Weakness in North American Residential HVAC Markets

Regal Rexnord's Power Efficiency Solutions segment saw a 19.1% organic sales decline, driven by continued weakness in North American residential HVAC markets, along with weakness in China and channel destocking in the U.S. general commercial market.

“The decline reflects continued weakness in N.A. residential HVAC markets, weakness in China, and channel destocking in the U.S. general commercial market.”

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