Mueller Industries Q4 net income $125.6M, EPS $2.21; revenue up 42% YoY

MUELLER INDUSTRIES INC

2021-FY EPS reported $8.25 revenue$3,769,345,000

Operating income $172.1M, up 165% YoY; net sales $956.4M, up 42%.
Diluted EPS $2.21 vs $0.64 in prior year quarter; FY EPS $8.25 vs $2.47.
Acquired majority ownership of Mueller Middle East copper tube mill in Bahrain.
Debt repaid $330.7M during year, leaving $1.9M; $400M credit facility undrawn.
Cash from operations $130.2M in Q4; FY cash from ops $311.7M.

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