Welcome to our dedicated page for Johnson Controls International news (Ticker: JCI), a resource for investors and traders seeking the latest updates and insights on Johnson Controls International stock.
News for Johnson Controls International plc (JCI) centers on its role in building technology, smart buildings and retail-focused solutions. The company regularly issues updates describing itself as the global leader for smart, healthy and sustainable buildings, and highlights how its technologies transform environments where people live, work, learn and play. Many announcements focus on innovations delivered through its OpenBlue digital offering and its presence in industries such as healthcare, schools, data centers, airports, stadiums and manufacturing.
A significant portion of Johnson Controls news involves Sensormatic Solutions, its global retail solutions portfolio. Sensormatic announcements cover new capabilities in loss prevention, inventory intelligence and traffic insight solutions. Recent items include the expansion of the Shrink Analyzer application with machine learning features, the introduction of Category-Level Shrink Insights using acousto-magnetic EAS technology, and the launch of the FLEX platform that combines storefront merchandising, retail media and loss prevention technologies.
Other news highlights TrueVUE Cloud inventory intelligence, including a platform-as-a-service option for retailers and collaborations with partners such as Keonn Technologies to support hands-free cycle counting and real-time merchandise location. Johnson Controls also features updates on AI-enabled sensors and video analytics, such as Orbit AI and Store Guest Behaviors, which provide shopper journey and traffic insights.
In addition, investors will find corporate and financial communications such as earnings conference call webcasts, strategic investments in areas like liquid cooling for AI and high-performance computing data centers, and disclosures related to portfolio changes. This news page brings together these varied updates so readers can follow how Johnson Controls and its Sensormatic Solutions portfolio evolve across building technology, retail operations and data center applications.
Johnson Controls has launched the Johnson Controls Academy, a six-week training program aimed at addressing the skilled labor gap in the building technology sector. Based at Lincoln Tech's campus in Columbia, Maryland, the academy provides housing and relocation assistance to participants, helping them transition to employment at Johnson Controls locations across the U.S. Each year, the program seeks to onboard approximately 130 new technicians. The initiative is essential as the industry faces an expected 10,000 job openings annually over the next decade due to retiring professionals. Graduates are equipped with the necessary digital and technical skills for today’s job market.
Johnson Controls International plc (NYSE: JCI) reported its fiscal Q1 2023 results, showcasing a 4% increase in sales to $6.1 billion and a 9% organic growth. GAAP EPS was $0.17, while adjusted EPS rose 24% to $0.67. The company saw a 5% increase in orders year-over-year, leading to a record backlog of $11.3 billion, up 11% organically. Johnson Controls is optimistic about its fiscal Q2 and has updated its full-year guidance, emphasizing strong operational execution and a focus on service-based business growth.
Johnson Controls (NYSE: JCI) has been recognized by Corporate Knights as one of the World's 100 Most Sustainable Corporations for the ninth consecutive year. The company ranked #1 in HVAC equipment manufacturing and #17 overall among 27 peers. Johnson Controls aims to achieve net zero Scope 1 and 2 carbon emissions by 2040, with significant commitments including sourcing 100% renewable energy and investing 75% of new R&D in climate-related innovations by 2030. The recognition underscores the company's dedication to delivering smart, healthy, and sustainable buildings.
Johnson Controls has teamed up with Zliide to enhance self-checkout solutions in retail. This partnership merges Zliide's mobile technology with Sensormatic's loss prevention expertise, aimed at creating secure and convenient shopping experiences. Key features include:
- Instant mobile checkouts
- Endless aisles for out-of-stock items
- No-contact checkout for tagged items
- User-friendly experience without app downloads
- Personalized recommendations
- Item insights for better product understanding
The integration of data from Zliide into Sensormatic IQ promises advanced insights for retailers.
Sensormatic Solutions, part of Johnson Controls (NYSE:JCI), showcased its computer vision analytics at the 2023 NRF Big Show. The technology utilizes deep learning algorithms to optimize labor, enhance loss prevention, and improve shopper experiences. Key features include automating tasks to reallocate labor effectively, insights into shopper behavior for better merchandising, and proactive loss prevention through real-time monitoring. The system leverages existing video infrastructure, allowing retailers to maximize the capabilities of their current setups. Sensormatic aims to empower retailers to drive sales, reduce risks, and elevate customer service.
Johnson Controls (NYSE: JCI) has acquired Hybrid Energy AS, a provider of high-temperature energy management solutions, enhancing its industrial heat pump portfolio. This acquisition aims to address the growing demand for high-temperature heat pumps in district heating and industrial markets, particularly in Europe. With patented technology capable of achieving temperatures above 100 degrees Celsius using ultra-low GWP natural refrigerants, this move supports sustainability and decarbonization efforts. Although exact financial terms were not disclosed, the acquisition positions JCI strategically in a rapidly growing market, aligning with EU goals to reduce greenhouse gas emissions.
Sensormatic Solutions, a division of Johnson Controls (NYSE:JCI), will showcase advanced analytics and AI-driven solutions at the 2023 NRF Big Show, held January 14-17. The focus will be on the Sensormatic IQ platform, integrating data to enhance retail operations. Key offerings include Inventory Intelligence using RFID technology, loss prevention analytics, improved shopper experiences, and optimizing store performance. This initiative aims to address evolving shopper preferences and enhance operational efficiency for retailers.
Johnson Controls International plc (NYSE: JCI) has announced its First Quarter Fiscal 2023 Earnings Conference Call scheduled for February 1, 2023, at 8:30 a.m. ET. This conference will provide insights into the company's latest financial performance and strategic developments. Investors can access the call live via webcast or by telephone. A replay will be available post-event. Johnson Controls aims to enhance building performance through innovative solutions, backed by a global team of 100,000 professionals.
On December 17, 2022, shopper traffic to U.S. brick-and-mortar stores rose by 17% compared to the previous Saturday and by 0.2% from Super Saturday 2021, according to Sensormatic Solutions, part of Johnson Controls (NYSE:JCI). This data indicates a robust season as retailers prepare for the busy holiday weekend, aided by their intelligent traffic analytics platform, Sensormatic IQ. Despite the traffic surge, challenges remain, including a looming winter storm that could affect future shopping days.
Summary not available.