ALPHA PRO TECH LTD
For the period ended Nov 5, 2025. Filed Nov 5, 2025.
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A notice of a major event between regular reports, such as results, a deal or a change of executives. It is often the first formal record of the news.
Nov 5, 2025 · Filed Nov 5, 2025
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EX-99.1 · FOR IMMEDIATE RELEASE
FOR IMMEDIATE RELEASE
| Company Contact: | Investor Relations Contact: |
|---|---|
| Alpha Pro Tech, Ltd. | HIR Holdings |
| Donna Millar | Cameron Donahue |
| 905-479-0654 | 651-707-3532 |
| e-mail: ir@alphaprotech.com | e-mail: cameron@hirholdings.com |
| ● | Net sales for the third quarter of 2025 were $14.8 million, up 3.7% compared to $14.3 million for the third quarter of 2024 |
| o | Building Supply segment increased by $476,000 or 5.4%, to $9.3 million, compared to $8.8 million for the three months ended September 30, 2024 |
| o | Disposable Protective Apparel decreased $58,000 or 1.1%, to $5.5 million, compared to $5.5 million for the same period of 2024 |
| ● | Net income for the third quarter of 2025 was $976,000 or $0.09 per diluted share, compared to $862,000 or $0.08 per diluted share for the third quarter of 2024 |
| ● | Cash of $17.7 million and working capital of $48.1 million with no debt, as of September 30, 2025 |
Nogales, Arizona–November 5, 2025 – Alpha Pro Tech, Ltd. (NYSE American: APT), a leading manufacturer of products designed to protect people, products and environments, including disposable protective apparel and building products, today announced financial results for the three month and nine month periods ended September 30, 2025.
Lloyd Hoffman, President and Chief Executive Officer of Alpha Pro Tech, commented, “The housing market continued to show weakness in the third quarter of 2025 with single-family housing starts down 2.6% compared to the same quarter in 2024. These figures only include July and August, as the census bureau did not publish a report for September 2025 due to the U.S. government shutdown. During the third quarter of 2025, we again outperformed the market, as our core building products (housewrap and synthetic roof underlayment) were up 3.5%, driven primarily by housewrap sales, compared to the same period of 2024. Although synthetic roof underlayment sales were down in the third quarter of 2025, our decrease in the shipments was lower than the Asphalt Roofing Manufacturers Association (“ARMA”) decline in shipments for the third quarter 2025, compared to the same period of 2024.
There continues to be uncertainty in housing starts, volatility and uncertainty in the economy as well as a stronger than normal hurricane season in the comparative latter part of 2024, which could affect this segment in the coming quarter. The increase in tariffs has created notable pricing and supply volatility within the market. In addition, declining builder confidence and ongoing price volatility have resulted in reduced inventory positions among our primary customers.
Management attributes its success in a down market to our national builder partnerships. While the building sector is currently experiencing a significant downturn, we recognize that substantial opportunities for continued expansion still exist. Looking ahead to 2026, we anticipate new product introductions as we continue to expand our self-adhered roofing and flashing categories.”
Mr. Hoffman continued, “Sales of disposable protective garments in the three months ended September 30, 2025 were up 10.4%, rebounding nicely across all product categories. Sales of shoe covers, coveralls, lab coats, caps and gowns all grew in the third quarter of 2025 compared to the same quarter of 2024. Moreover, our third quarter results pushed our year-to-date performance into positive territory. Management anticipates and is working to uncover new growth opportunities with our customers to continue this current trend into the fourth quarter and into 2026. Tariffs have added uncertainty and volatility to the marketplace, but we remain optimistic that tariffs will be reduced in the near term allowing pricing equilibrium. We will continue to deliver our high-quality products and remain agile in our pricing strategies to maintain our leadership position and to differentiate Alpha Pro Tech in the disposable protective garments marketplace.
Sales of our face mask and face shield products in the third quarter of 2025 continue to lag behind the prior year. We have promotions and pricing incentives for our customers in an attempt to turn the tide and will continue to seek out and close new sales opportunities. Our inventory position is strong and much of this segment is not burdened by tariffs. We will continue our efforts to move the trend lines in a positive direction for both face masks and face shields.”
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