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Divestiture May 2017 Verified

Regal Beloit Divests Business Unit

Regal Beloit's Q1 2017 organic sales calculation includes a deduction for a business divestiture, indicating the company sold a business unit. The divestiture impacted sales by (0.6)% in the quarter.

“Organic Sales* of 0.7% – Foreign Currency Translation of (0.6%) – Business Divestiture of (0.6%)”

Entities

ElectricalHVAC Sentiment: Neutral

Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.