secwatch.observer — SEC 8-K summary
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Issuer:     Zurn Elkay Water Solutions Corp (ZWS)
CIK:        0001439288
Form:       8-K
Filed at:   2026-04-21T23:59:59+00:00
Accession:  0001628280-26-026279
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Zurn Elkay Q1 earnings beat: EPS $0.41 adj, revenue $433M, core sales +11%
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- Net sales $433M vs $389M YoY (+11% core sales); net income $59M ($0.35 diluted EPS).
- Adjusted EPS $0.41 vs $0.31 YoY; adjusted EBITDA $116M (26.8% margin, +160bps).
- Q2 guidance: core sales +8-9%, adj EBITDA margin 27.0-27.5%; full-year outlook may be raised.
- Bought back 1M shares for $50M; increased revolver capacity from $200M to $550M.
- Net debt leverage low at 0.5x; growth across nearly all product categories.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1439288/000162828026026279/0001628280-26-026279-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1439288/000162828026026279/zws-20260421.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-026279

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