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MUELLER INDUSTRIES INC (MLI) Form 10-Q — Jul 22, 2026

$MLIForm 10-QFiled Jul 22, 2026, 4:17 PM ET0000089439-26-000032Original filing

Mueller Industries reported strong financial results for the second quarter of 2026, with net sales increasing 25.5% to $1.43 billion and net income rising 1.5% to $249.7 million. Growth was driven by higher selling prices due to rising raw material costs, the contribution from the Bison Metals acquisition, and increased unit volume in core product lines. The company also completed a 2-for-1 stock split effective June 30, 2026, and authorized an increase in authorized common shares. For the six months ended June 27, 2026, net sales grew 22.6% to $2.62 billion, while net income attributable to Mueller Industries increased 21.2% to $488.7 million.

Key figures

Eps
2.21
Revenue
2620928000
Dividend
0.35
Net Income
488673000
Revenue Yoy
22.6%
Cash Position
1388748000
Shares Outstanding
221181388
Operating income
622202000
Stock split date
2026-06-30
Stock split ratio
2:1
Diluted shares average
221506000
Gain on sale sherwood millions
41.4
Acquisition cost bison millions
138.3
Proceeds sale sherwood millions
57

Price after filing

1 day: +7.1%7 days: +10.9%30 days: +5.1%

Close on the filing date to close N calendar days later (from $58.97). Historical, not a forecast.

AI analysis

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