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) 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.
Lennox International (NYSE: LII) introduced the Model L packaged rooftop line at its inaugural Commercial Product Showcase. This HVAC system features the innovative Lennox CORE Control System and Service App, a finalist in the 2021 AHR Expo Innovation Awards. With industry-leading efficiency ratings, the Model L offers both gas-electric and electric-electric units ranging from 3 to 25 tons. Its advanced diagnostic capabilities and integration with third-party systems underscore Lennox's commitment to innovation and energy efficiency.
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