Markets
Zurn Elkay Stock Plunges 8%, Wiping Out $690 Million, After Fourth-Quarter Sales Forecast Falls Short
The water-products maker guided fourth-quarter sales to $430 million to $437 million and sees a softer 2027 market.
ZWS
Zurn Elkay Water Solutions (ZWS) news from Bullished: SEC filings, earnings, insider trades and deals, explained in plain English with links to the source documents.
Earnings
Zurn Elkay Eyes A $50 Million Mixing-Valve Category With Its New Wilkins Runpoint
President Jeff Schoon sized a $200 million market and promised more hot water products through 2027, after the IntelliHot purchase.
Earnings
Zurn Elkay Sees Its 2027 Market Down 'A Couple Points' But Still Promises Growth
Management leans on price, share gains and new product lines, and says 2027 looks like 40% incremental margins or better.
Earnings
Zurn Elkay Third-Quarter Profit Rises To $76 Million, Dividend Up 18% — Fourth-Quarter Sales Outlook Is $430 Million To $437 Million
The water-products maker raised its annual dividend to $0.52 a share and guided to fourth-quarter adjusted EBITDA of $120 million to $123 million.
Deals
Zurn Elkay's Intellihot Deal Came With $13.4 Million In Warranty Obligations
The acquired claims lifted the water-products maker's warranty reserve to $23.0 million from $9.4 million a quarter earlier.