{"schema_version":"secwatch.filing_event.v1","accession":"0000089439-24-000021","form_type":"8-K","ticker":"MLI","cik":"0000089439","company_name":"MUELLER INDUSTRIES INC","filed_at":"2024-04-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:22.352651+00:00","generated_at":"2026-06-03T10:55:21.657819+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 Q1 net income $138.4M ($1.21 EPS), sales $849.7M, declines YoY","bullets":["Net income down 20% to $138.4M from $173.2M; diluted EPS $1.21 vs $1.54 YoY.","Net sales $849.7M, down 12.5% from $971.2M, on lower residential demand and copper prices.","COMEX copper average $3.86/lb (-5.6%); Tecumseh investment loss of $10.3M.","Cash from operations $173.6M; cash balance $1.36B; current ratio 6.0x.","CEO expects demand rebound; completing acquisition of Nehring Electrical Works."],"urls":{"canonical":"https://secwatch.observer/filing/0000089439-24-000021","json":"https://secwatch.observer/filing/0000089439-24-000021.json","markdown":"https://secwatch.observer/filing/0000089439-24-000021.md","text":"https://secwatch.observer/filing/0000089439-24-000021.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/89439/000008943924000021/0000089439-24-000021-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/89439/000008943924000021/mli-20240423.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T10:55:21.657819+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":"6e0c199b273d546fd703241e7d70f2ef5481ec9f","claim":"MUELLER INDUSTRIES INC reported first quarter of 2024 results: revenue $849.7 million, net income $138.4 million, EPS $1.21.","evidence_excerpt":"Comparisons are to the first quarter of 2023. • Net Income of $138.4 million versus $173.2 million • Earnings Before Taxes of $201.6 million versus $237.4 million • Net Sales of $849.7 million versus $971.2 million • Diluted EPS* of $1.21 versus $1.54 (*adjusted retroactively to reflect the two-for-one stock split that took effect on October 20, 2023) First Quarter","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/89439/000008943924000021/0000089439-24-000021-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter of 2024"},{"label":"Revenue","value":"$849.7 million"},{"label":"Net income","value":"$138.4 million"},{"label":"EPS","value":"$1.21"},{"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"}