secwatch.observer — SEC 8-K summary
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Issuer:     Mueller Water Products, Inc. (MWA)
CIK:        0001350593
Form:       8-K
Filed at:   2024-05-06T23:59:59+00:00
Accession:  0001350593-24-000039
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01, 5.02, 5.03, 7.01
LLM model:  deepseek-v4-flash:cloud@v2

Mueller Water Q2 net sales up 6.2% to $353.4M; adj. EPS $0.30 beat; raises FY24 guidance
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- Q2 net sales $353.4M (+6.2% YoY); net income $44.3M ($0.28 diluted EPS); adj. EPS $0.30 (record).
- Adj. EBITDA $82.2M (+70.9% YoY); margin 23.3% vs 14.4% prior year.
- FY24 guidance raised: net sales flat to down 2% (prior down 1-3%); adj. EBITDA up 23-27% (prior up 15-22%).
- Martie Edmunds Zakas appointed CEO (eff. May 1, 2024); Paul McAndrew named President & COO.
- Christian Garcia appointed Board observer; Brian Healy elected director in Feb 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1350593/000135059324000039/0001350593-24-000039-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1350593/000135059324000039/mwa-20240501.htm
  HTML page:      https://secwatch.observer/filing/0001350593-24-000039

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer