Highest-materiality recent filing
Zurn Elkay Q2 net sales up 10% to $491M; raises FY2026 adjusted EBITDA guidance to $503-513M
Q2 net sales $491M (+10% core); net income $113M ($0.67 diluted EPS) vs $50M ($0.29) a year ago.
Zurn Elkay to acquire Intellihot; Q2 results ahead of prior outlook
Acquisition of Intellihot, a tankless water heater leader, expected to close early Q3 2026.
Zurn Elkay promotes CFO Pauli to COO; Klun named new CFO
David J. Pauli promoted from CFO to COO effective immediately, reporting to CEO Todd Adams.
Zurn Elkay EVP Chhabra transitions to advisory role; annual meeting elects three directors
Sudhanshu Chhabra, EVP Zurn Elkay Business Systems, transitions to advisory role effective April 30, 2026.
Zurn Elkay Q1 earnings beat: EPS $0.41 adj, revenue $433M, core sales +11%
Net sales $433M vs $389M YoY (+11% core sales); net income $59M ($0.35 diluted EPS).
Zurn Elkay upsizes revolving credit facility from $200M to $550M, extends maturity to 2031
Revolving credit capacity increased from $200M to $550M; maturity extended to Feb 19, 2031.
Zurn Elkay Q4 net sales up 10% to $407M; adj. EPS $0.36 beats year-ago $0.32
Net sales $407M in Q4 (+10% core sales); full year sales $1,696M (+8% core sales).
Zurn Elkay Q3 beats; core sales +11% YoY; raises FY guidance, boosts dividend 22%
Q3 net sales $455M (+11% core sales); adj. EBITDA $122M (26.8% margin) vs $105M (25.6%) YoY.
Zurn Elkay Q2 adjusted EPS $0.42, up 27% YoY; raises full-year EBITDA guidance to $420-430M
Net sales $445M (+8% core sales); net income from cont. ops $50M ($0.29 diluted EPS).
Zurn Elkay shareholders approve 2.5M share increase to equity plan, elect four directors
Shareholders approved 2,500,000 share increase to Performance Incentive Plan (98.1% for).
Zurn Elkay Q1 net sales $389M (+5% core); adjusted EPS $0.31 vs $0.29; affirms FY guidance
Net sales $388.8M, +4% YoY (+5% core); FX reduced sales by 1%; volume-driven growth across all categories.
Ice Mountain LLC sells 7.75M Zurn Elkay shares at $35; company repurchases $55M in shares
Selling stockholder Ice Mountain LLC priced 7.75M shares of ZWS at $35.00 per share; closing on Feb 13, 2025.
Zurn Elkay Q4 adj EPS $0.32 vs $0.26 y/y; record FY cash flow; guides FY adj EBITDA $405-420M
Q4 net sales $371M (+4% core); adj EPS $0.32 vs $0.26; adj EBITDA margin 24.6% vs 23.6%.
Zurn Elkay Q3: sales +3%, adj EBITDA margin 25.6%, raises FY guidance, dividend up 13%
Net sales $410M (+3% core sales); net income $44M ($0.25 EPS) vs $35M ($0.20) YoY.
Zurn Elkay Q2 adjusted EPS $0.33 beats prior year $0.24; raises FY margin guidance
Net sales $412M (+2% core); net income $45M ($0.26 diluted EPS) vs $33M ($0.19) YoY.
Zurn Elkay promotes Pauli to CFO; Q2 preliminary results in-line to slightly ahead
Dave Pauli promoted to CFO effective immediately; Mark Peterson becomes Chief Administrative Officer.
Zurn Elkay renews CEO Todd Adams' employment through 2028 with same $1,005,000 salary
New letter agreement has a four-year initial term through May 17, 2028, then auto-renews yearly unless 90-day notice given.
Todd A. Adams, George C. Moore, Rosemary Schooler elected to three-year terms expiring 2027.
Zurn Elkay Q1 adjusted EBITDA up 24% to $90M; margins expand 460 bps; guides higher
Net sales $374M (+0.5% YoY); core sales flat due to 400 bps impact from planned residential sink product exits.
