secwatch.observer — SEC 8-K summary
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Issuer:     NATIONAL PRESTO INDUSTRIES INC (NPK)
CIK:        0000080172
Form:       8-K
Filed at:   2022-08-02T23:59:59+00:00
Accession:  0001437749-22-018416
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/80172/000143774922018416/0001437749-22-018416-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/80172/000143774922018416/npk20220801_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-018416

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