Reports Q3 revenue $942.5M, consensus $948.12M. Steve Shafer, chief executive officer, stated, “In the third quarter, the A. O. Smith team achieved sales growth of 4%. The North America segment delivered 6% growth driven by the benefits of pricing actions implemented earlier this year to address increased costs in North America and continued demand resiliency for our commercial water heaters and boilers. This performance was partially offset by continued economic challenges in China, which experienced a 12% local currency sales decline in the quarter.”
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AOS:
- AOS Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- 3 Best Dividend Aristocrat Stocks to Buy Now, 10/20/2025
- A.O. Smith raises quarterly dividend 6% to 36c per share
- A. O. Smith Corporation: Hold Rating Amidst Challenges in Chinese Market and Strategic Review Potential
- A.O. Smith appoints Chris Howe as CDIO