A.O. Smith Corporation (AOS) Q2 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:04.816 Good day, and thank you for standing by. Welcome to the second quarter 2025 earnings 00:00:04.816 -- 00:00:08.981 conference call. At this time, all participants are in a listen-only mode. 00:00:08.981 -- 00:00:12.525 After the speaker's presentation, there will be a question and answer session. 00:00:12.525 -- 00:00:16.289 To ask a question during the session, you will need to press star 11 on your telephone. 00:00:16.289 -- 00:00:20.433 You will then hear an automated message advising that your hand is raised. 00:00:20.433 -- 00:00:23.276 To withdraw your question, please press star 11 again. 00:00:23.276 -- 00:00:26.480 Please be advised that today's conference is being recorded. 00:00:26.480 -- 00:00:30.944 I would now like to hand the conference over to your speaker today, Helen Gerholtz, please 00:00:30.944 -- 00:00:32.944 begin. 00:00:33.027 -- 00:00:37.534 Good morning, and welcome to the A.O. Smith second quarter conference call. 00:00:37.534 -- 00:00:43.142 I'm Helen Gerholtz, Vice President, Investor Relations and Financial Planning and Analysis. 00:00:43.142 -- 00:00:48.069 Today, I'm joined by Steve Schaefer, Chief Executive Officer, and Chuck Lauber, Chief 00:00:48.069 -- 00:00:53.837 Financial Officer. Within today's presentation, we have provided non-GAAP measures. 00:00:53.837 -- 00:00:59.414 Free cash flow is defined as cash from operations plus capital expenditures. 00:00:59.414 -- 00:01:04.183 Reconciliations from GAAP measures to non-GAAP measures are provided in the appendix 00:01:04.183 -- 00:01:07.929 at the end of this presentation and on our website. 00:01:07.929 -- 00:01:11.756 A friendly reminder that some of our comments and answers during this conference call 00:01:11.756 -- 00:01:16.485 will be forwar...