Mueller Inds Stock Price, News & Analysis

Mueller Industries, Inc. (NYSE: MLI) announced its participation in the Sidoti & Company Fall Virtual Small Cap Investor Conference on September 21-22, 2022. The company is set to present on September 22 at 11:30 a.m. ET and will engage in virtual meetings with investors throughout the day. A live audio webcast of the presentation will be available on the company’s website under the Investor Relations section, with a replay accessible for 90 days post-event.

Mueller Industries manufactures essential goods for various markets including air, water, and energy distribution, with operations across North America, Europe, Asia, and the Middle East.

Mueller Industries, Inc. (NYSE: MLI) has launched a redesigned investor relations website to improve access to financial information and company news. The new site features an updated investor presentation, emphasizing its commitment to shareholder value with double-digit returns over the past 15 years. CFO Jeffrey A. Martin expressed enthusiasm for the new portal, which is intended to highlight the company's operating principles and positive business outlook. Investors can visit the new site at www.muellerindustries.com.

Mueller Industries, Inc. (NYSE: MLI) declared a quarterly cash dividend of 25 cents per share, payable on September 16, 2022, to shareholders of record on September 2, 2022. The company operates across vital markets including air, water, oil, and gas distribution, and has a global presence in North America, Europe, Asia, and the Middle East.

Mueller Industries, Inc. (NYSE: MLI) reported a strong second quarter in 2022, achieving net sales of $1.15 billion, up 13.6% from the previous year. Operating income rose to $268.9 million, while net income reached $206.6 million, indicating significant growth. EPS improved to $3.65 compared to $1.92 a year ago. Despite a 4% decline in industrial metals volume and a 17% drop in international tube sales, the company’s value-added businesses surged 33%. Strong cash generation of $142 million and zero net debt position Mueller for future growth.

Mueller Industries, Inc. (NYSE: MLI) declared a quarterly cash dividend of 25 cents per share, scheduled for payment on June 17, 2022, to shareholders of record as of June 3, 2022. The company operates across multiple sectors, including air, water, oil and gas distribution, and medical services, with a presence in North America, Europe, Asia, and the Middle East. The release includes forward-looking statements regarding potential risks such as economic conditions, market demand, and resource availability.

Mueller Industries, Inc. (NYSE: MLI) reports strong first-quarter 2022 results, with net sales reaching $1.01 billion, up from $818.1 million year-over-year. Net income surged to $158.3 million from $63.1 million, resulting in an EPS of $2.78, compared to $1.11 in the previous year. The increase is attributed to higher commodity prices and volume growth from new acquisitions. Additionally, the company raised its quarterly dividend from $0.13 to $0.25 per share. CEO Greg Christopher indicated continued demand driven by residential construction and infrastructure development.

Mueller Industries, Inc. (NYSE: MLI) has announced a quarterly cash dividend increase to $.25 per share. This marks a significant 92% increase from the 2021 dividend, with payment scheduled for April 1, 2022. Shareholders of record by March 18, 2022 will receive this payout. The company’s diversified operations encompass critical sectors including energy, medical, and automotive, and is geared towards delivering essential products across North America, Europe, Asia, and the Middle East.

Mueller Industries, Inc. (NYSE: MLI) reported strong Q4 and full-year 2021 results. Q4 highlights include:

• Operating income soared to $172.1 million, up 165%.
• Net sales reached $956.4 million, a 42% increase.
• Net income jumped to $125.6 million from $36.4 million.
• Diluted EPS rose to $2.21 from $0.64.

Full-year results showed:

• Operating income of $655.8 million, up 167%.
• Net sales climbed to $3.8 billion, a 57% increase.
• Net income was $468.5 million versus $139.5 million.
• Diluted EPS reached $8.25 versus $2.47.

Mueller Industries, Inc. (NYSE: MLI) has declared a quarterly cash dividend of 13 cents per share, payable on December 17, 2021. Shareholders of record by December 3, 2021 will receive this dividend. The company operates across key sectors including air, water, and gas distribution, among others. The press release contains forward-looking statements with potential risks such as economic conditions and market demand, which could affect future performance.