secwatch.observer — SEC 8-K summary
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Issuer:     MUELLER INDUSTRIES INC (MLI)
CIK:        0000089439
Form:       8-K
Filed at:   2022-04-19T23:59:59+00:00
Accession:  0000089439-22-000020
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Mueller Industries Q1 EPS $2.78 vs $1.11; revenue up 24%; dividend doubled to $0.25
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- Operating income of $212.7M, up from $92.5M; net income $158.3M vs $63.1M.
- EPS $2.78 vs $1.11; net sales $1.01B vs $818.1M, driven by higher copper prices and acquisitions.
- Quarterly dividend increased from $0.13 to $0.25 per share.
- Cash $139M with no net debt; gross margin improved 800 bps.
- CEO says building construction demand remains healthy; outlook consistent with year-end report.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/89439/000008943922000020/0000089439-22-000020-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/89439/000008943922000020/mli-20220419.htm
  HTML page:      https://secwatch.observer/filing/0000089439-22-000020

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