A.O. Smith reports Q2 2026 sales of $1B, EPS $0.91; raises 2026 share buyback target to $300M.

A.O. Smith posted Q2 2026 sales of $1 billion and net earnings of $125 million, with diluted EPS of $0.91. North America sales rose 5%, aided by the Leonard Valve acquisition and boiler growth, while Rest of World sales fell 19%, mainly due to weak demand in China. The company increased its 2026 share repurchase target to $300 million and updated full-year guidance to 2-3% sales growth and adjusted EPS between $3.70 and $3.85. Despite challenges in residential water heater demand and China market softness, strong cash flow and operational improvements support confidence in long-term value creation.