{"schema_version":"secwatch.filing_event.v1","accession":"0000089439-23-000028","form_type":"8-K","ticker":"MLI","cik":"0000089439","company_name":"MUELLER INDUSTRIES INC","filed_at":"2023-04-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.690822+00:00","generated_at":"2026-06-16T17:58:18.456845+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Mueller Industries Q1 net income $173.2M, EPS $3.07, sales down 3.8% to $971.2M; dividend raised 20% to $0.30","bullets":["Operating income $229.1M (+7.7% YoY); net income $173.2M (+9.4%); EPS $3.07 vs $2.78.","Net sales $971.2M (-3.8%) due to lower copper prices and international volume, offset by higher value-add downstream sales.","Quarterly dividend increased 20% to $0.30 per share; cash and short-term investments $782.4M; no net debt.","Tornado damaged Covington, TN factory; insurance expected to cover property and business interruption losses; impact deemed immaterial.","Cash from operations $111.6M; current ratio 4.3 to 1."],"urls":{"canonical":"https://secwatch.observer/filing/0000089439-23-000028","json":"https://secwatch.observer/filing/0000089439-23-000028.json","markdown":"https://secwatch.observer/filing/0000089439-23-000028.md","text":"https://secwatch.observer/filing/0000089439-23-000028.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/89439/000008943923000028/0000089439-23-000028-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/89439/000008943923000028/mli-20230425.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T17:58:18.456845+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"167596b9f513622bc119d2f1d4b63df1e58e030f","claim":"MUELLER INDUSTRIES INC reported first quarter ended April 1, 2023 results: revenue $971.2 million, net income $173.2 million, EPS $3.07.","evidence_excerpt":"Results as compared with the first quarter of 2022 include: • Operating Income of $229.1 million versus $212.7 million, an increase of 7.7%. • Net Income of $173.2 million versus $158.3 million, an increase of 9.4%. • EPS of $3.07 versus $2.78, an increase of 10.4%. • Net Sales of $971.2 million versus $1.01 billion, a decrease of 3.8%.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/89439/000008943923000028/0000089439-23-000028-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended April 1, 2023"},{"label":"Revenue","value":"$971.2 million"},{"label":"Net income","value":"$173.2 million"},{"label":"EPS","value":"$3.07"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}