A. O. Smith — Third Quarter 2026 Earnings Summary

A. O. Smith reported third-quarter 2026 net sales of $940.5 million and net earnings of $126.3 million, with diluted earnings per share of $0.93. The company announced definitive agreements to sell an 81% interest in its China business to CPE for approximately $400 million, retaining a 19% stake and a long-term brand license. Consequently, full-year 2026 guidance has been updated to exclude the China business, projecting net sales growth of approximately 4% and adjusted earnings per share between $3.42 and $3.52. Segment performance showed a 3% sales increase in North America driven by boiler growth and the Leonard Valve acquisition, while Rest of World sales declined 7% due to weakness in the Chinese consumer appliance market.