Welcome to our dedicated page for Trimas Corporation news (Ticker: $TRS), a resource for investors and traders seeking the latest updates and insights on Trimas Corporation stock.
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TriMas (NASDAQ: TRS) reported a 5.4% increase in net sales to $227.1 million for the first quarter of 2024. The company saw growth in its Packaging and Aerospace segments, with diluted EPS in line with the prior year and adjusted diluted EPS up 5.7% to $0.37. Despite challenges in Specialty Products, TriMas remains optimistic about its performance for 2024. The company repurchased shares and paid dividends, maintaining a strong financial position.