NPK Q2 sales down 11.5% to $77.1M; EPS falls to $0.94 from $1.32

NATIONAL PRESTO INDUSTRIES INC

Q2 net earnings $6.68M, down 28.1% YoY; H1 net earnings $9.6M vs $18.3M (-47.5%).
Defense segment sales dropped 18.3% (-$11.7M) due to supply chain issues; Defense operating earnings down 39.1%.
Housewares/Small Appliance segment sales up 7.1% (+$1.6M) with nominal operating profit vs loss last year.
Management cites persistent labor shortages, supply chain disruptions, and elevated ocean freight costs.

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