repurchased 540,037 shares of common stock, reducing n.

TriMas Reports First Quarter 2024 Results

BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--TriMas (NASDAQ: TRS) today announced that its TriMas Packaging group has received a prestigious supplier award from Grupo Boticário. The Silver Award was presented to TriMas Packaging at Grupo Boticário's recent 27th Annual Supplier Conference in Curitiba, Brazil. This is the first time TriMas Packaging, or any of its business lines, has received recognition from Grupo Boticário. “We are honored to receive this recognition from Grupo Boticário, which no.

TriMas Packaging Receives Silver Award as Strategic Supplier

BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--TriMas Packaging, the largest division of TriMas (NASDAQ: TRS), will exhibit its innovative and sustainable dispensing and closure solutions at two prominent beauty, cosmetics and personal care shows this May. LUXE PACK, renowned as the premier show for luxury packaging solutions, will take place on May 8th and May 9th at the Javits Center in New York City, New York. At Booth #A27, TriMas Packaging and its market-leading brands, consisting of Rieke®, Aa.

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