National Presto Q3 net sales down 7.1% to $87.2M; EPS falls to $0.58 from $1.72

NATIONAL PRESTO INDUSTRIES INC

Net earnings $4.1M ($0.58 EPS) vs $12.1M ($1.72 EPS) in prior year quarter.
Net sales $87.2M, down 7.1% YoY; Defense segment revenue down 11% ($7.3M).
Housewares/Small Appliance segment incurred a $6.3M operating loss from high freight and commodity costs.
Safety segment startups Rusoh and OneEvent operated at a loss as expected.
Portfolio earnings declined due to Fed rate remaining at 0–0.25% despite inflation.

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