Reports Q1 revenue $1.0B, consensus $988.66M. CEO John Stauch commented, “We delivered another strong quarter of earnings growth driven by continued execution and agility from our businesses and functional teams across our balanced water portfolio, inclusive of Transformation initiatives and 80/20 actions. We stayed resilient and moved with speed during the first quarter to mitigate tariff impacts including implementing price increases, pre-buying inventory and capping orders to manage our supply chain. I am very grateful for how our teams continue to rise to the challenge and deliver for customers while creating value for shareholders. We have strong cash flow, a solid balance sheet and a balanced capital allocation strategy. We continue to help our customers move, improve and enjoy water, life’s most essential resource, while also working to enhance shareholder returns.”
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PNR: