Financial PerformanceManagement sees margins fading from earlier levels, driven by volume pressure and costs associated with new product launches and shipping headwinds.
Market OutlookWeaker demand across regions suggests potential downside for the second half, skewing risk/reward to the downside.
Stock PerformanceAOS is underperforming significantly compared to the S&P, largely due to greater investor expectations for future steel tailwinds not reflected in guidance.