secwatch.observer — SEC 8-K summary
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Issuer:     ALPHA PRO TECH LTD (APT)
CIK:        0000884269
Form:       8-K
Filed at:   2021-08-04T23:59:59+00:00
Accession:  0001437749-21-018438
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Alpha Pro Tech Q2 net sales down 30.2% to $17.8M; EPS $0.12 vs $0.46 YoY
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- Net income of $1.7M ($0.12 diluted EPS) vs $6.2M ($0.46) in Q2 2020, down 73.1%.
- Disposable Protective Apparel segment sales fell 55.6% to $8.0M; mask sales down 89.4%, shield sales down 93.2%.
- Disposable protective garment sales set a quarterly record, up 36.3% YoY; Building Supply segment up 31.5% to $9.8M.
- Cash of $15.5M, working capital $50.1M, no debt; inventory increased 31.3% to $22.0M.
- Repurchased 150,000 shares for $1.3M during Q2; $777K remaining under buyback program.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/884269/000143774921018438/0001437749-21-018438-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/884269/000143774921018438/apt20210803_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-21-018438

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer