{"schema_version":"secwatch.filing_event.v1","accession":"0001604028-25-000002","form_type":"8-K","ticker":"WMS","cik":"0001604028","company_name":"ADVANCED DRAINAGE SYSTEMS, INC.","filed_at":"2025-02-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:04.162278+00:00","generated_at":"2026-05-27T01:39:39.599661+00:00","sec_items":["2.02","7.01","8.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"ADS Q3 EPS $1.04 (-22%); net sales +4.3%; declares $0.16 dividend (+14%)","bullets":["Net sales $690.5M (+4.3% YoY); net income $82.3M (-23%); diluted EPS $1.04 (-22.3%).","Adjusted EBITDA $191.5M (-6.2%); adjusted EPS $1.09 (-20.3%).","Infiltrator segment revenue +30.3% to $135.3M; organic +5.8% ex-Orenco acquisition.","Board declared $0.16/share cash dividend (+14% YoY), payable Mar 14, record Feb 28.","SG&A up 10.4% due to Orenco; gross profit down 7% on unfavorable pricing/mix."],"urls":{"canonical":"https://secwatch.observer/filing/0001604028-25-000002","json":"https://secwatch.observer/filing/0001604028-25-000002.json","markdown":"https://secwatch.observer/filing/0001604028-25-000002.md","text":"https://secwatch.observer/filing/0001604028-25-000002.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1604028/000160402825000002/0001604028-25-000002-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1604028/000160402825000002/wms-20250206.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-27T01:39:39.599661+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}