A.O. Smith Q2 FY26 net earnings drop 18% to $124.9 million; net sales slip 1% to $1 billion
Reuters2026/07/30 11:07Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- A. O. Smith posted Q2 net earnings of USD 124.9 million, down 18% year over year; diluted EPS fell 15% to USD 0.91.
- Net sales slipped 1% to USD 1.00 billion, with North America up 5% to USD 820.5 million while Rest of World dropped 19% to USD 194.9 million.
- First-half operating cash flow rose 42% to USD 253.8 million; free cash flow climbed 67% to USD 233.3 million.
- Raised 2026 share repurchase target to USD 300 million; narrowed 2026 sales growth view to 2%-3%.
- 2026 guidance calls for GAAP diluted EPS of USD 3.60-3.75; non-GAAP adjusted EPS of USD 3.70-3.85.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. A.O. Smith Corporation published the original content used to generate this news brief via PR Newswire (Ref. ID: 202607300655PR_NEWS_USPR_____CG15714) on July 30, 2026, and is solely responsible for the information contained therein.
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