secwatch.observer — SEC 8-K summary
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Issuer:     SMITH A O CORP (AOS)
CIK:        0000091142
Form:       8-K
Filed at:   2024-04-25T23:59:59+00:00
Accession:  0000091142-24-000130
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

A. O. Smith Q1 EPS $1.00 up 19% YoY; reaffirms FY2024 guidance
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- EPS of $1.00 (GAAP and adjusted), up 19% YoY on sales of $979M (+1%).
- North America segment margin 25.9% up 80bps from 25.1% on mix shift to high-efficiency water heaters.
- Rest of World sales +4% with China +6% local currency and India +16%.
- Free cash flow $84.6M; repurchased $74.5M in shares and declared $0.32 dividend.
- Reaffirmed FY2024 EPS guidance $3.90-$4.15 and sales growth 3%-5%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/91142/000009114224000130/0000091142-24-000130-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/91142/000009114224000130/aos-20240425.htm
  HTML page:      https://secwatch.observer/filing/0000091142-24-000130

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