National Presto Q2 sales rise to $78.9 million, but net earnings fall to $5.5 million
National Presto Industries reported second quarter 2023 results for the quarter ended July 2, 2023. Net sales rose to $78.9 million from $77.1 million a year earlier, but net earnings fell to $5.5 million, or $0.77 per share, from $6.7 million, or $0.94 per share. For the six months, net sales rose to $159.4 million and net earnings rose to $14.4 million, or $2.02 per share, from $9.6 million, or $1.36 per share.
Key points
- Q2 2023 net sales were $78.9 million versus $77.1 million in Q2 2022.
- Q2 2023 net earnings were $5.5 million, or $0.77 per share, versus $6.7 million, or $0.94 per share, a year earlier.
- Defense segment sales rose $7.6 million, or 14.5%, while Housewares/Small Appliance sales fell $5.9 million, or 23.8%.
- Six-month net earnings were $14.4 million, or $2.02 per share, versus $9.6 million, or $1.36 per share, in the prior-year period.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 6:59 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 31, 2023.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.