National Presto raises 2023 sales to $340.9 million and earnings to $34.6 million
National Presto reported 2023 net sales of $340.9 million, up 6.0%, and net earnings of $34.6 million ($4.86 per share), up from $20.7 million ($2.92 per share) in 2022. The Board also declared a 2024 dividend of $1.00 regular plus $3.50 extra per share, and disclosed two Defense segment awards totaling $44.2 million.
Key points
- Net sales rose to $340.9 million from $321.6 million, led by a $39.2 million increase in Defense segment sales.
- Net earnings were $34.6 million ($4.86 per share), compared with $20.7 million ($2.92 per share) in 2022.
- 2024 dividend is $1.00 regular plus $3.50 extra per share; record date March 1, 2024, payment date March 15, 2024.
- Two Defense awards totaling $44.2 million cover 40mm cartridges for Ukraine and Small Diameter Bomb warheads, with completion scheduled for 2024.
The filing
Written by AI on Nov 8, 2026, 6:59 AM ET, from this filing 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 February 20, 2024.
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