---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-013151"
form_type: "8-K"
ticker: "APT"
cik: "0000884269"
company_name: "ALPHA PRO TECH LTD"
filed_at: "2023-05-09T23:59:59+00:00"
generated_at: "2026-06-15T11:23:07.314231+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Alpha Pro Tech Q1 2023 net sales down 21.9%; net income falls 63.7% to $0.05 EPS

## Summary
- Net sales $13.8M (-21.9% YoY); net income $552K ($0.05 diluted EPS) vs $1.5M ($0.12) prior year.
- Building Supply segment sales down 15.7% to $8.6M; Disposable Protective Apparel down 30.4% to $5.2M.
- Disposable protective garment sales up 10.6% to $4.4M; face mask/shield sales declined over 75%.
- Cash $13.8M, no debt; working capital $50.1M; repurchased 200K shares for $833K in Q1.
- Gross profit margin 36.1% vs 36.5% prior year; management expects improvement as lower-cost inventory sells.

## SEC filing metadata
- accession: 0001437749-23-013151
- form_type: 8-K
- ticker: APT
- cik: 0000884269
- company_name: ALPHA PRO TECH LTD
- filed_at: 2023-05-09T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/884269/000143774923013151/0001437749-23-013151-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/884269/000143774923013151/apt20230505_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-013151
- JSON: https://secwatch.observer/filing/0001437749-23-013151.json
- Plain text: https://secwatch.observer/filing/0001437749-23-013151.txt

## Key facts
- Earnings Releases
  ALPHA PRO TECH LTD reported the three month period ended March 31, 2023 results: revenue $13.8 million.
  - Period: the three month period ended March 31, 2023
  - Revenue: $13.8 million
  - Result: reported results
  source text: Net sales for the first quarter of 2023 were $13.8 million, down 21.9%, compared to $17.7 million for the first quarter of 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/884269/000143774923013151/0001437749-23-013151-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.