Watts Water Technologies Reports Record First Quarter 2022 Results
Watts Water Technologies, Inc. Class A (WTS)
Last watts water technologies, inc. class a earnings: 2/10 04:15 pm
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Source: Business Wire
Reported sales of $463 million increased 12%; organic sales increased 14%GAAP operating margin of 15.4%, up 100 bps; adjusted operating margin of 15.7%, up 120 bpsGAAP EPS of $1.61 and adjusted EPS of $1.63; both up 31%*Performance relative to comparable first quarter in 2021. NORTH ANDOVER, Mass.--(BUSINESS WIRE)--Watts Water Technologies, Inc. (NYSE: WTS) today announced results for the first quarter of 2022.Chief Executive Officer Robert J. Pagano Jr. commented, “All three regions delivered double-digit organic sales growth and strong operating margin expansion in the quarter versus the prior year. Challenges from market demand and supply chain disruptions continued, and our sourcing and operations teams rose to these challenges to support our customers’ needs. I want to thank our employees around the world, who continue to navigate the challenging macro landscape. Their efforts resulted in another record quarter, with both consolidated sales and operating margin higher than ant
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WTS
Sec Filings
- 4/1/24 - Form ARS
- 4/1/24 - Form DEFA14A
- 4/1/24 - Form DEF
- WTS's page on the SEC website