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Market commentary Aug 2016 Verified

Warm Weather Driving Strong HVAC Demand for Regal Beloit

Regal Beloit reported that warmer weather is driving strong HVAC demand, which picked up in June and remained strong into the third quarter of 2016. The company expects this trend to contribute to improved second-half organic sales growth.

“Warmer Weather Driving Strong HVAC Demand”

Entities

HVAC Sentiment: Positive

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.