Mueller Industries, Inc. Reports Third Quarter 2024 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 results for the third quarter of 2024. Comparisons are to the third quarter of 2023.Net Sales of $997.8 million versus $819.8 millionOperating Income of $206.7 million versus $181.0 millionEarnings Before Taxes of $217.8 million versus $189.0 millionNet Income of $168.7 million versus $132.7 millionDiluted EPS of $1.48 versus $1.171Third Quarter Financial and Operating Highlights:COMEX copper averaged $4.23 per pound during the quarter, 12.0% higher than in the third quarter of 2023.The increase in net sales was attributable to the inclusion of $102.4 million of sales from recently acquired businesses, as well as the higher copper prices.Selling, general, and administrative expenses increased primarily due to the inclusion of $3.9 million of operating costs from recently acquired businesses, as well as $2.7 million in transaction related expenses.Investments in unconsolidated affiliates contribute
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MLI
Sec Filings
- 11/22/24 - Form 4
- 11/21/24 - Form 144
- 11/21/24 - Form 4
- MLI's page on the SEC website