{"schema_version":"secwatch.filing_event.v1","accession":"0001439288-23-000099","form_type":"8-K","ticker":"ZWS","cik":"0001439288","company_name":"Zurn Elkay Water Solutions Corp","filed_at":"2023-07-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:33.931067+00:00","generated_at":"2026-06-13T04:10:17.480948+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Zurn Elkay Q2: net sales $403M (+42% YoY, core -5%); diluted EPS $0.19 vs $0.28; raises FY outlook","bullets":["Net sales $403M (+42% YoY, core -5%); net income $33M ($0.19 diluted EPS) vs $36M ($0.28).","Adjusted EPS $0.24 vs $0.32; Adj EBITDA $87M (21.6% of sales) vs $64M (22.6%).","Repurchased $50M of common stock (2.3M shares) in Q2; net debt leverage 1.5x.","Raised low end of FY 2023 guidance: sales $1.525-1.55B, Adj EBITDA $335-345M, FCF ~$215M.","Q3 outlook: sales $390-400M, Adj EBITDA margin 23.5-24.0%; CEO expects margin expansion."],"urls":{"canonical":"https://secwatch.observer/filing/0001439288-23-000099","json":"https://secwatch.observer/filing/0001439288-23-000099.json","markdown":"https://secwatch.observer/filing/0001439288-23-000099.md","text":"https://secwatch.observer/filing/0001439288-23-000099.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1439288/000143928823000099/0001439288-23-000099-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1439288/000143928823000099/zws-20230724.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T04:10:17.480948+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"95347385eaad026ccc9acfe9e43ebcd31ecdf2d4","claim":"Zurn Elkay Water Solutions Corp reported the quarter ended June 30, 2023 results: revenue $403 million, net income $33 million, EPS $0.19. Guidance raised.","evidence_excerpt":"Net sales in the quarter increased 42% to $403 million compared with $284 million in last year’s June quarter ( -5% core sales (1) , +47% acquisitions) . • Net income from continuing operations was $33 million (diluted EPS from continuing operations of $0.19) compared with $36 million (diluted EPS from continuing operations of $0.28) in the year-ago quarter.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1439288/000143928823000099/0001439288-23-000099-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended June 30, 2023"},{"label":"Revenue","value":"$403 million"},{"label":"Net income","value":"$33 million"},{"label":"EPS","value":"$0.19"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}