8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

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FORM 8-K

__________

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): April 26, 2013

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National Presto Industries, Inc.

(Exact name of registrant as specified in this chapter)

Wisconsin	1-2451	39-0494170
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

3925 North Hastings Way Eau Claire, Wisconsin	54703-3703
(Address of principal executive office)	(Zip Code)

Registrant’s telephone number, including area code: 715-839-2121

N/A

(Former name or former address, if changed since last report)

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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act  (17 CFR 240.14d-2(b))

o   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act  (17 CFR 240.13a-4(c))

Item 2.02  Results of Operations and Financial Condition

On April 26, 2013, the registrant issued a press release regarding the registrant’s results of operations for the fiscal quarter ended March 31, 2013. The full text of the press release is filed as Exhibit 99.1 to this Form 8-K. Such Exhibit shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

Item 9.01  Financial Statements and Exhibits

(d) Exhibits

Exhibit No	Description
99.1	Press Release of National Presto Industries, Inc. dated April 26, 2013.

Forward looking statements in this Form 8-K are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. There are certain important factors that could cause results to differ materially from those anticipated by some of the statements made herein. Investors are cautioned that all forward looking statements involve risks and uncertainty. In addition to the factors discussed above, among the other factors that could cause actual results to differ materially are the following: government defense spending and defense requirements; termination for the convenience of the government; interest rates; continuity of relationships with and purchases by the United States Government and other major customers; unexpected problems or events experienced by subcontractors, team members, or their respective suppliers or subcontractors; product mix; competitive pressure on pricing; increases in material, freight/shipping, labor or other production costs that cannot be recouped through pricing; and such other factors as may be described from time to time in the Registrant’s SEC filings.

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SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	National Presto Industries, Inc. (Registrant)
	By:	/s/ Maryjo Cohen
		(Signature) Maryjo Cohen, President
		and Chief Executive Officer
Date:  April 29, 2013

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EX-99.1

Exhibit 99.1

NEWS RELEASE FOR IMMEDIATE RELEASE  CONTACT:  Randy Lieble
(715) 839-2164

NATIONAL PRESTO INDUSTRIES, INC. ANNOUNCES

FIRST QUARTER 2013 SALES AND EARNINGS

Eau Claire, Wisconsin (April 26, 2013) -- National Presto Industries, Inc. (NYSE: NPK) announced today first quarter 2013 sales and earnings, as shown in the table below. Net earnings per share have been computed on the basis of the weighted average number of common shares outstanding for the respective periods.

In response to questions about sales and earnings, Maryjo Cohen, President, stated, “first quarter 2013 sales declined from those secured in first quarter 2012 largely due to year-to-year differences in the timing of the Defense segment’s 40MM ammunition shipments, and the expected drop in comparative Absorbent Product segment shipments resulting from the continued reduction of shipments to the segment’s major customer, which is producing much of its own product. Defense segment net shipments were down 21.6%, while Absorbent Product shipments were off 13.6%. The Housewares segment was up nominally. Comparative first quarter operating earnings also declined, chiefly as a result of the Defense segment’s shipment timing differences referenced above. Those differences along with a less favorable product mix, resulted in a 34.4% reduction in the segment’s operating earnings. Higher product and logistics costs caused the Housewares/Small Appliance earnings to decline by 10.2%. As a result of an insurance settlement, absorbent products segment operating earnings increased by 6.6%. Decreased yields from the company’s portfolio also had a negative, comparative impact on earnings.”

The Housewares/Small Appliance segment introduced at the March 2013 International Housewares Show a variety of new products as part of its differentiation strategy. Those products included a box pizza oven, an immersion deep fryer, a microwave popper and several hot air poppers. In keeping with the continued popularity of popcorn (a low budget, healthy treat), it unveiled the Orville Redenbacher® by Presto® Caramel Corn Maker. The new popper not only produces classic popcorn, but also flavored gourmet shop popcorn. With the new popper, the user can make delicious caramel, cheese, and kettle popcorn at home at savings of up to 90% over gourmet shops. The new popper pops the corn, cooks a variety of delicious sauces and provides a means of mixing the corn and sauce quickly, neatly, and conveniently. Once mixed, the flavored gourmet-style corn is ready for eating — no baking is required. The process from beginning to end takes less than fifteen minutes.

National Presto Industries, Inc. operates in three business segments. The Housewares/Small Appliance segment, designs and sells small household appliances and pressure cookers under the PRESTO® brand name, and is recognized as an innovator of new products. The Defense segment manufactures a variety of products, including medium caliber training and tactical ammunition, energetic ordnance items, fuzes, and cartridge cases, less-lethal munitions and less-lethal accessory equipment. The Absorbent Products segment primarily engages in the manufacture of private label adult incontinence products.

	Three Months Ended
	March 31, 2013		April 1, 2012
Net Sales	$	83,190,000	$	96,773,000
Net Earnings	$	6,854,000	$	9,344,000
Net Earnings Per Share	$	.99	$	1.36
Weighted Shares Outstanding		6,906,000		6,885,000

This release contains “forward looking statements” made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995 that are subject to certain risks and uncertainties, as well as assumptions, that could cause actual results to differ materially from historical results and those presently anticipated or projected. In addition to the factors discussed above, other important risk factors are delineated in the Company’s various SEC filings.