{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-24-007370","form_type":"8-K","ticker":"WTS","cik":"0000795403","company_name":"WATTS WATER TECHNOLOGIES INC","filed_at":"2024-05-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.994281+00:00","generated_at":"2026-06-02T14:44:23.080179+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Watts Water Q1 record sales $571M, EPS $2.17; raises FY2024 outlook","bullets":["Record Q1 sales of $570.9M (+21% reported, +6% organic); reported EPS $2.17 (+12%), adjusted EPS $2.33 (+21%).","Adjusted operating margin 18.2%, up 30 bps; reported operating margin 16.9%, down 110 bps.","Announced 19% increase in quarterly dividend payments.","Raising FY2024 outlook: organic sales growth -4% to +1% (midpoint +50 bps); adj op margin 17.1%-17.7% (midpoint +20 bps).","Acquisitions of Bradley, Josam, Enware integrating well; strong cash flow supports strategic investments."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-24-007370","json":"https://secwatch.observer/filing/0001558370-24-007370.json","markdown":"https://secwatch.observer/filing/0001558370-24-007370.md","text":"https://secwatch.observer/filing/0001558370-24-007370.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/795403/000155837024007370/0001558370-24-007370-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/795403/000155837024007370/wts-20240508x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T14:44:23.080179+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":"82ee9fd6498d40146205d01c83178f00d2ce4778","claim":"WATTS WATER TECHNOLOGIES INC reported the fiscal quarter ended March 31, 2024 results: revenue $570.9 million, net income $72.6 million, EPS $2.17. Guidance raised.","evidence_excerpt":"​ ​ SVP FP&A & Investor Relations ​ ​ email: investorrelations@wattswater.com ​ WATTS WATER TECHNOLOGIES REPORTS RECORD FIRST QUARTER 2024 RESULTS ​ ◾ Reported sales of $571 million increased 21%; organic sales increased 6% including ~7% due to extra shipping days ​ ◾ Reported operating margin of 16.9%, down 110 bps; adjusted operating margin of 18.2%, up 30","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/795403/000155837024007370/0001558370-24-007370-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal quarter ended March 31, 2024"},{"label":"Revenue","value":"$570.9 million"},{"label":"Net income","value":"$72.6 million"},{"label":"EPS","value":"$2.17"},{"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"}