---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-015237"
form_type: "8-K"
ticker: "APT"
cik: "0000884269"
company_name: "ALPHA PRO TECH LTD"
filed_at: "2024-05-08T23:59:59+00:00"
generated_at: "2026-06-02T14:57:03.255867+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Alpha Pro Tech Q1 net sales down 2.3% to $13.5M; net income up 4.3% to $576K

## Summary
- Building Supply segment sales fell 4.5% to $8.2M; housewrap sales rose 24.3% but other woven materials plunged 71.4%.
- Disposable Protective Apparel sales edged up 1.4% to $5.24M; face mask and shield sales improved sequentially.
- Gross margin expanded to 40.2% from 36.1% YoY; operating income fell 23.5% to $326K on higher SG&A.
- Diluted EPS flat at $0.05; cash $18.5M, no debt; working capital $50.3M with current ratio 25:1.
- Repurchased 270K shares for $1.4M in Q1; $777K remaining under program plus $2.0M expansion announced post-quarter.

## SEC filing metadata
- accession: 0001437749-24-015237
- form_type: 8-K
- ticker: APT
- cik: 0000884269
- company_name: ALPHA PRO TECH LTD
- filed_at: 2024-05-08T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/884269/000143774924015237/0001437749-24-015237-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/884269/000143774924015237/apt20240507_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-015237
- JSON: https://secwatch.observer/filing/0001437749-24-015237.json
- Plain text: https://secwatch.observer/filing/0001437749-24-015237.txt

## Key facts
- Earnings Releases
  ALPHA PRO TECH LTD reported first quarter ended March 31, 2024 results: revenue $13.5 million, net income $576,000, EPS $0.05 per diluted share.
  - Period: first quarter ended March 31, 2024
  - Revenue: $13.5 million
  - Net income: $576,000
  - EPS: $0.05 per diluted share
  - Result: reported results
  source text: 99.1) --- EX-99.1 2 ex_669583.htm EXHIBIT 99.1 ex_669583.htm Exhibit 99.1 ALPHA PRO TECH, LTD. ANNOUNCES FIRST QUARTER 2024 FINANCIAL RESULTS Total Sales Decreased by 2.3% to $13.5 Million Compared to the Prior Year Period Housewrap and Accessory Product Sales Increase by 24.3% FOR IMMEDIATE RELEASE Company Contact : Investor Relations Contact : Alpha Pro Tech,
  evidence_url: https://www.sec.gov/Archives/edgar/data/884269/000143774924015237/0001437749-24-015237-index.htm

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