MUELLER INDUSTRIES $MLI Q3’26 EARNINGS HIGHLIGHTS 🔹 Net Sales: $1.42B (Est. $1.28B) 🟢; +31% YoY 🔹 GAAP EPS: $1.00; +6% YoY 🔹 Oper Income: $281.6M; +2% YoY 🔹 Net Income: $221.2M; +6% YoY Other Q3 Metrics: 🔹 COMEX Copper Avg: $6.48/lb; +34.2% YoY 🔹 Cash from Operations: $337.0M 🔹 Cash & ST Investments: $1.48B Segment Net Sales: 🔹 Piping Systems: $890.6M 🔹 Industrial Metals: $409.4M 🔹 Climate: $142.8M Segment Operating Income: 🔹 Piping Systems: $225.3M 🔹 Industrial Metals: $33.7M 🔹 Climate: $46.3M Key Updates: 🔹 The results include $9.4M in charges related to purchase accounting for recent acquisitions. 🔹 Purchased 3.2 million shares of common stock for $201.9M. 🔹 Dividends per share increased to $0.175 versus $0.125. 🔹 Per-share figures reflect the two-for-one stock split that took effect on June 30, 2026. Comments: 🔸 “Throughout the quarter, demand remained healthy and backlogs grew in each segment, largely propelled by U.S. data center expansions and other commercial building activities.”