secwatch.observer — SEC 8-K summary
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Issuer:     WATTS WATER TECHNOLOGIES INC (WTS)
CIK:        0000795403
Form:       8-K
Filed at:   2024-08-07T23:59:59+00:00
Accession:  0001558370-24-011386
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Watts Water Q2 2024 record sales $597M, EPS $2.44; organic sales flat, margins down
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- Sales $597.3M, +12% YoY; organic sales flat vs. prior year.
- Reported EPS $2.44 (+8%); adjusted EPS $2.46 (+5%).
- Reported operating margin 18.7%, -10bps; adjusted margin 18.8%, -70bps.
- Amended and extended credit facility through July 2029.
- Full-year 2024 outlook maintained.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/795403/000155837024011386/0001558370-24-011386-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/795403/000155837024011386/wts-20240807x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-24-011386

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