{"schema_version":"secwatch.filing_event.v1","accession":"0001604028-26-000034","form_type":"8-K","ticker":"WMS","cik":"0001604028","company_name":"ADVANCED DRAINAGE SYSTEMS, INC.","filed_at":"2026-08-06T11:03:14+00:00","discovered_at":"2026-08-06T11:05:00.260856+00:00","generated_at":"2026-08-06T11:06:47.003961+00:00","sec_items":["2.02","7.01","8.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"ADS Q1 FY2027: net sales up 20.6% to $1.0B, EPS $2.26 (+22.8%), dividend raised 11%","bullets":["Net sales $1,001.1M (+20.6% YoY); organic net sales +9.2%; Stormwater sales $809.4M (+24.2%).","Net income from continuing ops $176.6M (+22.5%); diluted EPS $2.26 vs $1.84; Adjusted EBITDA $358.3M (+28.8%).","Repurchased $228.5M of common stock during the quarter.","Board declared $0.20/share quarterly dividend, an 11% increase over prior year; payable Sept 15, record Sept 1.","Management cautious on demand but cites strong non-residential market and NDS acquisition contribution."],"urls":{"canonical":"https://secwatch.observer/filing/0001604028-26-000034","json":"https://secwatch.observer/filing/0001604028-26-000034.json","markdown":"https://secwatch.observer/filing/0001604028-26-000034.md","text":"https://secwatch.observer/filing/0001604028-26-000034.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1604028/000160402826000034/0001604028-26-000034-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1604028/000160402826000034/wms-20260806.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-08-06T11:06:47.003961+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"}