National Presto Q1 net sales $103.6M (+35% YoY), EPS $1.07 (+16%); Defense strong, tariffs weigh

NATIONAL PRESTO INDUSTRIES INC

Net sales $103.6M vs $76.7M; net earnings $7.6M vs $6.6M; diluted EPS $1.07 vs $0.92.
Defense segment sales up 47.1% (+$25.9M); operating earnings up 58.6% (+$4.9M) on higher backlog shipments.
Housewares/Small Appliance segment incurred operating loss due to less favorable mix, higher material costs, and 145% Trump tariffs.
New product announcements and purchases placed on hold due to tariff uncertainty; Safety segment loss as anticipated.
Portfolio earnings nominal because of increased inventory investment for Defense segment awards.

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