secwatch.observer — SEC 8-K summary
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Issuer:     NATIONAL PRESTO INDUSTRIES INC (NPK)
CIK:        0000080172
Form:       8-K
Filed at:   2021-08-02T23:59:59+00:00
Accession:  0001437749-21-018139
Event type: earnings
Sentiment:  negative
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

National Presto Q2 EPS $1.32 (-26.6% YoY); sales flat; Housewares segment sees operating loss
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- Net earnings $9.3M ($1.32/sh) vs $12.7M ($1.80) in prior year; six-month EPS $2.59 down from $2.97.
- Net sales flat at $87.1M; Housewares/Small Appliance sales down 10.9% ($2.8M) on supply chain issues.
- Operating loss at Housewares/Small Appliance from higher commodity costs and ocean freight rate hikes.
- Defense segment shipments improved from backlog; operating profit down 1% on unfavorable mix.
- Startups Rusoh and OneEvent operated at a loss; portfolio earnings fell due to Fed rate cut to 0-0.25%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/80172/000143774921018139/0001437749-21-018139-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/80172/000143774921018139/npk20210801_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-21-018139

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