Zurn Elkay Q4 adjusted EPS $0.26 vs $0.16; guides FY margin expansion, ~$250M FCF
Q4 net sales $357M (+5% YoY); core sales +5% (incl. 400 bps product line exit impact).
Zurn Elkay COO Craig Wehr to advisory role; Jeffrey Schoon named president
Craig G. Wehr, COO, will move to executive advisory role effective Jan 1, 2024.
Zurn Elkay Q3 adj. EBITDA margin 24.1% (+410 bps); raises FCF outlook to $230M
Net sales $398M (-5% YoY); net income $35M vs loss $19M; adj. EPS $0.29 vs $0.26.
Zurn Elkay Q2: net sales $403M (+42% YoY, core -5%); diluted EPS $0.19 vs $0.28; raises FY outlook
Net sales $403M (+42% YoY, core -5%); net income $33M ($0.19 diluted EPS) vs $36M ($0.28).
Zurn Elkay shareholders elect three directors, approve say-on-pay and auditor ratification
Thomas Christopoul, Emma McTague, Peggy N. Troy elected to 3-year terms expiring 2026; each received >145M votes for
Zurn Elkay Q1 net sales up 55% to $372M; adjusted EPS $0.18 vs $0.24 YoY
Net sales $372M (+55% YoY, +3% core sales, +53% from Elkay acquisition).
Zurn Elkay appoints Emma McTague, Oshkosh CHRO, to its board of directors
Emma McTague, 49, SVP & CHRO of Oshkosh Corp. (NYSE: OSK), appointed independent director effective March 15, 2023.
Zurn Elkay Q4 sales up 46% to $340M; core sales -3%; $500M buyback authorized
Q4 net sales $340M (+46% YoY); core sales -3%; adjusted EPS $0.16 vs $0.22 YoY.
Zurn Elkay director John Stroup to retire after May 4, 2023 annual meeting
John S. Stroup informed Zurn Elkay of his intention to retire from the Board of Directors.
Zurn Elkay Q3 net sales up 82% to $418M; adjusted EPS $0.26; guides Q4 sales $350-365M
Net sales $418M, +82% YoY; core sales +16%; acquired Elkay effective July 1, 2022.
Elkay Water Solutions FY21 revenue $566.8M, net income $46.2M in merger filings
Audited FY2021: net sales $566.8M, gross profit $193.9M, operating income $50.1M, net income $46.2M.
Zurn Elkay appoints Craig Wehr COO; Ted Hamilton to retire at end of September
Craig Wehr, formerly President of Zurn, promoted to COO, reporting to CEO Todd Adams.
Zurn Elkay Q2 net sales +17% to $284M; completes Elkay combination
Net income $36M ($0.28 diluted EPS) vs $21M ($0.17) a year ago; adjusted EPS $0.32 vs $0.22.
Zurn Water completes Elkay merger; ~51.6M shares issued, ~29% ownership to Elkay shareholders
Closed combination with Elkay Manufacturing on July 1, 2022; consideration of ~51.6M shares (about 29% of combined company).
Zurn stockholders approve Elkay merger; close expected early Q3 2022
Stockholders approved issuance of up to 52.5M new Zurn shares for the Elkay combination.
Zurn files supplemental proxy disclosures for Elkay merger amid shareholder lawsuits
Three complaints filed in NY and PA federal courts allege proxy statement deficiencies; company denies merit.
Zurn Water Solutions shareholders reject executive compensation in advisory vote
Say-on-pay vote failed: 55.1M for, 57.0M against, 6.2M abstentions, 1.0M broker non-votes.
Zurn Water Solutions Q1 sales up 17% to $240M; adjusted EPS $0.24 vs $0.13; Elkay merger announced
Net sales $239.6M, up 17% YoY; core sales up 15%; net income $29M vs $10M.
Zurn Water Solutions to acquire Elkay Manufacturing in all-stock deal valued at $1.56B
Zurn to issue up to 52.5M shares for 100% of Elkay; Elkay holders to own ~29% of combined company.
