Zurn Elkay Water Solutions Corp (ZWS): Results of Operations and Financial Condition
Zurn Elkay Water Solutions Corp (ZWS) filed an SEC Form 8-K — Results of Operations and Financial Condition. EX-99.1 2 ex991earningsrelease63026.htm EX-99.1 Document Exhibit 99.1 Press Release July 28, 2026 Contact Information: For Immediate Release Bobbi Belstner Vice President, Corporate Controller 414.361.0122 Zurn Elkay Water Solutions Reports Second Quarter 2026 Financial Results I
How this was made
The 30-second read
Why it matters
Traders can update models using the disclosed Q2 performance (10% core sales growth, adjusted EBITDA margin expansion) and the explicit FY 2026 adjusted EBITDA range plus FCF floor, while adjusting for the stated exclusion of IEEPA reciprocal tariff refunds.
Market read
This is a primary earnings-and-guidance disclosure with concrete ranges and a capital return update, making it actionable for positioning into the investor call and near-term re-rating.
What to watch
Intellihot integration execution risk could affect margins and growth rates over 2026-2027, and the guidance assumes continued productivity initiatives and supply chain benefits.
Background
The 8-K (Item 2.02) includes a press release with Q2 2026 financial results, a completed acquisition of Intellihot, and updated third-quarter and full-year 2026 outlook.
Ticker impact
Zurn Elkay reported Q2 2026 results and raised full-year outlook, including adjusted EBITDA guidance and Intellihot sales expectations.
Moderately positive bias for the next few sessions as traders reprice FY 2026 adjusted EBITDA and FCF expectations, tempered by sensitivity to excluding tariff refunds.
The filing discloses specific Q2 datapoints (net sales, adjusted EBITDA, EPS), a deployed buyback amount, and explicit Q3 and FY 2026 guidance ranges, which are direct inputs to valuation and positioning.
Market effects
Water infrastructure and plumbing fixtures peers may see read-across on demand resilience and margin durability, especially if traders treat the guidance raise as sector signal.
Limited direct regional impact; the story is company-specific with US-listed reporting.
Low global relevance beyond potential tariff-related normalization effects on industrial demand and input costs.
Counterpoint
The raised outlook is explicitly framed excluding tariff-related refunds, so underlying operating momentum may be less strong if refunds do not recur or if costs reaccelerate.
Key entities
- companyZurn Elkay Water Solutions Corp
Reports Q2 2026 results, repurchases shares, completes Intellihot acquisition, and raises full-year 2026 outlook.
- acquired businessIntellihot
High-efficiency water heating adjacency; company expects Intellihot sales of about $16 million for the remainder of 2026.
