{"schema_version":"secwatch.filing_event.v1","accession":"0000089439-23-000050","form_type":"8-K","ticker":"MLI","cik":"0000089439","company_name":"MUELLER INDUSTRIES INC","filed_at":"2023-07-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.915925+00:00","generated_at":"2026-06-13T03:47:32.145086+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Mueller Industries Q2: operating income $210.7M, down 22% YoY; EPS $3.12 vs $3.65","bullets":["Net sales $897M, down 22% from $1.15B, driven by demand normalization and 11% lower COMEX copper.","Operating income $210.7M vs $268.9M; net income $177.7M; diluted EPS $3.12 vs $3.65.","Tornado damaged copper fitting plant; brass rod fire disrupted production for three weeks during quarter.","Westermeyer fire insurance settlement recorded $19.5M gain; plant operates at 80-85% pre-fire capacity.","Cash and ST investments $898.4M, up $116M; current ratio increased to 5.4:1."],"urls":{"canonical":"https://secwatch.observer/filing/0000089439-23-000050","json":"https://secwatch.observer/filing/0000089439-23-000050.json","markdown":"https://secwatch.observer/filing/0000089439-23-000050.md","text":"https://secwatch.observer/filing/0000089439-23-000050.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/89439/000008943923000050/0000089439-23-000050-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/89439/000008943923000050/mli-20230725.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T03:47:32.145086+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":"47203a049b516183c2ddf0f57c3468ec2df8626b","claim":"MUELLER INDUSTRIES INC reported the quarter ended July 1, 2023 results: revenue $897.0 million, net income $177.7 million, EPS $3.12.","evidence_excerpt":"Mueller Industries, Inc. Reports Second Quarter 2023 Earnings COLLIERVILLE, Tenn., July 25, 2023 -- Mueller Industries, Inc. (NYSE: MLI) announces results for the second quarter of 2023. Comparisons are to the second quarter of 2022, which, for context, yielded the highest quarterly earnings on record and a 70 percent increase in operating income over the same period in 2021. • Operating Income of $210.7 million versus $268.9 million • Net Income of $177.7 million versus $206.6 million • Diluted EPS of $3.12 versus $3.65 • Net Sales of $897.0 million versus $1.15 billion","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/89439/000008943923000050/0000089439-23-000050-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended July 1, 2023"},{"label":"Revenue","value":"$897.0 million"},{"label":"Net income","value":"$177.7 million"},{"label":"EPS","value":"$3.12"},{"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"}