Flash FinanceUS
Market closed · weekend S&P 5007,376.86+0.31% Nasdaq24,579.42+1.09% Dow 3051,285.73-0.46% Russell 20002,754.11+0.89% Nasdaq-10026,989.99+1.35% MidCap 4003,602.50+0.56% SmallCap 6001,673.98+0.05% VIX25.64-9.01% 10Y Yield4.86+0.45% Close of Nov 06, 2026
AI brief of an SEC Form 8-K · Pentair (PNR)

Pentair cuts 2026 EPS guidance on Pool inventory; interim CFO named

Negative Impact 4 of 5 guidance Written later

Pentair said preliminary second-quarter 2026 sales are about $930 million, down 17% from its prior guidance of up about 1%, mainly because of Pool channel inventory destocking. It cut full-year 2026 adjusted EPS guidance to $4.60 to $4.80 from $5.30 to $5.40, and said CFO Nicholas Brazis resigned on July 10, 2026, with Robert Fishman named interim CFO.

Key points

  • Q2 2026 preliminary sales of about $930 million, down 17% versus prior guidance of up about 1%
  • Q2 2026 adjusted EPS of about $1.12 versus prior guidance of $1.47 to $1.50; GAAP EPS of about $0.80
  • Full-year 2026 adjusted EPS guidance cut to $4.60 to $4.80 from $5.30 to $5.40; full-year sales now expected down 4% to 7%
  • CFO Nicholas Brazis resigned July 10, 2026; Robert Fishman appointed interim CFO with a $125,000 monthly salary

The filing

CompanyPentair (PNR)
Form8-K, current report
Filed with the SECJul 14, 2026, 5:20 PM ET
Accession number0000077360-26-000039

Items reported: 2.02 Results of Operations5.02 Director / Officer Change

Read the filing on SEC.gov ↗

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 14, 2026.

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.