secwatch.observer — SEC 8-K summary
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Issuer:     WATTS WATER TECHNOLOGIES INC (WTS)
CIK:        0000795403
Form:       8-K
Filed at:   2022-05-03T23:59:59+00:00
Accession:  0001558370-22-006841
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Watts Water Q1 sales $463M +12%; GAAP EPS $1.61 +31%; raises FY adjusted margin outlook
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- Sales $463.2M, up 12% (organic +14%) from Q1 2021.
- GAAP EPS $1.61, adjusted EPS $1.63, both up 31% YoY.
- GAAP operating margin 15.4% (+100 bps); adjusted 15.7% (+120 bps).
- FY 2022 guidance: organic sales growth 3%-8% maintained; adjusted operating margin expansion raised to 20-60 bps.
- All three regions achieved double-digit organic sales growth despite supply chain disruptions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/795403/000155837022006841/0001558370-22-006841-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/795403/000155837022006841/wts-20220503x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-22-006841

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