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Jul 04, 2021
National Presto Q2 2021 Earnings Report
Announced second quarter sales and earnings, with net sales matching the prior year and a decrease in net earnings.
Key Takeaways
National Presto Industries reported that second quarter net sales essentially matched the prior year's second quarter, with increases from the Defense segment offsetting a decrease in the Housewares/Small Appliance segment. Net earnings decreased by $3.4 million or 26.6%.
Second quarter 2021 net sales essentially matched the prior year’s second quarter.
Defense segment sales increased, offsetting a $2.8 million decrease in the Housewares/Small Appliance segment.
Net earnings decreased $3.4 million or 26.6%.
Operating profits at the Defense segment were down slightly (1%) due to a less favorable mix.
National Presto
National Presto
National Presto Revenue by Segment
Revenue by Segment
Housewares / Small Appliance Revenue
CapyFin.comDefense Revenue
CapyFin.comSafety Revenue
CapyFin.comRevenue & Expenses
Visualization of income flow from segment revenue to net income