secwatch.observer — SEC 8-K summary
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Issuer:     Mueller Water Products, Inc. (MWA)
CIK:        0001350593
Form:       8-K
Filed at:   2024-02-08T23:59:59+00:00
Accession:  0001350593-24-000011
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Mueller Water Products Q1 net sales $256.4M, down 18.6%; adj EPS $0.13 flat
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- Net sales $256.4M, down 18.6% YoY; reported EPS $0.09 vs $0.14; adjusted EPS $0.13 flat.
- Adjusted EBITDA $44.8M, up 1.4%; adjusted EBITDA margin 17.5% vs 14.0% prior year.
- Free cash flow $62.2M vs -$16.4M prior year; net debt leverage 1.1x.
- FY2024 outlook: net sales decrease 2-6% (slightly improved); adj EBITDA +3-7%.
- Cybersecurity incident expenses $1.5M; channel inventory largely normalized by quarter-end.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1350593/000135059324000011/0001350593-24-000011-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1350593/000135059324000011/mwa-20240208.htm
  HTML page:      https://secwatch.observer/filing/0001350593-24-000011

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