Chicago Rivet Posts $916K Q3 Loss Despite 2.3% Sales Gain
Warrenville, Ill. – November 06, 2026 -- Chicago Rivet & Machine Co. (NYSE American: CVR) swung to a third-quarter net loss of $915,977, against net income of $67,572 a year earlier, even as net sales rose 2.3% to $7,530,167.
Third-quarter sales rise $169,883 while pretax result turns negative
Quarterly net sales climbed from $7,360,284 in the third quarter of 2025. Pretax results moved from income of $67,281 to a loss of $916,103. The loss equals $0.95 per common share, compared with earnings of $0.07 per share in the prior-year period.
Nine-month net loss reaches $2.27 million as sales slip 1.3%
For the first nine months of 2026, net sales totaled $21,618,309, down from $21,903,997 in the same period of 2025, a decline of $285,688. The company recorded a pretax loss of $2,267,085, compared with pretax income of $73,615 a year earlier.