Lennox International

Lennox International, Inc. engages in the design, manufacture, and marketing of products for heating, ventilation, air conditioning, and refrigeration. It operates through the following business segments: Residential Heating & Cooling, Commercial Heating & Cooling, and Refrigeration. The Residential Heating & Cooling segment manufactures and markets furnaces, air conditioners, heat pumps, packaged heating and cooling systems, equipment, and accessories. The Commercial Heating & Cooling segment sells unitary heating and cooling equipment used in light commercial applications. The Refrigeration segment includes retail equipment for the commercial refrigeration market including condensing unit, unit coolers, fluid, coolers, air cooled condensers, supermarket display cases, and systems. The company was founded by Dave Lennox in 1895 and is headquartered in Richardson, TX.

Earnings data Q4 2020

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Lennox International reports robust Q4 performance and strategic growth outlook

Lennox International (LII) delivered a strong performance in Q4 2022, with record revenues and profit in key segments.
Despite challenges in maintaining growth momentum and increased capital spending, the company remains focused on strategic initiatives.
Opportunities lie in new product launches, commercial profit recovery, and strategic divestitures for future growth.
Overall, Lennox is well-positioned to navigate challenges and capitalize on opportunities in 2023.

Lennox International reports record earnings, focuses on margin recovery

Lennox International maintains full-year financial guidance with a focus on margin recovery.
Company aims to improve inventory turns and optimize margins through pricing actions.
Preparation for 2025 transition with investments in service levels and product mix.

Lennox International achieves record Q2 results, eyes growth opportunities

Lennox International's Q2 2023 performance reflects a mixed segment outlook, with strong commercial results and residential challenges. Strategic initiatives and investments in the refrigerant transition position the company for future growth.

Lennox International (LII) reports record Q3 performance and eyes growth

Lennox International (LII) delivered strong financial performance in Q3 2023, driven by record revenue and profit across residential and commercial segments.
The company's strategic moves, including the acquisition of AES and pricing initiatives, position it well for future growth and margin improvement.
While facing challenges such as seasonal impacts and absorption headwinds, Lennox remains optimistic about its outlook, focusing on operational excellence and market effectiveness.

Lennox International posts robust Q4 earnings, eyes growth opportunities

Lennox International (LII) delivered strong financial results in Q4 2023, with significant growth in adjusted EPS and core revenue, setting a positive tone for 2024.
The company's focus on operational excellence, strategic investments, and long-term financial goals positions it well for sustained growth and market leadership.
While facing challenges in the market environment, Lennox International remains confident in its ability to navigate uncertainties and drive profitability through effective cost management and growth strategies.
Opportunities for expansion through industry consolidation, international markets, and product innovations present avenues for future growth and enhanced shareholder value.

Lennox International reports record Q1 profits and strategic growth

Lennox International (LII) had a strong Q1 2024 with record profit margins and growth in adjusted earnings per share.
The company is well-prepared for industry transitions and is focused on improving distribution and expanding its market presence.
While facing working capital challenges and pricing pressures, Lennox sees opportunities in product efficiency and commercial segment growth.
Overall, Lennox's performance in Q1 sets a positive tone for the year ahead with revised fiscal guidance and strategic initiatives in place.

Lennox International (LII) reports robust Q2 earnings and strategic growth outlook

Lennox International (LII) delivered strong financial performance in Q2 2024, with a focus on revenue growth, margin expansion, and strategic partnerships. The company remains optimistic about growth opportunities and is actively addressing challenges such as market transitions and investments. Analyst inquiries during the earnings call highlighted a keen interest in the company's performance metrics and future outlook.

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Lennox International, Inc. engages in the design, manufacture, and marketing of products for heating, ventilation, air conditioning, and refrigeration. It operates through the following segments: Home Comfort Solutions, Building Climate Solutions, and Corporate and Other. The Home Comfort Solutions segment is involved in furnaces, air conditioners, heat pumps, packaged heating and cooling systems, indoor air quality equipment, comfort control products, replacement parts, and supplies. The Building Climate Solutions segment consists of unitary heating and air conditioning equipment, applied systems, controls, installation and service of commercial heating and cooling equipment, variable refrigerant flow commercial products, curb, curb adapters, drop box diffusers, HVAC recycling and salvage service, condensing units, unit coolers, fluid coolers, air cooled condensers, air handlers, process chillers, controls, and compressor racks. The Corporate and Other segment refers to the unitary heating and air conditioning equipment, chillers, air handlers, fan coils, fluid coolers, and compressor racks. The company was founded by Dave Lennox in 1895 and is headquartered in Richardson, TX.

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Lennox International (LII) CEO, Todd Bluedorn on Q2 2021 Results - Earnings Call Transcript

Lennox International Inc (NYSE: LII) reported second-quarter FY21 sales growth of 31.7% year-on-year, to $1.24 billion, beating the analyst consensus estimate of $1.15 billion. Revenue in the Residential Heating & Cooling business segment increased 30% Y/Y to $838 million, Commercial Heating & Cooling business surged 34% to $253 million, and Refrigeration business jumped 37% to $148 million.

Lennox Reports Strong Q2 Earnings

Shares of Lennox International (NYSE:LII) remained unaffected after the company reported Q2 results. Quarterly Results Earnings per share were up 53.87% over the past year to $4.57, which beat the estimate of $4.26.

Lennox International: Q2 Earnings Insights

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Lennox (LII) raises guidance on strategic investments and strong end-markets served.

Lennox's (LII) 2021 Earnings & Revenue View Up, CEO Retires

Lennox International Inc. (NYSE:LII) shares are trading lower by 6.6% at $313.86 Wednesday afternoon. The company earlier announced its CEO will step down in 2022 and raised its FY21 guidance, though the midpoint of guidance was still below consensus estimates.