Zurn Water Solutions Q4 sales up 23% to $232M, adjusted EPS $0.22; strong 2022 outlook
Q4 net sales $232M (+23% YoY); core sales +16%, acquisitions +7%.
Zurn Water CHRO George Powers departs effective Dec 31 with $643K severance
George J. Powers, Chief Human Resources Officer, left by mutual agreement effective Dec 31, 2021.
Zurn Water Solutions completes PMC spin-off; Q3 consolidated net sales $557M, Adj. EPS $0.55
Completed spin-off of Process & Motion Control business on Oct 4, 2021; now a pure-play water company.
Zurn Water Solutions completes PMC spin-off to Regal Rexnord, becomes pure-play water company
Completed Reverse Morris Trust spin-off of PMC segment; stockholders received 0.22296103 Regal shares per Zurn share.
Rexnord stockholders approve PMC combination with Regal Beloit
Separation and merger proposal approved: 115,542,896 for, 12,230 against, 161,525 abstentions.
Rexnord supplements merger proxy after shareholder lawsuit over disclosure
Shareholder Stephen Bushansky filed a lawsuit in California federal court alleging the merger proxy statement omits material information.
Rexnord receives IRS ruling; provides illustrative merger terms with Regal Beloit
IRS private letter ruling received Aug 16, 2021, enabling determination of Qualifying Overlap Shareholders for tax purposes.
Kevin Zaba to become President, Motion Control Solutions at Regal after merger closes
Kevin Zaba, Rexnord's Group Executive & President, Process & Motion Control, will be appointed President, Motion Control Solutions of Regal upon close of merger.
Directors Ted Crandall and Robin Walker-Lee resign from Rexnord Board to join Regal Board
Resignations conditioned on and effective at closing of the Merger with Regal Beloit Corporation.
Rexnord Q2 net sales $568M (+21% core), adj EPS $0.58; PMC EBITDA outlook >$300M
Q2 net sales $568M (+21% core sales YoY); adjusted EPS $0.58 vs $0.36 YoY; net income $73M ($0.59 diluted) vs $36M ($0.29).
On May 27, 2026, the Company announced that David J. Pauli, who currently serves as Chief Financial Officer (CFO), was promoted to the position of Chief Operating Officer (COO), effective immediately.
The Company also announced that Daniel J. Klun was promoted to the position of CFO.
the Company announced that Sudhanshu Chhabra, Executive Vice President, Zurn Elkay Business Systems, will transition into an advisory role effective April 30, 2026.
The Company also announced that Mark W. Peterson, age 52, who joined the Company in 2006 and has served as CFO since 2011, becomes the Company's Chief Administrative Officer effective immediately.
On July 10, 2024, the Company announced that David J. Pauli, age 42, was promoted to the position of Chief Financial Officer (CFO).
Craig G. Wehr, chief operating officer, will transition into an executive advisory role effective January 1, 2024.
Also effective January 1, 2024, Jeffrey A. Schoon, will assume the role of president.
On March 15, 2023, Emma McTague accepted an appointment by the Board of Directors (the “Board”) of Zurn Elkay Water Solutions Corporation (the “Company”) to become a director of the Company, effective immediately.
On February 1, 2023, John S. Stroup informed Zurn Elkay Water Solutions Corporation (the "Company") of his intention to retire from the Board of Directors, effective following the Company’s Annual Meeting of Stockholders to be held on May 4, 2023.
Also, Ted Hamilton, President of Elkay, announced that he will retire effective as of the end of September.
On August 15, 2022, Zurn Elkay Water Solutions Corporation (the “Company”) appointed Craig G. Wehr, who currently serves as President of Zurn, as Chief Operating Officer of the Company.
each of Errol R. Halperin and Timothy Jahnke were appointed to the Board of the Directors of the Company (the “Board”) to serve until the end of their respective terms and until their successors are elected and qualified.
Max materiality 1.00 · Median 0.70 · Most common event earnings