JamesBrey In FY21 and FY22, the company's sales benefited from higher pricing and increased volumes due to good end-market demand. However, last year, the company's sales growth was negatively impacted by high interest rates and customer inventory destocking resulting in lower volumes. The company lapped this impact in the recent quarter and the sales growth turned positive in Q2 2024. Investment Thesis I last covered Mueller Water Products (NYSE:MWA) with a buy rating in May 2023 and the stock is up ~36% s ...