A. O. Smith (AOS) to Benefit From Business Strength Amid Risks
AOSA. O. Smith(AOS) ZACKS·2024-06-10 19:57

A. O. Smith Corporation (AOS) has been benefiting from strong demand for water heater products and higher shipments in North America. The company expects sales from both the North America boiler and water treatment businesses to grow approximately 8-10% in 2024. Also, healthy demand for tankless water heaters and kitchen appliance products in China has been boosting performance of the Rest of the World business. For 2024, A. O. Smith expects overall sales to increase approximately 3-5% from the year-ago lev ...