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.
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.
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.
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.