Lennox to Celebrate 25th Anniversary of IPO with Ringing of Closing Bell at the New York Stock Exchange on July 29

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Lennox (NYSE: LII), a leader in innovative climate solutions, is set to celebrate its 25th anniversary of going public by ringing the closing bell at the New York Stock Exchange on July 29, 2024. Since its 1999 IPO, Lennox has transformed from a regional HVAC manufacturer to a global market leader in heating, cooling, and commercial refrigeration technologies.

Over the past quarter-century, Lennox has achieved significant growth, both financially and operationally. The company has received numerous accolades for product excellence and has positioned itself as a pioneer in sustainability through high-efficiency products. Financially, Lennox has reported six consecutive quarters of double-digit ROS expansion and EPS growth.

CEO Alok Maskara emphasized the company's commitment to innovation, excellence, and delivering value to shareholders and customers as the HVACR industry evolves.

The Lennox leadership team will ring the closing bell at the NYSE on July 29, 2024, to commemorate the 25^th anniversary of its initial public offering in 1999.

DALLAS, July 29, 2024 /PRNewswire/ -- Lennox (NYSE: LII), a leading provider of innovative climate solutions, marks a significant milestone at the New York Stock Exchange (NYSE) as it celebrates the 25^th anniversary of its initial public offering (IPO).

Since its debut on the NYSE in 1999, Lennox has evolved from a regional HVAC manufacturer to a leader in the global market, specializing in heating, cooling, and commercial refrigeration technologies. Over the past quarter-century, Lennox has grown financially and operationally, establishing itself as a trusted brand for heating, cooling, and refrigeration needs in residential and commercial markets.

"Our legacy is rooted in a relentless pursuit of innovation and unwavering commitment to excellence. As we celebrate 25 years since our IPO, we reflect on our many past achievements, continue to lean into our enduring core values, and look ahead confidently," commented Lennox Chief Executive Officer Alok Maskara. "As the HVACR industry evolves, we're poised to continue delivering exceptional value to our shareholders and customers."

Lennox positions itself as a pioneer of innovative sustainability through the development of products with the highest SEER ratings and advanced technology. Over the past 25 years, Lennox and its brands have received numerous accolades for product excellence, including Dealer Design, GOOD Design, and Green Builder Sustainable Product awards. Recently, Lennox received the most Gold product awards of any honoree from the industry's prestigious Dealer Design Awards program.

Financially, Lennox has achieved significant milestones with six consecutive quarters of double-digit ROS expansion and EPS growth year over year. Lennox takes pride in consistently delivering strong performance and shareholder value. A strategic self-help transformation has propelled margin growth year-over-year. The current focus is growth acceleration which has been boosted by robust demand for products and services.

In ringing the NYSE closing bell, Lennox reiterates its enduring legacy and commitment to shareholder value, innovation, and sustainability. Join us and watch the bell ringing ceremony live here at The Bell | NYSE.

For more information about Lennox, visit lennox.com.

About Lennox
Lennox (NYSE: LII) is a leader in energy-efficient climate-control solutions. Dedicated to sustainability and creating comfortable and healthier environments for our residential and commercial customers while reducing their carbon footprint, we lead the field in innovation with our cooling, heating, indoor air quality, and refrigeration systems. Additional information on Lennox is available at www.lennox.com. 

Media Contact
pr@lennox.com 

Investor Relations Contact
investor@lennox.com

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SOURCE Lennox International Inc.

FAQ

When is Lennox (LII) ringing the closing bell at the NYSE?

Lennox (LII) is ringing the closing bell at the New York Stock Exchange on July 29, 2024, to celebrate the 25th anniversary of its initial public offering.

What significant financial achievements has Lennox (LII) reported recently?

Lennox (LII) has reported six consecutive quarters of double-digit ROS (Return on Sales) expansion and EPS (Earnings Per Share) growth year over year.

How has Lennox (LII) evolved since its IPO in 1999?

Since its IPO in 1999, Lennox (LII) has evolved from a regional HVAC manufacturer to a global market leader in heating, cooling, and commercial refrigeration technologies.

What awards has Lennox (LII) received for its products?

Lennox (LII) has received numerous awards for product excellence, including Dealer Design, GOOD Design, and Green Builder Sustainable Product awards. Recently, it received the most Gold product awards in the Dealer Design Awards program.

How is Lennox (LII) positioning itself in terms of sustainability?

Lennox (LII) is positioning itself as a pioneer in sustainability by developing products with the highest SEER ratings and advanced technology in the HVACR industry.