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    Advanced Drainage Systems Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Regulation FD Disclosure, Other Events, Financial Statements and Exhibits

    5/15/25 7:01:58 AM ET
    $WMS
    Containers/Packaging
    Consumer Discretionary
    Get the next $WMS alert in real time by email
    wms-20250515
    0001604028False00016040282025-05-152025-05-15

    UNITED STATES
    SECURITIES AND EXCHANGE COMMISSION
    WASHINGTON, D.C. 20549
     
    FORM 8-K
     
    CURRENT REPORT
    Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
    Date of Report (Date of earliest event reported): May 15, 2025
     
    ADVANCED DRAINAGE SYSTEMS, INC.
    (Exact name of Registrant as Specified in Its Charter)
     
    Delaware001-3655751-0105665
    (State or Other Jurisdiction
    of Incorporation)
    (Commission File Number)
    (IRS Employer
    Identification No.)
       
    4640 Trueman Boulevard, 43026
    Hilliard,Ohio
    (Address of Principal Executive Offices) (Zip Code)
    Registrant’s Telephone Number, Including Area Code: (614) 658-0050
    Not Applicable
    (Former Name or Former Address, if Changed Since Last Report)
     
    Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instructions A.2. below):
     
    ☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
    ☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
    ☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
    ☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
    Securities registered pursuant to Section 12(b) of the Act:
     
    Title of each class 
    Trading
    Symbol(s)
     Name of each exchange on which registered
    Common Stock, $0.01 par value per share WMS New York Stock Exchange
    Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
    Emerging growth company ☐
    If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐



    Item 2.02    Results of Operations and Financial Condition 
    On May 15, 2025, Advanced Drainage Systems, Inc. (the "Company") issued a press release setting forth the Company’s unaudited results for the fourth quarter and fiscal year ended March 31, 2025. A copy of the Company’s press release with the results is being furnished as Exhibit 99.1 and hereby incorporated by reference.
    The information furnished pursuant to this Item 2.02, including Exhibit 99.1, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the "Exchange Act") or otherwise subject to the liabilities under Section 18 of the Exchange Act and shall not be deemed to be incorporated by reference into any filing of the Company under the Securities Act of 1933 or the Exchange Act.

    Item 7.01    Regulation FD Disclosure 
    As previously announced, at 10:00 a.m. (Eastern time) on May 15, 2025, the Company’s President and Chief Executive Officer, Scott Barbour, and Chief Financial Officer, Scott Cottrill, will host a conference call and webcast to discuss the Company’s unaudited results for the fourth quarter and fiscal year ended March 31, 2025. A copy of the Company’s slides forming the basis of the presentation is being furnished as Exhibit 99.2 and hereby incorporated by reference.  
    The live webcast will also be accessible via the "Events Calendar" section of the Company’s Investor Relations website, www.investors.ads-pipe.com. An archived version of the webcast will be available for 90 days following the call.

    The information furnished pursuant to this Item 7.01, including Exhibit 99.2, shall not be deemed “filed” for purposes of Section 18 of the Exchange Act or otherwise subject to the liabilities under Section 18 of the Exchange Act and shall not be deemed to be incorporated by reference into any filing of the Company under the Securities Act of 1933 or the Exchange Act.
    Item 8.01    Other Events
    On May 15, 2025, the Company issued a press release announcing the approval by the Board of Directors (the "Board") of the Company of the declaration of a cash dividend of $0.18 per share, payable on June 16, 2025, to stockholders of record at the close of business on May 30, 2025. A copy of the Company’s press release is attached hereto as Exhibit 99.3 and hereby incorporated by reference.
    Item 9.01    Financial Statements and Exhibits.
    (d)Exhibits
    The following exhibits are being furnished as part of this report:
    99.1 
    Press Release of Advanced Drainage Systems, Inc., dated May 15, 2025, regarding earnings
       
    99.2 
    Presentation slides, dated May 15, 2025, regarding earnings
       
    99.3 
    Press Release of Advanced Drainage Systems, Inc., dated May 15, 2025, regarding dividend
       
    104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
     
    1


    SIGNATURES
    Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
    ADVANCED DRAINAGE SYSTEMS, INC.
    Date: May 15, 2025By:/s/ Scott A. Cottrill
    Name:Scott A. Cottrill
    Title:EVP, CFO & Secretary
    2
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