Welcome to our dedicated page for Lennox International news (Ticker: LII), a resource for investors and traders seeking the latest updates and insights on Lennox International stock.
Lennox International Inc. (NYSE: LII) is a manufacturer of energy-efficient climate-control solutions, and its news flow reflects developments across residential HVAC, commercial HVAC, and refrigeration markets. Company announcements frequently highlight new product introductions, investments in manufacturing and distribution, acquisitions, financial results, and community initiatives.
Recent news has included the launch of the Dave Lennox Signature Collection SLP99VK Gas Furnace, a high-efficiency residential heating product featuring an integrated Refrigerant Detection System designed to simplify installation and reduce costs for dealers. Lennox has also reported enhancements to its commercial operations, such as opening a large Regional Distribution Center in Edgerton, Kansas and scaling production in facilities in Stuttgart, Arkansas and Saltillo, Mexico to support faster fulfillment of commercial rooftop units, accessories, and VRF equipment.
Investors and industry followers can find updates on acquisitions, including the completed purchase of NSI Industries’ HVAC division with the Duro Dyne and Supco brands, which expands Lennox’s parts and supplies portfolio. Regular earnings releases and guidance updates provide insight into segment performance for Home Comfort Solutions and Building Climate Solutions, as well as information on dividends and capital allocation decisions.
Lennox news also covers digital and customer experience initiatives, such as the relaunch of the Commercial Quick Quote tool and the use of AI-powered support agents, along with recognition like inclusion in the Drucker Institute Management Top 250. Community-focused stories, including the Feel The Love program and donations of HVAC units to homeowners and nonprofits, show how the company engages with the communities it serves. This news page aggregates these updates so readers can follow key developments affecting LII.
Lennox International Inc. (NYSE: LII) will hold its 2022 Investment Community Meeting on December 14 in New York City at 8:30 a.m. ET. Key executives, including CEO Alok Maskara and CFO Joe Reitmeier, will discuss the company’s business strategy, strategic vision, and innovations in products. For those who cannot attend, a live webcast will be available on the company's website, which will also archive the event afterward.
Lennox specializes in energy-efficient climate control solutions for residential and commercial markets, emphasizing sustainability and innovation.
Lennox International (NYSE: LII) is at the forefront of promoting energy-efficient home solutions in light of the Inflation Reduction Act. This $740 billion legislation enhances rebates and tax credits for homeowners investing in energy-efficient systems. Key programs include the High-Efficiency Electric Home Rebate Program, offering up to $14,000 in rebates, and the renewed Energy Efficient Home Improvement Tax Credit, allowing up to $2,000 in annual tax credits. With $4.5 billion allocated for these initiatives, Lennox aims to support homeowners in reducing both costs and greenhouse gas emissions.
Lennox International announced that CEO Alok Maskara and CFO Joe Reitmeier will present at the Morgan Stanley 10th Annual Laguna Conference in Laguna Nigel, California, on September 14, 2022. The presentation will begin at 3:45 p.m. Pacific time, and materials will be available on the company's website. Lennox International is recognized for its energy-efficient climate-control solutions aimed at enhancing comfort while reducing environmental impact. It is listed on the NYSE under the symbol LII. For more details, visit www.lennoxinternational.com.
Lennox International (NYSE: LII) announced that CEO Alok Maskara and CFO Joe Reitmeier will present at the Vertical Research Partners 13th Annual Global Industrials Conference on September 8, 2022. Interested parties can access presentation materials on the company's website. Lennox International is renowned for its energy-efficient climate-control solutions, emphasizing sustainability and innovation in heating, cooling, and refrigeration systems. For more information, visit www.lennoxinternational.com.
Lennox International Inc. (NYSE: LII) has announced that CEO Alok Maskara will present at the Jefferies Industrials Conference on August 9, 2022, in New York. CFO Joe Reitmeier and President/COO Gary Bedard of the Refrigeration segment will also attend. A live webcast of the presentation will start at 11:00 a.m. Eastern Time, with materials available on the company's website. Lennox is focused on energy-efficient climate-control solutions, striving for sustainability and innovation in air conditioning, heating, and refrigeration systems.
Lennox International reported record revenues of $1.37 billion for Q2 2022, marking a 10% increase year-over-year. GAAP EPS also rose 10% to $4.96, while adjusted EPS increased 9% to $5.00. The company repurchased $100 million of stock and paid $33 million in dividends. Despite inflation and supply chain challenges, Lennox raised its 2022 revenue growth guidance from 7-11% to 10-15% and adjusted EPS guidance from $13.50-$14.50 to $13.80-$14.50.
Lennox International (NYSE: LII) has announced its plans to report second quarter 2022 financial results on July 28, 2022. The report will be followed by a conference call at 8:30 a.m. Central time, featuring CEO Alok Maskara and CFO Joe Reitmeier, who will discuss the results and corporate outlook. Interested participants can join the call by dialing 877-226-8216 for U.S. callers or 409-207-6983 for international callers. A replay will be available until August 11, 2022. The company emphasizes its commitment to energy-efficient climate-control solutions.
The board of directors of Lennox International (NYSE: LII) has declared a quarterly cash dividend of $1.06 per share. This dividend is scheduled for payment on September 15, 2022, to stockholders of record as of August 31, 2022. This announcement reflects the company's commitment to returning value to its shareholders while maintaining its position as a leader in energy-efficient climate-control solutions.
Lennox International Inc. (LII) has achieved a significant milestone as the first HVAC manufacturer to meet the objectives of the U.S. Department of Energy's Cold Climate Heat Pump Technology Challenge. This recognition highlights Lennox's commitment to innovation and energy efficiency, potentially allowing homeowners to save up to $500 annually on utility bills. The initiative aims to enhance heating and cooling solutions for colder climates while significantly reducing greenhouse gas emissions. Lennox's efforts align with their long-standing dedication to sustainability and environmentally friendly products.
Lennox International Inc. (NYSE: LII) announced that CEO Alok Maskara and CFO Joe Reitmeier will present at the William Blair 42nd Annual Growth Stock Conference in Chicago on June 9. The presentation will start at 10:40 a.m. Central time, with materials available on the company website. Lennox International is a leader in energy-efficient climate-control solutions, focusing on sustainability while providing residential and commercial customers with innovative heating, air conditioning, and refrigeration systems.