Weakness in Commercial HVAC End Markets

Regal Beloit reported a negative organic sales growth rate of 5.5% in its Commercial and Industrial Systems segment, driven in part by weakness in commercial HVAC end markets.

“The result was a negative organic sales growth rate of 5.5% driven by weakness in the pool pump, China, commercial HVAC and power generation end markets.”

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.