secwatch.observer — SEC 8-K summary
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Issuer:     NATIONAL PRESTO INDUSTRIES INC (NPK)
CIK:        0000080172
Form:       8-K
Filed at:   2023-02-22T23:59:59+00:00
Accession:  0001437749-23-004165
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

National Presto Industries 2022 sales $321.6M (-9.6%), EPS $2.92; declares $4.00 dividend; elects new VP Sales
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- Net sales $321.6M, down 9.6% YoY; net earnings $20.7M ($2.92 per share), down 19.3%.
- Defense segment sales declined $37.0M (15.5%) due to supply chain and labor shortages; operating earnings down 38.2%.
- Housewares/Small Appliance returned to profitability with $5.3M operating profit vs prior year loss.
- Dividend declared $4.00 per share ($1.00 regular + $3.00 extra), record date March 1, 2023, payable March 15, 2023.
- John MacKenzie elected VP of Sales, replacing retired Richard L. Jeffers; MacKenzie joined company in 2016.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/80172/000143774923004165/0001437749-23-004165-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/80172/000143774923004165/npk20230220_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-004165

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