Why Lennox Shares Are Trading Lower Today

Lennox International (NYSE:LII) has observed the following analyst ratings within the last quarter: Last 30 Days 1 Month Ago 2 Months Ago 3 Months Ago Bullish 0 0 0 0 Somewhat Bullish 0 0 0 0 Indifferent 1 1 0 1 Somewhat Bearish 0 0 0 2 Bearish 0 0 1 0 9 analysts offering 12-month price targets in the last 3 months for Lennox International evaluate the company at an average price target of $313.22 with a high of $351.00 and a low of $258.00.

Where Lennox International Stands With Analysts

DALLAS, July 14, 2021 /PRNewswire/ -- The Board of Directors of Lennox International Inc. (NYSE: LII) today announced that after 15 years, Todd Bluedorn informed the Board he will be stepping down as Chairman and Chief Executive Officer in mid-2022 based on his desire to create a better balance between his personal and professional priorities. The Board of Directors has commenced a search for the company's next CEO.

Lennox International Announces CEO Transition

Lennox International (NYSE: LII) and Budderfly, a North American Energy Efficiency-as-a-Service (EEaaS), announced a nationwide partnership to allows Budderfly to scale its no upfront cost HVAC replacement program with the addition of Lennox Model L, an ultra-high efficiency rooftop unit, and expert service and maintenance on Lennox and other HVAC brands. The Lennox partnership is part of Budderfly's multi-component energy optimization program created in part to service national accounts.

Lennox International Inks Agreement With Budderfly For HVAC Equipment And Services

SHELTON, Conn., July 8, 2021 /PRNewswire/ -- Budderfly , the fastest-growing firm in the North American Energy Efficiency-as-a-Service (EEaaS) market, today announced the company has partnered with Lennox International (NYSE: LII), a global leader in the heating, ventilation, air conditioning, and refrigeration markets.

Budderfly Signs Nationwide Agreement with Lennox International for HVAC Equipment and Services

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Residential HVAC demand has been very strong in the U.S., spurred by both replacement and new construction demand, and housing growth should stay above trend for a while longer.

Lennox Leveraging Incredibly Strong Residential HVAC Demand

DALLAS, June 9, 2021 /PRNewswire/ -- Lennox International (NYSE: LII), a global leader in the heating, air conditioning, and refrigeration markets, is revolutionizing the commercial HVAC industry by introducing the rooftop unit Ultimate Indoor Air Quality system as part of its Building Better Air initiative. With the ability to remove 99% of the virus that causes COVID-191 from the air2, Lennox has developed a rooftop unit that can help commercial businesses improve the health of their building.

Lennox announces industry-leading Ultimate Indoor Air Quality system

DALLAS, June 1, 2021 /PRNewswire/ -- Lennox International Inc. (NYSE: LII) today announced that Chairman and CEO Todd Bluedorn is scheduled to present at the KeyBanc Capital Markets Industrials & Basic Materials Conference, being held virtually, on Thursday, June 3. Presentation materials can be accessed on the company's website at www.lennoxinternational.com.

Lennox International to Present at KeyBanc Conference

DALLAS, May 28, 2021 /PRNewswire/ -- Lennox International Inc. (NYSE: LII) today announced that Chairman and CEO Todd Bluedorn is scheduled to present at the William Blair 41st Annual Growth Stock Conference, being held virtually, on Tuesday, June 1. Presentation materials and a live webcast beginning at 10:40 a.m.

Lennox International to Present at William Blair Conference

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Lennox International (LII) raises dividend to boost shareholder value.

Lennox (LII) Cheers Investors With 19% Dividend Increase

DALLAS, May 19, 2021 /PRNewswire/ -- The board of directors of Lennox International Inc. (NYSE: LII) voted to increase the quarterly cash dividend 19% to $0.92 per share of common stock. The dividend is payable on July 15, 2021, to stockholders of record as of June 30, 2021.

Lennox International Increases Dividend 19%

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DALLAS, May 7, 2021 /PRNewswire/ -- Lennox International Inc. (NYSE: LII), a global leader in energy-efficient climate control solutions, today announced that Chairman and CEO Todd Bluedorn is scheduled to present at the Goldman Sachs Industrials & Materials Conference 2021, being held virtually, on Tuesday, May 11, beginning at 12:10 p.m. Eastern time.

Lennox International to Present at Goldman Sachs Conference

DALLAS, May 3, 2021 /PRNewswire/ -- Lennox International Inc. (LII) partners closely with our suppliers who live by our core values of integrity, respect, and excellence. The unique challenges presented by the pandemic and the supply chain bullwhip effect of the swift economic recovery required our suppliers to step-up and keep product flowing to our customers.

Lennox International Announces the Supplier Excellence Awards

DALLAS, April 29, 2021 /PRNewswire/ -- Lennox International (NYSE: LII), a global leader in the heating, air conditioning, and refrigeration markets, officially revealed the Model L packaged rooftop line during the first-ever Lennox Commercial Product Showcase. The light commercial HVAC system features an all-new rooftop controller, the Lennox CORE Control System and Service App, which was a finalist in the 2021 AHR Expo Innovation Awards.

Lennox unveils Model L at commercial product showcase

RICHARDSON, Texas, April 27, 2021 /PRNewswire/ -- Lennox Industries, a trusted brand for over 125 years, unveiled updates to a whole-home heating and cooling system that is already recognized as the best in the industry. The Ultimate Comfort System™ combines the best of the Dave Lennox Signature® Collection to create an unprecedented whole-home comfort system that seamlessly and intelligently works together to stay finely tuned to your home and deliver consistently clean, perfect air.

News for Lennox International Stock (LII)