secwatch.observer — SEC 8-K summary
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Issuer:     Mueller Water Products, Inc. (MWA)
CIK:        0001350593
Form:       8-K
Filed at:   2023-12-13T23:59:59+00:00
Accession:  0001350593-23-000058
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Mueller Water Products Q4 net sales $301.4M (-9.1% YoY); fiscal 2024 outlook sees further decline
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- Q4 net sales $301.4M (-9.1% YoY); adjusted EPS $0.19 vs $0.10 prior year; adjusted EBITDA margin 18.4%.
- Fiscal 2023 net sales $1,275.7M (+2.3% YoY); adjusted EPS $0.63 vs $0.58; free cash flow $61.4M.
- Fiscal 2024 net sales expected to decline 3-8%; Q1 guidance $245-255M; margins expected to improve H2.
- Cybersecurity incident (Oct 28) impacts still under evaluation; all facilities operational, but expects negative financial impact.
- Returned $48.1M to shareholders in FY2023 via dividends and share repurchases; no debt maturities until 2029.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1350593/000135059323000058/0001350593-23-000058-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1350593/000135059323000058/mwa-20231213.htm
  HTML page:      https://secwatch.observer/filing/0001350593-23-000058

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