Zurn Elkay reports 10% Q2 sales growth, raises full-year outlook on margin expansion

Filed July 28, 2026 · Period ending July 28, 2026 · ~1 min read

Key Changes

• high

  Q2 net sales rose 10% to $491M with adjusted EBITDA margin expanding 120 bps to 27.7%; adjusted EPS increased 19% to $0.50, reflecting pricing realization and productivity gains.

  Exhibit 99.1 view on EDGAR →
• high

  Received $48M cash refund for previously paid IEEPA reciprocal tariffs, boosting GAAP operating income by $47.6M (excluded from adjusted EBITDA); one-time benefit elevated reported earnings.

  Exhibit 99.1 view on EDGAR →
• high

  Raised full-year 2026 adjusted EBITDA guidance to $503-513M (140 bps margin expansion vs. 2025, excluding tariff refunds) and free cash flow to at least $350M; Q3 core sales growth expected 6-7%.

  Exhibit 99.1 view on EDGAR →