WTS — what changed in the latest 10-Q

Text added vs the prior filing · source: 10-Q · 2026-05-07

• Tariffs imposed on foreign imports into the United States have increased the cost of our products and could adversely impact the gross profit we earn on our products. We are proactively managing changes in tariffs and supply disruptions by leveraging our global sourcing strategy, driving incremental…

• Supreme Court’s ruling invalidating IEEPA tariffs, the U.S. government imposed new and revised tariffs under various other regimes.

• We continue to closely monitor impacts to our business, customers, suppliers, employees, and operations in the Middle East due to the conflict in Iran and increased regional instability and tensions. Our operations and our suppliers’ operations in the region have not been materially impacted, althou…

• The trade policy environment and recent geopolitical events have created uncertainty which may result in reduced economic activity. However, gross domestic product (“GDP”) is expected to remain positive and is generally a leading indicator for our repair and replacement business. New construction in…

• First quarter 2026 sales increased 21.4%, or $119.3 million, on a reported basis, and 11.9%, or $66.6 million, on an organic basis, compared to the first quarter of 2025. The reported sales increase included acquired sales of 6.6%, or $36.6 million, with $30.7 million reported within the Americas se…

Text removed vs the prior filing · source: 10-Q · 2025-11-06

• Tariffs imposed on foreign imports into the United States, particularly from Canada, China and Mexico, have increased the cost of our products and could adversely impact the gross margin we earn on our products. We are proactively responding to the dynamic trade environment by leveraging our global …

• The trade policy environment and the ongoing U.S. government shutdown has created uncertainty and may result in further reductions to economic forecasts, including a reduction in global gross domestic product (“GDP”) expectations. While GDP is expected to be lower than the prior year, it is expected…

• Third quarter 2025 sales increased 12.5%, or $68.1 million, on a reported basis, and 9.4%, or $50.8 million, on an organic basis, compared to the third quarter of 2024. The reported sales increase compared to the third quarter of 2024 was positively impacted by acquired sales of 2.0%, or $11.1 milli…

• In discussing our results of operations, segment earnings is the GAAP performance measure used by our chief operating decision-maker (“CODM”) to assess and evaluate segment results. Segment earnings exclude the impacts of special items which are defined as non-recurring, and unusual expenses or bene…

• On November 4, 2025, we completed the acquisition of Haws Corporation (“Haws”) in a share purchase transaction funded with cash on hand. Haws is headquartered in Sparks, Nevada and is a leading global brand providing emergency safety and hydration solutions serving industrial, institutional and non-…

Text added vs the prior filing · source: 10-Q · 2026-05-07

• During the first quarter ended March 29, 2026, no director or officer of the Company adopted or terminated a “Rule 10b5-1 trading arrangement” or “non-Rule 10b5-1 trading arrangement,” as each term is defined in Item 408(a) of Regulation S-K.

Text removed vs the prior filing · source: 10-Q · 2025-11-06

• On September 10, 2025, Elie A. Melhem, the Company’s President, Asia Pacific, Middle East & Africa, adopted a written stock sale plan intended to satisfy the affirmative defense of Rule 10b5-1(c) of the Exchange Act, as amended (the “Melhem 10b5-1 Plan”) for the sale of shares of the Company’s Class…

• Except as disclosed above, during the third quarter ended September 28, 2025, no director or officer of the Company adopted or terminated any “Rule 10b5-1 trading arrangement” or “non-Rule 10b5-1 trading arrangement,” as each term is defined in Item 408(a) of Regulation S-K.