Earnings ·
A. O. Smith Corporation reported second-quarter 2026 results with net sales of $1 billion and diluted EPS of $0.91…
AOSSmith A O Corp
A. O. Smith Corporation reported second-quarter 2026 results with net sales of $1 billion and diluted EPS of $0.91, down from $1.07 a year ago. North America segment sales rose 5% to $820.5 million, driven by boiler growth and the Leonard Valve acquisition, while Rest of World sales fell 19% due to weakness in China. The company updated its full-year guidance, narrowing diluted EPS expectations to $3.60–$3.75 and adjusted EPS to $3.70–$3.85. Additionally, A.O. Smith increased its 2026 share repurchase target by 50% to $300 million. The company operates in the global water technology industry, manufacturing residential and commercial water heating equipment, boilers, and water treatment products.