Mueller Industries, Inc. Reports First Quarter 2020 Earnings
Mueller Industries, Inc. (MLI)
Last mueller industries, inc. earnings: 2/4 07:00 am
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US:NYSE Investor Relations:
muellerindustries.com/investors
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Source: Business Wire
COLLIERVILLE, Tenn.--(BUSINESS WIRE)--Mueller Industries, Inc. (NYSE: MLI) announces first quarter 2020 earnings results. Operating income for the first quarter was $59.3 million versus $49.2 million for the prior year period.Net income for the first quarter was $32.4 million, or 57 cents per diluted share, on $602.9 million in net sales, versus prior year net income of $15.7 million, or 28 cents per diluted share, on $611.8 million in net sales.Period Financial and Operating Highlights:Average COMEX copper traded 9 percent lower in the first quarter of 2020 versus the prior year period. During the quarter, COMEX copper declined 64 cents per pound, or 22 percent, with 40 cents of that decline occurring in March.The 1.4 percent decline in net sales was attributable to the lower copper prices and lower sales volumes in our Industrial Metals segment; partially offset by higher sales volumes in our Piping Systems and Climate segments.Unusual impacts during the quarter included the fol
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News
- Mueller declares $0.25 dividend [Seeking Alpha]Seeking Alpha
- Mueller Industries, Inc. Declares Cash Dividend for Fourth QuarterBusiness Wire
- Are Robust Financials Driving The Recent Rally In Mueller Industries, Inc.'s (NYSE:MLI) Stock? [Yahoo! Finance]Yahoo! Finance
- Mueller Industries (MLI) Posts Resilient Q3 Results; Highlights Robust Cash Flow and Dividend Growth [Yahoo! Finance]Yahoo! Finance
- Mueller Industries (NYSE:MLI) had its "buy (b)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
MLI
Sec Filings
- 11/25/25 - Form 4
- 11/25/25 - Form 144
- 11/20/25 - Form 4
- MLI's page on the SEC website