secwatch.observer — SEC 8-K summary
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Issuer:     SMITH A O CORP (AOS)
CIK:        0000091142
Form:       8-K
Filed at:   2023-01-31T23:59:59+00:00
Accession:  0000091142-23-000003
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

A.O. Smith reports record 2022 sales of $3.8B; adjusted EPS $3.14, up 6%; guides 2023 EPS $3.15-$3.45
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- Record 2022 sales of $3.754B, up 6% YoY; GAAP EPS $1.51 includes $1.60 pension settlement charge.
- Adjusted EPS of $3.14, up 6% YoY; Q4 adjusted EPS $0.86, up 1% despite 6% sales decline.
- North America adjusted segment margin 21.7% (vs 22.9%); Rest of World margin 10.0% (up 120bps).
- 2023 outlook: sales $3.64-$3.87B (flat +/-3%); EPS $3.15-$3.45, up ~5% at midpoint.
- Dividend $0.30/share (83rd consecutive year); Board ups buyback auth by 7.5M shares; $200M repurchases planned.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/91142/000009114223000003/0000091142-23-000003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/91142/000009114223000003/aos-20230131.htm
  HTML page:      https://secwatch.observer/filing/0000091142-23-000003

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer