secwatch.observer — SEC 8-K summary
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Issuer:     Zurn Elkay Water Solutions Corp (ZWS)
CIK:        0001439288
Form:       8-K
Filed at:   2022-02-01T23:59:59+00:00
Accession:  0001439288-22-000027
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Zurn Water Solutions Q4 sales up 23% to $232M, adjusted EPS $0.22; strong 2022 outlook
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- Q4 net sales $232M (+23% YoY); core sales +16%, acquisitions +7%.
- Net income from continuing ops $3M (diluted EPS $0.02) includes $20M loss on debt extinguishment; adjusted EPS $0.22 vs $0.09 YoY.
- Adjusted EBITDA $45M (19.4% of sales) vs $36M (18.9%) in prior year; net debt leverage 2.3x.
- Completed spin-off of PMC business Oct 4, 2021; also acquired Wade Drains in Q4.
- Q1 2022 outlook: total sales high-teens % YoY growth, Adj EBITDA margin ex corp costs 24-24.5%; double-digit core growth for full year 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1439288/000143928822000027/0001439288-22-000027-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1439288/000143928822000027/zws-20220201.htm
  HTML page:      https://secwatch.observer/filing/0001439288-22-000027

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