secwatch.observer — SEC 8-K summary
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Issuer:     Mueller Water Products, Inc. (MWA)
CIK:        0001350593
Form:       8-K
Filed at:   2022-11-07T23:59:59+00:00
Accession:  0001350593-22-000049
Event type: earnings
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Mueller Water Products Q4 net sales up 12.1% to $331.4M; EPS $0.05 vs $0.12; guides FY23 EBITDA +10-14%
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- Q4 net sales $331.4M (+12.1% YoY); net income $7.1M ($0.05 diluted EPS) vs $18.4M ($0.12) prior year.
- Adjusted EPS $0.10 vs $0.12; adjusted EBITDA $38.6M (11.6% margin) vs $45.6M (15.4%).
- Full-year net sales $1,247.4M (+12.3%); net income $76.6M ($0.48 diluted EPS); adjusted EPS $0.58.
- FY2023 outlook: net sales +6% to +8%; adjusted EBITDA +10% to +14%; free cash flow 40-60% of adjusted net income.
- Brass foundry inefficiencies and $6.8M goodwill impairment hit Q4; company repurchased $35M stock in FY.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1350593/000135059322000049/0001350593-22-000049-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1350593/000135059322000049/mwa-20221107.htm
  HTML page:      https://secwatch.observer/filing/0001350593-22-000049

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