secwatch.observer — SEC 8-K summary
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Issuer:     NATIONAL PRESTO INDUSTRIES INC (NPK)
CIK:        0000080172
Form:       8-K
Filed at:   2024-02-20T23:59:59+00:00
Accession:  0001437749-24-004826
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

National Presto 2023 sales $340.9M, EPS $4.86 (+67%); $4.50 dividend; $44.2M defense awards
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- Net sales $340.9M (+6.0% YoY); net earnings $34.6M ($4.86 EPS) vs $20.7M ($2.92 EPS) in 2022.
- Defense segment sales increased $39.2M (+19.4%) on improved backlog shipments; operating earnings up 21%.
- Housewares/Small Appliance sales down $20.7M (-17.5%) to $97.6M; impacted by price cuts, PFAS concerns.
- Dividend of $4.50 per share ($1.00 regular + $3.50 extra); record 3/1, payable 3/15; 80th consecutive year.
- Two Defense awards totaling $44.2M for 40mm cartridges (Ukraine) and SDB warheads; completion in 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/80172/000143774924004826/0001437749-24-004826-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/80172/000143774924004826/npk20240219_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-004826

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