secwatch.observer — SEC 8-K summary
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Issuer:     PENTAIR plc (PNR)
CIK:        0000077360
Form:       8-K
Filed at:   2026-07-14T21:20:51+00:00
Accession:  0000077360-26-000039
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Pentair prelim Q2 sales $930M (-17% vs guide), cuts FY EPS guide to $3.90-$4.10 from $4.83-$4.93
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- Preliminary Q2 sales ~$930M, down 17% vs prior guide of up ~1%; GAAP EPS ~$0.80 vs guide $1.39-$1.42; adjusted EPS ~$1.12 vs guide $1.47-$1.50.
- Pool channel destocking negatively impacted Q2 sales by ~$170M and segment income by ~$105M; IEEPA refunds contributed ~$35M.
- Full-year 2026 guidance revised: sales down 4-7% (prior up 2-4%), GAAP EPS $3.90-$4.10 (prior $4.83-$4.93), adjusted EPS $4.60-$4.80 (prior $5.30-$5.40).
- CFO Nicholas Brazis resigned July 10; former CFO Bob Fishman appointed interim CFO effective July 14, with monthly salary $125k and $1M RSU grant.
- Company repurchased ~2M shares for $150M in Q2 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/77360/000007736026000039/0000077360-26-000039-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/77360/000007736026000039/pnr-20260710.htm
  HTML page:      https://secwatch.observer/filing/0000077360-26-000039

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