Every material Form 8-K National Presto Industries filed with the SEC in 2023, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
National Presto reported third-quarter 2023 net sales of $83.1 million, up 19.3% from a year earlier, driven by higher Defense segment shipments from backlog. Net earnings fell to $7.0 million, or $0.99 per share, from $8.9 million, or $1.26 per share, as Housewares/Small Appliances sales and operating profit declined, so shareholders saw higher revenue alongside lower per-share profit.
Q3 net sales $83.1 million vs. $69.7 million in the prior-year quarter; Defense segment net sales rose $19.0 million, or 44.8%
Q3 net earnings $7.0 million ($0.99 per share) vs. $8.9 million ($1.26 per share)
Housewares/Small Appliances net sales fell $5.6 million, or 20.6%, and its operating profit dropped $5.3 million, or 87.5%, citing a major repair and higher insurance costs
Nine-month net sales $242.5 million and net earnings $21.4 million ($3.01 per share), vs. $207.6 million and $18.5 million ($2.62 per share) a year earlier
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.
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.
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.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every National Presto Industries filing is on SEC EDGAR ↗. 8-K briefs of other companies →