• Chicago Rivet & Machine posted a net loss of $362,015, or $0.37 per share, for quarter ended March 31, 2026, swinging from net income of $401,022, or $0.42 per share a year earlier.
• Sales fell 5.4% to $6.85 million, while gross margin dropped 42.2% to $958,459.
• Fastener segment sales declined 5.9% to $5.8 million, including a 5.5% drop in automotive customer sales to $3.59 million.
• Operating results reflected softer demand and cautious customer purchasing behavior amid elevated interest rates, inflationary pressures, a renewed semiconductor shortage, and broader economic uncertainty.
• Outlook for 2026 called for slightly higher production volumes, with new customer awards expected to ramp in second-half 2026, though management flagged ongoing uncertainty tied to tariffs and geopolitical events.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Chicago Rivet & Machine Co. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000019871-26-000014), on May 08, 2026, and is solely responsible for the information contained therein.