TriMas Corp. (TRS) Misses Q3 EPS by 1c; Offers FY23 EPS Guidance

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TriMas Reports Third Quarter 2023 Results

October 26, 2023 8:00 AM EDT

Achieves 7.7% Net Sales Growth in the Quarter

BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)-- TriMas (NASDAQ: TRS) today announced financial results for the third quarter ended September 30, 2023.

TriMas Third Quarter Highlights

Achieved net sales of $235.3 million, or growth of 7.7%, compared to the prior year quarter Improved margin levels within the TriMas Packaging group through enhanced cost savings efforts Increased net sales within the TriMas Aerospace and TriMas Specialty Products groups by 48.8% and 18.1%, respectively, compared to third quarter... More