National Presto | 10-Q: FY2025 Q3 Revenue: USD 115.46 M

Revenue: As of FY2025 Q3, the actual value is USD 115.46 M.

EPS: As of FY2025 Q3, the actual value is USD 0.74.

Housewares/Small Appliances Segment

• Net Sales: Decreased by $2,274,000 from $24,816,000 to $22,542,000, a 9% decline, primarily due to a decrease in units shipped, partially offset by price increases.
• Gross Profit: Decreased by $4,692,000 from $4,997,000 to $305,000, mainly due to decreased sales and tariffs imposed under the Trump administration.
• Operating Profit: Recorded a loss of $3,271,000 compared to a profit of $1,760,000 in the previous year.

Defense Segment

• Net Sales: Increased by $25,794,000 from $66,794,000 to $92,588,000, a 39% increase, driven by increased shipments from the segment’s backlog.
• Gross Profit: Increased by $3,414,000 from $13,447,000 to $16,861,000, reflecting increased sales, partially offset by product mix and material costs.
• Operating Profit: Increased to $11,524,000 from $9,812,000 in the previous year.

Safety Segment

• Net Sales: Increased slightly from $213,000 to $333,000.
• Gross Profit: Continued to report a loss, with a gross loss of $1,154,000 compared to a loss of $1,221,000 in the previous year.
• Operating Profit: Recorded a loss of $1,841,000 compared to a loss of $2,349,000 in the previous year.

Cash Flow

• Net Cash Used in Operating Activities: $23,054,000 for the first nine months of 2025, compared to $45,793,000 used in the same period of 2024.
• Net Cash Used in Investing Activities: $22,398,000 for the first nine months of 2025, compared to net cash provided by investing activities of $5,981,000 in 2024.
• Net Cash Provided by Financing Activities: $29,878,000 for the first nine months of 2025, compared to net cash used of $31,516,000 in 2024.

Future Outlook and Strategy

• Core Business Focus: The company plans to continue evaluating acquisition opportunities that align with its business segments and will make further acquisitions, as well as continue to make capital investments in its business segments per existing authorized projects and for additional projects if the appropriate return on investment is projected.
• Non-Core Business: The company divested the stock of Rusoh, Inc. and certain assets of OneEvent related to its refrigeration monitoring business to focus the direction of the Safety segment’s business.