A. O. Smith(US:AOS)2019-07-30 17:48Second Quarter 2019 Results - Sales decreased by 8% to $765.4 million compared to $833.3 million in 2018 [5] - Net earnings decreased by 11% to $102.1 million compared to $114.5 million in 2018 [5] - Earnings per share decreased by 8% to $0.61 compared to $0.66 in 2018 [5] Segment Performance - North America sales decreased by 2% to $524.0 million compared to $534.2 million in 2018 [6] - Rest of World sales decreased by 19% to $249.1 million compared to $308.1 million in 2018 [6] - North America segment earnings decreased by 2% to $122.9 million compared to $124.9 million in 2018 [7] - Rest of World segment earnings decreased by 35% to $22.4 million compared to $34.7 million in 2018 [7] - North America segment margin was 23.5% compared to 23.4% in 2018 [7] - Rest of World segment margin was 9.0% compared to 11.3% in 2018 [7] 2019 Outlook - The company expects a revenue decline of approximately 2 to 2.5% in USD [17] - EPS is projected to be between $2.35 and $2.41 [17]