As we look forward, we see uncertainty in the macroeconomic environment, which could result in softer demand in our commercial and industrial and mechanical businesses. Additionally, we expect to see a negative impact on our sales and operating profit from foreign currency translation in the third quarter. Our HVAC business has substantially anniversaried the R22 conversion, and should benefit from better year-over-year comparisons as well and as well from the warmer weather.With that, I will turn it over to Chuck Hinrichs.
Regal-Beloit's CEO Discusses Q2 2012 Results - Earnings Call Transcript
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