{"schema_version":"secwatch.filing_event.v1","accession":"0000089439-24-000008","form_type":"8-K","ticker":"MLI","cik":"0000089439","company_name":"MUELLER INDUSTRIES INC","filed_at":"2024-02-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:27.202825+00:00","generated_at":"2026-06-06T08:50:08.900941+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Mueller Industries Q4 net income down 14.2% to $119.2M; EPS $1.05","bullets":["Q4 net sales $732.4M (-16.5% YoY); net income $119.2M (-14.2%); diluted EPS $1.05.","Full year 2023 net sales $3.4B (-14.1% YoY); net income $602.9M (-8.4%); EPS $5.30.","Operating cash flow $174.3M in Q4, $672.8M for year; cash & short-term investments $1.3B.","Recorded $11.6M reserve for pending legal matter at unconsolidated affiliate Tecumseh Products Co.","Tornado-related insurance recovery on Covington, TN operations expected in H2 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0000089439-24-000008","json":"https://secwatch.observer/filing/0000089439-24-000008.json","markdown":"https://secwatch.observer/filing/0000089439-24-000008.md","text":"https://secwatch.observer/filing/0000089439-24-000008.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/89439/000008943924000008/0000089439-24-000008-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/89439/000008943924000008/mli-20240206.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T08:50:08.900941+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":"e67312235134af0155b67bd6c9f4d853c2412f8d","claim":"MUELLER INDUSTRIES INC reported Full Year 2023 results: revenue $3.4 billion, net income $602.9 million, EPS $5.30.","evidence_excerpt":"For the Full Year 2023 versus the Full Year 2022: • Net income: $602.9 million vs $658.3 million, down 8.4%. • Earnings before taxes: $845.2 million vs $876.0 million, down 3.5%. • Net sales: $3.4 billion vs $4.0 billion, down 14.1%. • Diluted EPS: $5.30 vs $5.82, down 8.9%.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/89439/000008943924000008/0000089439-24-000008-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Full Year 2023"},{"label":"Revenue","value":"$3.4 billion"},{"label":"Net income","value":"$602.9 million"},{"label":"EPS","value":"$5.30"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"f9f545883e204d688962f4e5d08df52dad279f32","claim":"MUELLER INDUSTRIES INC reported Fourth Quarter 2023 results: revenue $732.4 million, net income $119.2 million, EPS $1.05.","evidence_excerpt":"For the Fourth Quarter 2023 versus Four th Quarter 2022: • Net income: $119.2 million vs $138.9 million, down 14.2%. • Earnings before taxes: $177.9 million vs $185.9 million, down 4.3%. • Net sales: $732.4 million vs $877.6 million, down 16.5%. • Diluted EPS: $1.05 vs $1.23, down 14.6%.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/89439/000008943924000008/0000089439-24-000008-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Fourth Quarter 2023"},{"label":"Revenue","value":"$732.4 million"},{"label":"Net income","value":"$119.2 million"},{"label":"EPS","value":"$1.05"},{"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"}