secwatch.observer — SEC 8-K summary
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Issuer:     ALPHA PRO TECH LTD (APT)
CIK:        0000884269
Form:       8-K
Filed at:   2023-11-07T23:59:59+00:00
Accession:  0001437749-23-030609
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Alpha Pro Tech Q3 net income up 184% to $1.4M; building supply sales record $11.4M
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- Net sales $16.1M, +9.0% YoY; net income $1.4M ($0.12 EPS) vs $503K ($0.04 EPS).
- Building Supply segment sales record $11.4M (+19.2%); housewrap sales up 25.7%.
- Disposable Protective Apparel sales fell 10.0% to $4.6M; garments up 5.1%, masks/shields down.
- Cash $18.2M, no debt; YTD repurchased 724,110 shares for $3.0M under buyback program.
- Management expects new self-adhered roofing line in late 2023/early 2024 to drive growth.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/884269/000143774923030609/0001437749-23-030609-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/884269/000143774923030609/apt20231107_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-030609

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