Quarterly ResultMay 5, 2026, 04:13 PM
National Presto Q1 Sales $118.6M, Net Earnings $6.6M; EPS $0.93
AI Summary
National Presto Industries, Inc. announced first quarter 2026 sales of $118.6 million, up from $103.6 million in Q1 2025. However, net earnings decreased to $6.6 million ($0.93 EPS) from $7.6 million ($1.07 EPS) in the prior year quarter. The Defense segment saw increased sales and operating earnings, while the Housewares/Small Appliance and Safety segments experienced sales drops and losses due to warehousing issues and reduced demand. Additionally, the Safety segment launched its full line of 10 Rely FX ultra durable, specialty commercial fire extinguishers.
Key Highlights
- Q1 2026 Net Sales: $118,649,000, up from $103,639,000 in Q1 2025.
- Q1 2026 Net Earnings: $6,626,000, down from $7,610,000 in Q1 2025.
- Q1 2026 Net Earnings Per Share: $0.93, down from $1.07 in Q1 2025.
- Defense segment sales increased by $18.6 million or 23%, with operating earnings up 8.2%.
- Housewares/Small Appliance segment sales dropped by $3.4 million or 15.6%, resulting in a sizable loss.
- Safety segment also reported a loss due to reduced shipments.
- Safety segment unveiled its full line of 10 Rely FX ultra durable, specialty commercial fire extinguishers.
- Production and marketing of the new fire extinguishers will begin in May.