earnings
confidence high
sentiment negative
materiality 0.65
National Presto Q3 net sales up 25.7% but EPS falls to $0.74 from $1.13 on tariff impacts
NATIONAL PRESTO INDUSTRIES INC
- Q3 net sales $115.5M (+25.7% YoY); net earnings $5.3M (-34.2%); diluted EPS $0.74 vs $1.13.
- Defense segment sales up $25.8M (+38.6%); Housewares/Small Appliance down $2.3M (-9.2%) due to retailer resistance to tariff price increases.
- Housewares segment reports sizable operating loss from Trump tariffs treated as period costs under LIFO; Safety startup posts nominal sales and loss.
- Nine-month net earnings $18.1M (-12.8% YoY); nine-month EPS $2.53 vs $2.91.