secwatch.observer — SEC 8-K summary
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Issuer:     NATIONAL PRESTO INDUSTRIES INC (NPK)
CIK:        0000080172
Form:       8-K
Filed at:   2022-02-14T23:59:59+00:00
Accession:  0001437749-22-003210
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

National Presto 2021 net earnings fall 45.4% to $25.7M; declares $4.50 dividend
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- Net earnings $25.7M ($3.64/share) vs $47.0M ($6.67/share) in 2020, down 45.4%.
- Net sales $355.8M up 0.9%; Housewares sales down 1.5% due to supply chain disruption.
- All segment operating profits down; Housewares had operating loss from freight/material cost increases.
- 2022 dividend: $4.50/share ($1.00 regular + $3.50 extra); record March 1, pay March 15.
- Defense backlog healthy; but supply chain issues, labor shortages, and inflation remain headwinds.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/80172/000143774922003210/0001437749-22-003210-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/80172/000143774922003210/npk20220211_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-003210

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