secwatch.observer — SEC 8-K summary
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Issuer:     NATIONAL PRESTO INDUSTRIES INC (NPK)
CIK:        0000080172
Form:       8-K
Filed at:   2021-11-01T23:59:59+00:00
Accession:  0001437749-21-024738
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/80172/000143774921024738/0001437749-21-024738-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/80172/000143774921024738/npk20211101_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-21-024738

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