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Johnson Controls International plc reports developments tied to commercial building technology, including thermal management, mission-critical building systems, energy efficiency and decarbonization. Company news commonly covers quarterly results, organic sales, orders, backlog, margins and guidance, along with capital returns through its regular dividend.
Updates also describe product and design activity for data center cooling, including AI Factory Reference Design Guides for chiller-based thermal systems. Other recurring announcements include investor conference participation, earnings webcasts, the Johnson Controls Business System, and ethics, compliance and governance recognition.
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.
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Johnson Controls International plc (NYSE: JCI) has declared a quarterly cash dividend of $0.35 per common share, scheduled for payment on Jan. 13, 2023, to shareholders recorded by the close of business on Dec. 19, 2022. This dividend maintains the company's long-standing commitment to shareholder returns, as it has consistently paid dividends since 1887.
Johnson Controls International plc (NYSE: JCI) has appointed Jim Lucas as the new Vice President of Investor Relations, effective immediately. Jim brings extensive experience from his previous role as Senior Vice President at Pentair and a 20-year career as a sell-side analyst. His expertise in financial leadership and investor relations strategy is expected to bolster JCI's growth initiatives. Chief Financial Officer Olivier Leonetti expressed confidence in Jim's ability to enhance the company's engagement with the investment community.
Johnson Controls (NYSE: JCI) announced a $500,000 donation from its foundation to the American Red Cross Annual Disaster Giving Program (ADGP), marking a decade of support since 2012. This funding assists the Red Cross in enhancing disaster readiness and response capabilities, addressing the increasing frequency of natural disasters. The donation underscores the foundation's commitment to community support, helping the Red Cross maintain trained volunteers, innovative technologies, and essential resources for effective crisis management.
Johnson Controls, through Sensormatic Solutions, announced a 3.1% increase in in-store shopper traffic during Black Friday 2022 compared to 2021. Final data indicated a 17.2% rise on Thanksgiving Day, while overall traffic remained flat for the Black Friday weekend. Notably, Saturday and Sunday saw declines of 2.7% and 4.1% respectively. The peak shopping time on Black Friday was between 1 p.m. and 3 p.m. This data reflects a return to pre-pandemic traffic trends, as shopping behaviors evolve away from health concerns that defined previous years.
Johnson Controls' Sensormatic Solutions reported a 2.9% rise in U.S. in-store shopper traffic on Black Friday, November 25, 2022, compared to 2021. Thanksgiving Day traffic saw a significant 19.7% increase. Enclosed mall visits rose by 1.2%, while non-mall venues experienced a 4.7% increase. The findings highlight consumer preference for brick-and-mortar shopping, with over 51% of surveyed shoppers planning to shop physically. Sensormatic anticipates that the top 10 busiest shopping days will account for 40% of holiday traffic, requiring retailers to adapt strategies for an earlier Super Saturday this year.
Johnson Controls International plc (NYSE: JCI) will present at the 10th Annual Credit Suisse Global Industrials Conference in Palm Beach, Florida, on December 2, 2022, at 9:30 a.m. ET. The presentation will be led by Chairman and CEO George Oliver. Interested parties can access a live webcast of the event on Johnson Controls' website. The company is recognized as a leader in smart, healthy, and sustainable buildings, with a global workforce of around 100,000 experts. Johnson Controls focuses on innovation across various industries, including healthcare, education, and data centers.
Johnson Controls (NYSE:JCI) has launched OpenBlue Enterprise Manager (OBEM) on Alibaba Cloud, enhancing its collaboration with the leading cloud provider. This initiative supports Johnson Controls' commitment to sustainability, targeting the reduction of carbon emissions from buildings which account for 40% of global emissions. OBEM integrates data from various systems to optimize energy use and operational efficiency across 4,000 deployed buildings. The partnership will also expand digital solutions in the Asia Pacific region, including Southeast Asia.
Johnson Controls (NYSE: JCI) has expanded its partnership with Clemson University with a new $45M net zero campus initiative, enhancing sustainability and modernizing campus infrastructure. This project aims to reduce greenhouse gas emissions by 20% by 2025 and generate over $3M in annual savings through a 15-year contract. The initiative supports Clemson's goal for carbon neutrality by 2030, benefiting approximately 28,000 students and 5,500 faculty and staff. The comprehensive energy conservation solutions include LED lighting, HVAC improvements, and laboratory controls.