Business
Zurn Elkay Water Solutions Reports First Quarter 2026 Financial Results
MILWAUKEE, April 21, 2026--Zurn Elkay Water Solutions Reports First Quarter 2026 Financial Results
About this update from Zurn Elkay Water Solutions Corporation
Investor call scheduled for Wednesday, April 22, 2026 at 8:30 a.m. Eastern Time MILWAUKEE, April 21, 2026--(BUSINESS WIRE)--Zurn Elkay Water Solutions Corporation (NYSE:ZWS) First Quarter Highlights Todd A. Adams, Chairman and Chief Executive Officer, commented, "First quarter core sales(1) grew 11% and adjusted EBITDA(1) grew 18% year over year as adjusted EBITDA margins(1) expanded 160 basis points to 26.8%. We’re pleased with the traction we’re getting on our targeted growth initiatives as well as the progress we’re making on opening new growth adjacencies that will launch later in 2026 and into 2027." "We continue to prioritize the relentless deployment of our strategic initiatives paired with world-class operational execution within our business by leveraging the Zurn Elkay Business System. The strength and resilience of our business is something we’ve cultivated and added to over a long period of time, by being laser focused on building unique, sustainable competitive advantages across our business. The depth and breadth of these advantages lie in our products, supply chain, go-to market alignment, vertical and geographic market focus, and the value that provides to our customers and the industry." Adams continued, "In February we issued our 2025 Sustainability report, which highlights our continued progress in strengthening environmental stewardship across our operations and providing additional solutions to help our customers meet their sustainability goals. As the world increasingly faces water conservation and contamination issues, our role as a leader in water management is to meet those challenges with practical, innovative solutions that set new standards for water efficiency, safety and quality." Outlook "Our outlook for the second quarter and full year is based on the assumption that the current tariff structure in place as of today (April 21, 2026) remains in place throughout 2026. We expect second quarter core sales(1) to grow by 8% to 9% compared to last year's second quarter and adjusted EBITDA margins(1) to be between 27.0% to 27.5%. At present, we see the potential for upside beyond our Q1 actuals and Q2 guidance to the full year 2026 outlook we provided last quarter, and our plan is to revisit the second half of 2026 outlook as we announce Q2 results." First Quarter 2026 Overview Net s...
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