Commercial HVAC Weakness Outside U.S. and Residential HVAC Demand Acceleration

Regal Rexnord's Power Efficiency Solutions segment saw a sales decline due to weakness in the general commercial market and commercial HVAC outside the U.S., along with higher than anticipated residential HVAC demand acceleration and an associated supply chain ramp lag.

“The decline primarily reflects weakness in the general commercial market and in commercial HVAC outside the U.S., along with higher than anticipated residential HVAC demand acceleration and an associated lag in our supply chain ramping.”

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