A series of news covers A. O. Smith Corporation's (AOS) journey. Recent news include a report on the company navigating through various challenges to stay afloat. The company's stock has seen a commendable upward journey despite underlying earnings not growing at the same pace. The company's quarterly earnings for Q1 2025 have beaten market expectations, even though its sales have reportedly declined. The company has set a quarterly dividend and has been recognized as one of the World's Most Ethical Companies for the second time.
In terms of leadership, Kevin Wheeler is to become the Executive Chairman while Stephen Shafer has been named President and CEO. Further, AOS's first-quarter sales reached $964 million with Earnings Per Share (EPS) of $0.95. Meanwhile, the company is making a significant strategic shift as a 3M Executive takes helm as the 11th CEO. The company has also acquired water purification business, Pureit, and water treatment solution provider Water-Right, Inc, signaling a broader focus on water solutions.
A O Smith Corporation AOS News Analytics from Wed, 16 Jun 2010 07:00:00 GMT to Sat, 24 May 2025 07:50:58 GMT - Rating 6 - Innovation 0 - Information 8 - Rumor -2
