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. reports developments in energy-efficient climate-control and building comfort solutions for residential and commercial customers. Company news centers on heating, cooling, indoor air quality, refrigeration, water heating, HVAC parts, supplies and services, including updates tied to the Lennox dealer network and connected home comfort offerings.
Recurring announcements include quarterly results, full-year guidance, segment trends in Home Comfort Solutions and Building Climate Solutions, dividends, investor presentations, product portfolio expansion and community programs such as Feel The Love. Coverage also reflects demand conditions in replacement, new construction, distribution, services and emergency replacement markets.
Lennox International plans to report its Q3 2021 financial results on October 25, 2021, before market opening. A conference call will occur at 8:30 a.m. Central time on the same day, featuring commentary from Chairman and CEO Todd Bluedorn and CFO Joe Reitmeier, followed by a Q&A session. Interested parties can join the call or access it via webcast on the company’s website. A replay will be available from 11:00 a.m. Central time on October 25 through November 8, 2021.
The board of directors of Lennox International (NYSE: LII) has declared a quarterly cash dividend of $0.92 per share of common stock. This dividend will be payable on October 15, 2021, to stockholders of record as of September 30, 2021. Lennox International is recognized for its commitment to sustainability and energy-efficient climate-control solutions for residential and commercial sectors.
Lennox International (NYSE: LII) announced that CEO Todd Bluedorn will present at the Morgan Stanley 9th Annual Laguna Conference on September 14, 2021, at 12:00 p.m. Eastern Time. The presentation will be accessible via a live webcast on the company's website. Lennox International is a leader in energy-efficient climate-control solutions, focusing on sustainability and comfort. The company offers innovative air conditioning, heating, and indoor air quality systems, all aimed at reducing carbon footprints. More information is available at www.lennoxinternational.com.
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.