National Presto Industries, Inc. Reports Earnings Results for the Second Quarter Ended July 4, 2021
August 13, 2021 at 04:38 pm EDT
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National Presto Industries, Inc. announced earnings results for the second quarter ended July 4, 2021. For the second quarter, the company announced sales was USD 87.118 million compared to USD 87.132 million a year ago. Operating income was USD 11.330 million compared to USD 15.329 million a year ago. Net income was USD 9.292 million compared to USD 12.657 million a year ago. Basic earnings per share from continuing operations was USD 1.32 compared to USD 1.8 a year ago. For the half year, sales was USD 168.145 million compared to USD 152.768 million a year ago. Operating income was USD 22.273 million compared to USD 24.592 million a year ago. Net income was USD 18.285 million compared to USD 20.879 million a year ago. Basic earnings per share from continuing operations was USD 2.59 compared to USD 2.97 a year ago.
National Presto Industries, Inc. is engaged in various business segments, which includes Housewares/Small Appliance, Defense and Safety. The Housewares/Small Appliance segment designs, markets and distributes housewares and small electrical appliances, including pressure cookers and canners, kitchen electrics, and comfort appliances. The Defense segment manufactures 40-millimeter (mm) ammunition, precision mechanical and electro-mechanical assemblies, medium caliber cartridge cases and metal parts; performs Load, Assemble and Pack (LAP) operations on ordnance-related products primarily for the United States Government and prime contractors, and manufactures detonators, booster pellets, release cartridges, lead azide and others. The Safety segment offers systems that provide early warning of conditions that could ultimately lead to significant losses and also offers carbon monoxide alarms with large digital displays and an array of voice messages that clearly inform of incipient danger.
NATIONAL PRESTO INDUSTRIES, INC. 
