Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

National Presto Saw Big Drop In Quarterly Appliance Sales
Oct 31, 2013
 Printable format
 Email this Article
 Search

National Presto Industries, Inc. (Eau Claire, WI) said third quarter 2013 sales were down 19.6% in its Housewares/Small Appliances business, compared to third quarter 2012 sales.

"Housewares/Small Appliances sales were off 19.6% reflecting cautious customer ordering," said Maryjo Cohen, president of National Presto.

National Presto operates in three business segments:
* Housewares/Small Appliances, making small household appliances and pressure cookers under the Presto brand name.
* Defense, making ammunition, fuses, etc., saw 3Q 2013 sales down 10.9%.
* Absorbent Products, making private-label adult incontinence products, saw 3Q 2013 sales down 12.4%.

Cohen said that, with shipments down in all three business segments, "Comparative third quarter operating earnings declined by 6.7%."

Net sales in 3Q 2013 were $100,612,000, down from 3Q 2012's $116,813,000.

Net earnings in 3Q 2013 were $9,015,000, down from 3Q 2012's $9,401,000.

The first nine months of 2013 had net sales of $285,198,000, down from $330,700,000 in the first nine months of 2012.

The first nine months of 2013 had net earnings of $24,170,000, down from $27,448,000 in the first nine months of 2012.

Back to Daily News

 

Daily News

...........................................................

Dec 19, 2014: Whirlpool Corp. provides guidance for 2015

Dec 19, 2014: Panasonic to showcase built-in appliances at LivingKitchen 2015

Dec 19, 2014: New residential construction in November 2014

Dec 19, 2014: 2014 U.S. steel production up 0.7% from 2013

Dec 19, 2014: Strong North American PCB Order Growth in October

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

November 2014: Appliance Magazine Market Insight Annual Subscriptions
November 2014: U.S. Appliance Industry: Market Value, Life Expectancy & Replacement Picture 2014
October 2014: Portrait of the European Appliance Industry
September 2014: Appliance Industry Focus: HVAC




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows