Mueller Industries Q2 sales rise to $997.7 million, but EPS falls to $1.41
Mueller Industries reported second quarter 2024 results with net sales of $997.7 million, up from $897.0 million a year earlier. Diluted EPS fell to $1.41 from $1.56, because the prior-year quarter included a $19.5 million insurance settlement gain and net income declined to $160.2 million from $177.7 million.
Key points
- Net sales were $997.7 million versus $897.0 million in the second quarter of 2023.
- Net income was $160.2 million versus $177.7 million, and diluted EPS was $1.41 versus $1.56.
- Operating income was $210.0 million versus $210.7 million, and the company said adjusted operating income rose 9.8% over the prior year period.
- Cash was $825.7 million at quarter end, after $566.6 million was spent on acquisitions and $15.1 million on stock repurchases during the quarter.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 12:56 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 23, 2024.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.