secwatch.observer — SEC 8-K summary ====================================== Issuer: ADVANCED DRAINAGE SYSTEMS, INC. (WMS) CIK: 0001604028 Form: 8-K Filed at: 2025-08-07T23:59:59+00:00 Accession: 0001604028-25-000027 Event type: earnings Sentiment: negative Materiality: 0.65 Item codes: 2.02, 7.01, 8.01, 9.01 LLM model: deepseek-v4-flash:cloud@v2 ADS Q1 net income drops 11% to $144M; raises dividend 13% to $0.18 ------------------------------------------------------------------ - Net sales $829.9M (+1.8% YoY); net income $144.1M (-11.2%); diluted EPS $1.84 vs $2.06. - Adjusted EBITDA $278.2M (+1.0%); margin 33.5% vs 33.8%. - Infiltrator sales up 21.1% to $178.4M (includes Orenco); domestic pipe down 2.5% to $415.5M. - Acquired River Valley Pipe early in quarter to strengthen geographic presence. - Quarterly dividend of $0.18/share (13% increase), payable Sept 15, 2025 to record holders Aug 29. Source: EDGAR index: https://www.sec.gov/Archives/edgar/data/1604028/000160402825000027/0001604028-25-000027-index.htm Primary doc: https://www.sec.gov/Archives/edgar/data/1604028/000160402825000027/wms-20250807.htm HTML page: https://secwatch.observer/filing/0001604028-25-000027 License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer