MILWAUKEE – October 29, 2026 -- A. O. Smith (NYSE: AOS) reported third-quarter 2026 sales of $941 million, net earnings of $126 million and diluted EPS of $0.93, while moving to sell 81% of its China business to alternative asset manager CPE and cutting China from its full-year outlook.

MILWAUKEE – October 28, 2026 -- A. O. Smith Corporation (NYSE: AOS) agreed to sell an 81% interest in its China business to alternative asset manager CPE, valuing the unit at approximately $400 million on a cash-free, debt-free basis. The company will keep a 19% stake and sign a long-term brand licensing agreement.