Mueller Industries Shares Drop in Wake of Fourth-Quarter Results

Dow Jones02-03 22:50

By Robb M. Stewart

Mueller Industries's shares fell sharply after the manufacturer cautioned a sharp recovery in its markets wasn't expected in 2026, though it managed to overcome worsened conditions and the disruption and cost of tariffs in the final quarter of the last fiscal year.

In morning trading, the shares were down 11% at $123.58. That narrowed the advance over the last three months to 15%.

Chief Executive Greg Christopher said market conditions aren't expected to abruptly rebound this year, though the company nonetheless anticipates considerable improvements as the year progresses.

"This past year, we completed several operational improvement initiatives that will deliver financial benefits in 2026. We have absorbed the impact of changes in tariff and trade policies, and will continue to adapt as such policies evolve," he said.

Christopher said the company also has opportunities to invest in and improve each of its business platforms, and has a strong balance sheet and no debt.

Mueller's fourth-quarter net income rose to a record high $153.7 million, or $1.38 a share, from $137.7 million, or $1.21, a year earlier.

Sales rose 4.2% to $962.4 million in the three months to Dec. 27. The advance reflected higher net selling prices due to rising raw material costs, moderated by lower unit volumes, primarily in the company's core copper and brass products, Mueller said.

Write to Robb M. Stewart at robb.stewart@wsj.com

(END) Dow Jones Newswires

February 03, 2026 09:50 ET (14:50 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2608705308?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-02-03 22:50","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2608705308","market":"hk","top_or_hot":-1,"title":"Mueller Industries Shares Drop in Wake of Fourth-Quarter Results","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  By Robb M. Stewart \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Mueller Industries's shares fell sharply after the manufacturer cautioned a sharp recovery in its markets wasn't expected in 2026, though it managed to overcome worsened conditions and the disruption and cost of tariffs in the final quarter of the last fiscal year. \n</p>\n<p>\n  In morning trading, the shares were down 11% at $123.58. That narrowed the advance over the last three months to 15%. \n</p>\n<p>\n  Chief Executive Greg Christopher said market conditions aren't expected to abruptly rebound this year, though the company nonetheless anticipates considerable improvements as the year progresses. \n</p>\n<p>\n  \"This past year, we completed several operational improvement initiatives that will deliver financial benefits in 2026. We have absorbed the impact of changes in tariff and trade policies, and will continue to adapt as such policies evolve,\" he said. \n</p>\n<p>\n  Christopher said the company also has opportunities to invest in and improve each of its business platforms, and has a strong balance sheet and no debt. \n</p>\n<p>\n  Mueller's fourth-quarter net income rose to a record high $153.7 million, or $1.38 a share, from $137.7 million, or $1.21, a year earlier. \n</p>\n<p>\n  Sales rose 4.2% to $962.4 million in the three months to Dec. 27. The advance reflected higher net selling prices due to rising raw material costs, moderated by lower unit volumes, primarily in the company's core copper and brass products, Mueller said. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Robb M. Stewart at robb.stewart@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 03, 2026 09:50 ET (14:50 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Mueller Industries Shares Drop in Wake of Fourth-Quarter Results</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMueller Industries Shares Drop in Wake of Fourth-Quarter Results\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-02-03 22:50</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  By Robb M. Stewart \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Mueller Industries's shares fell sharply after the manufacturer cautioned a sharp recovery in its markets wasn't expected in 2026, though it managed to overcome worsened conditions and the disruption and cost of tariffs in the final quarter of the last fiscal year. \n</p>\n<p>\n  In morning trading, the shares were down 11% at $123.58. That narrowed the advance over the last three months to 15%. \n</p>\n<p>\n  Chief Executive Greg Christopher said market conditions aren't expected to abruptly rebound this year, though the company nonetheless anticipates considerable improvements as the year progresses. \n</p>\n<p>\n  \"This past year, we completed several operational improvement initiatives that will deliver financial benefits in 2026. We have absorbed the impact of changes in tariff and trade policies, and will continue to adapt as such policies evolve,\" he said. \n</p>\n<p>\n  Christopher said the company also has opportunities to invest in and improve each of its business platforms, and has a strong balance sheet and no debt. \n</p>\n<p>\n  Mueller's fourth-quarter net income rose to a record high $153.7 million, or $1.38 a share, from $137.7 million, or $1.21, a year earlier. \n</p>\n<p>\n  Sales rose 4.2% to $962.4 million in the three months to Dec. 27. The advance reflected higher net selling prices due to rising raw material costs, moderated by lower unit volumes, primarily in the company's core copper and brass products, Mueller said. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Robb M. Stewart at robb.stewart@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 03, 2026 09:50 ET (14:50 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"MLI","symbol_name":"木勒工业","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2608705308","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2608705308","pubTimestamp":1770130200,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Mueller Industries's shares fell sharply after the manufacturer cautioned a sharp recovery in its markets wasn't expected in 2026, though it managed to overcome worsened conditions and the disruption and cost of tariffs in the final quarter of the last fiscal year.In morning trading, the shares were down 11% at $123.58. That narrowed the advance over the last three months to 15%.Chief Executive Greg Christopher said market conditions aren't expected to abruptly rebound this year, though the company nonetheless anticipates considerable improvements as the year progresses.\"This past year, we completed several operational improvement initiatives that will deliver financial benefits in 2026. We have absorbed the impact of changes in tariff and trade policies, and will continue to adapt as such policies evolve,\" he said.Christopher said the company also has opportunities to invest in and improve each of its business platforms, and has a strong balance sheet and no debt.Mueller's fourth-quar","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"MLI":"木勒工业","BK4161":"工业机械","BK4585":"ETF&股票定投概念","LU2308191902.HKD":"BNP PARIBAS ECOSYSTEM RESTORATION \"CLASSIC\" (HKD) ACC"},"translate_title":"穆勒工业公司第四季度业绩公布后股价下跌","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MLI":1.5},"content_text":"By Robb M. Stewart \n\n\n \n\n\n  Mueller Industries's shares fell sharply after the manufacturer cautioned a sharp recovery in its markets wasn't expected in 2026, though it managed to overcome worsened conditions and the disruption and cost of tariffs in the final quarter of the last fiscal year. \n\n\n  In morning trading, the shares were down 11% at $123.58. That narrowed the advance over the last three months to 15%. \n\n\n  Chief Executive Greg Christopher said market conditions aren't expected to abruptly rebound this year, though the company nonetheless anticipates considerable improvements as the year progresses. \n\n\n  \"This past year, we completed several operational improvement initiatives that will deliver financial benefits in 2026. We have absorbed the impact of changes in tariff and trade policies, and will continue to adapt as such policies evolve,\" he said. \n\n\n  Christopher said the company also has opportunities to invest in and improve each of its business platforms, and has a strong balance sheet and no debt. \n\n\n  Mueller's fourth-quarter net income rose to a record high $153.7 million, or $1.38 a share, from $137.7 million, or $1.21, a year earlier. \n\n\n  Sales rose 4.2% to $962.4 million in the three months to Dec. 27. The advance reflected higher net selling prices due to rising raw material costs, moderated by lower unit volumes, primarily in the company's core copper and brass products, Mueller said. \n\n\n \n\n\n  Write to Robb M. Stewart at robb.stewart@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 03, 2026 09:50 ET (14:50 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.2","shortVersion":"4.36.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2608705308","isCrawlerRequest":true}