Welcome to our dedicated page for Zurn Elkay Water Solutions news (Ticker: ZWS), a resource for investors and traders seeking the latest updates and insights on Zurn Elkay Water Solutions stock.
Zurn Elkay Water Solutions Corporation (NYSE: ZWS) is a pure-play water management company headquartered in Milwaukee, Wisconsin, with a specification-driven portfolio of products focused on health, hydration, human safety and the environment. This news page aggregates updates and announcements related to Zurn Elkay’s operations, financial performance, sustainability recognition and product developments.
Investors following ZWS can find earnings-related news, including quarterly financial results and outlook commentary that the company furnishes through earnings releases and Form 8-K filings. These items cover metrics such as net sales, income from operations, adjusted EBITDA and free cash flow, as well as management’s discussion of business conditions and expectations. The company also issues press releases about quarterly cash dividend declarations on its common stock.
Beyond financial results, Zurn Elkay publishes news on corporate recognition and sustainability achievements. Recent communications highlight the company being named one of America’s Climate Leaders by USA TODAY and Statista, inclusion on TIME’s lists such as America’s Growth Leaders and World’s Best Companies for Sustainable Growth, and recognition by Newsweek as one of America’s Most Responsible Companies and one of America’s Greenest Companies.
The news flow also includes product and partnership announcements, such as the launch of the Elkay Liv EZ built-in filtered water dispenser for home use and donations of Elkay filtered bottle filling stations and filters to school districts like Erie’s Public Schools. These stories illustrate how Zurn Elkay applies its water safety, control, flow systems and filtered drinking water products in real-world settings.
For readers tracking ZWS, this page offers a centralized view of the company’s press releases, from earnings calls and dividend decisions to sustainability milestones and hydration product initiatives.
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On February 13, 2022, Zurn Water Solutions (NYSE: ZWS) announced a definitive agreement to merge with Elkay Manufacturing in an all-stock transaction. This merger positions Zurn to own approximately 71% of the combined entity, named Zurn Elkay Water Solutions Corporation. The deal, valuing Elkay at $1.56 billion, aims to create a North American water solutions leader, enhancing growth potential in the drinking water sector with an estimated $50 million in cost synergies by 2025. A cash dividend increase is planned post-transaction.
Zurn Water Solutions Corporation (NYSE: ZWS) has announced a quarterly dividend of $0.03 per share, payable on March 7, 2022, to stockholders of record as of February 18, 2022. The company, headquartered in Milwaukee, Wisconsin, focuses on providing sustainable water solutions aimed at enhancing health and safety. Zurn’s diverse product offerings include water control, distribution, and drainage systems. This dividend declaration reflects the company's commitment to delivering value to its investors while supporting its growth trajectory.
Zurn Water Solutions Corporation (ZWS) reported a 23% increase in net sales for Q4 2021, totaling $232 million, aided by a 16% rise in core sales. Adjusted EPS rose to $0.22 from $0.09 year-over-year. However, net income from continuing operations dropped to $3 million, reflecting a $20 million loss on debt extinguishment. For 2021, total sales reached $911 million, up 22%, with adjusted EPS increasing to $0.77 from $0.50. Management expects high teens percentage growth in total sales for Q1 2022 and maintains a positive outlook for double-digit core growth in 2022.
Zurn Water Solutions Corporation (NYSE: ZWS) will hold a conference call on February 2, 2022, at 7:00 a.m. Central Time, to discuss its fourth quarter 2021 financial results. The financial report will be released after market close on February 1, 2022.
Chairman and CEO Todd Adams, along with Senior VP and CFO Mark Peterson, will co-host the call, which will also be available via a live webcast. A replay will be accessible from February 2 at 10:00 a.m. Central Time until February 9 at 10:59 p.m. Central Time.
Zurn Water Solutions Corporation (NYSE: ZWS) has joined the United Nations Global Compact, reinforcing its commitment to responsible business practices and sustainability. This move aligns with the company's transition to a pure-play water solutions provider. Zurn’s CEO, Todd A. Adams, emphasized the importance of their extensive product offerings in promoting environmental health while supporting customers’ sustainability objectives. Zurn plans to integrate the UN Global Compact's Ten Principles into its ESG strategies and disclose further developments in its annual Sustainability Report.
Zurn Water Solutions Corporation (NYSE: ZWS) announced its participation in the Oppenheimer Midwest Industrial Summit on December 14, 2021. Headquartered in Milwaukee, Wisconsin, Zurn focuses on sustainable water solutions, offering a broad range of products aimed at enhancing health, safety, and the environment. Their offerings include water control, distribution, drainage, and plumbing solutions for various public and private applications. For more information, visit www.zurnwatersolutions.com.
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Zurn Water Solutions Corporation (NYSE: ZWS) has expanded its flow systems portfolio by acquiring the Wade Drains product line from McWane, Inc. This move enhances Zurn's existing expertise and market coverage in drainage and environmental products. Wade is recognized for its specified commercial plumbing products and has a long history in the industry. The acquisition aims to foster growth in Zurn's flow systems business by adding a reputable brand to its offerings.
Zurn Water Solutions Corporation (NYSE: ZWS) will participate in the Credit Suisse 9th Annual Industrials Conference on December 1, 2021. Based in Milwaukee, Wisconsin, Zurn is a focused water business that offers a sustainable product portfolio aimed at enhancing health and safety. Their solutions cover water control, distribution, drainage, plumbing, and environmental products for various applications. For more details, visit www.zurnwatersolutions.com.