secwatch.observer — SEC 8-K summary
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Issuer:     MUELLER INDUSTRIES INC (MLI)
CIK:        0000089439
Form:       8-K
Filed at:   2023-02-07T23:59:59+00:00
Accession:  0000089439-23-000004
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Mueller Industries Q4 EPS $2.46, up 11.3% YoY; full-year EPS $11.64, up 41.1%
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- Q4 2022 operating income $190.4M (+10.6% YoY) on net sales $877.6M (-8.2% YoY); net income $138.9M.
- Full-year 2022 EPS $11.64, up 41.1% from $8.25; net income $658.3M vs $468.5M in 2021.
- Unit volumes in mill businesses fell 11% YoY, offset by 22% growth in higher-value businesses, led by climate segment.
- Recorded $13.1M charge for multi-employer pension plan withdrawal, eliminating long-term financial risk.
- Cash from operations $723.9M for 2022; cash and short-term investments $678.9M; current ratio 4:1.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/89439/000008943923000004/0000089439-23-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/89439/000008943923000004/mli-20230207.htm
  HTML page:      https://secwatch.observer/filing/0000089439-23-000004

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