Lennox International Stock Price, News & Analysis

Lennox International reported record revenue of $1.24 billion for Q2 2021, up 32% year-over-year. GAAP operating income reached $216 million, a 59% increase, with earnings per share at $4.51, up 72%. The Residential segment saw a 30% revenue rise to $838 million, while Commercial and Refrigeration segments also experienced significant growth. The company raised full-year guidance for revenue growth from 11-15% to 12-16% at actual currency.

Lennox International Inc. (NYSE: LII) announced the resignation of Chairman and CEO Todd Bluedorn, effective mid-2022, after 15 years in leadership. Bluedorn's departure aims to improve work-life balance. Under his tenure, the company's market cap increased from $2.5 billion to over $13 billion, with an annual shareholder return exceeding 18%. The Board is currently searching for his successor. Additionally, the company raised its full-year revenue growth guidance for 2021 to 11-15% and adjusted EPS expectations to $12.10-$12.70.

Lennox International Inc. (NYSE: LII) announced its second quarter 2021 financial results will be reported before market opening on July 26, 2021. A conference call will follow at 8:30 a.m. Central time, where Chairman and CEO Todd Bluedorn and CFO Joe Reitmeier will discuss the financial results and outlook, including a Q&A session. Interested parties can join by calling 877-226-8189 or via web at www.lennoxinternational.com. A replay will be available from 11:00 a.m. on the same day until August 9, 2021.

Budderfly has partnered with Lennox International (NYSE: LII) to enhance its Energy Efficiency-as-a-Service (EEaaS) offerings. This nationwide agreement allows Budderfly to implement a no upfront cost HVAC replacement program featuring Lennox’s ultra-high efficiency Model L rooftop unit. The collaboration aims to assist various industries such as assisted living facilities and quick service restaurants in upgrading their HVAC systems, thereby reducing energy costs and carbon footprints. Budderfly anticipates increased customer interest in its HVAC solutions.

Lennox International (NYSE: LII) has launched an innovative rooftop unit known as the Ultimate Indoor Air Quality system as part of its Building Better Air initiative. This system can remove up to 99% of the virus causing COVID-19 from the air and features MERV 16 filters combined with a UVC Germicidal lamp. Third-party testing shows a 95% efficiency rate and significant virus reduction. The new system enhances indoor air quality for commercial spaces, aligning with Lennox's commitment to sustainability and healthier environments.

Lennox International announced that Chairman and CEO Todd Bluedorn will present at the KeyBanc Capital Markets Industrials & Basic Materials Conference on June 3, 2021. The virtual event will showcase the company's commitment to energy-efficient climate-control solutions for residential and commercial clients. Presentation materials will be available on their website at www.lennoxinternational.com. Lennox International stock is listed under the symbol LII.

Lennox International (NYSE: LII) announced that Chairman and CEO Todd Bluedorn will present at the William Blair 41st Annual Growth Stock Conference on June 1, 2021. The event will be held virtually and will begin at 10:40 a.m. Central Time. Interested parties can access presentation materials and a live webcast on the company's website. Lennox International is a global leader in energy-efficient climate-control solutions focused on sustainability and reducing carbon footprints through innovative air conditioning, heating, and refrigeration systems.

Lennox International (NYSE: LII) has announced a 19% increase in its quarterly cash dividend, raising it to $0.92 per share. This dividend will be paid on July 15, 2021, to stockholders on record by June 30, 2021. The decision reflects the company's commitment to returning value to its shareholders while maintaining its leadership in energy-efficient climate-control solutions. Lennox International specializes in innovative products that enhance comfort and sustainability in residential and commercial settings.

Lennox International (NYSE: LII) will be represented by Chairman and CEO Todd Bluedorn at the Goldman Sachs Industrials & Materials Conference 2021. The virtual presentation is scheduled for May 11, 2021, starting at 12:10 p.m. Eastern time. Interested parties can access the live webcast and materials on the company's website. Lennox International specializes in energy-efficient climate control solutions, focusing on sustainability and innovation for residential and commercial environments.