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 (NYSE: LII) announced that CFO Joe Reitmeier is set to present at the Credit Suisse 8th Annual Industrials Conference on December 2, 2020. The event will be held virtually, and interested parties can access the presentation materials through the company's website at www.lennoxinternational.com. With a strong presence in the heating, air conditioning, and refrigeration markets, Lennox International continues to solidify its leadership position in the industry.
Lennox International announces that Chairman and CEO Todd Bluedorn will present at the Stephens Annual Investment Conference 2020 on November 19. The virtual presentation begins at 9:00 a.m. Central time. Interested parties can access the presentation materials and live webcast on the company's website at www.lennoxinternational.com. Lennox International is a leader in heating, air conditioning, and refrigeration, and trades on the NYSE under the symbol LII.
Lennox International (NYSE: LII) announced the launch of an additional training program designed to enhance indoor air quality (IAQ) for contractors through its Building Better Air initiative. This program follows increased demand for IAQ solutions amid the COVID-19 pandemic. It offers a framework for contractors to evaluate, solve, and maintain HVAC systems to improve IAQ in commercial spaces. By leveraging its contractor network, Lennox aims to aid businesses in returning to normal operations safely with improved air quality.
Lennox International, a leader in heating, air conditioning, and refrigeration, is set to present at the Baird 2020 Global Industrial Conference on November 12. CEO Todd Bluedorn will represent the company during this virtual event. Investors can access presentation materials via the company’s official website. Lennox International is traded on the NYSE under the symbol LII.
For further inquiries, interested parties may contact Steve Harrison, Vice President of Investor Relations, at 972-497-6670.
Lennox International reported a record third-quarter revenue of $1.06 billion, up 2% year-over-year, with a GAAP operating income of $167 million, up 7%. Earnings per share surged 16% to $3.42, while adjusted EPS increased 6% to $3.53.
Residential revenue achieved a record $722 million, up 13% with a segment profit rising 21%. However, Commercial and Refrigeration segments faced declines of 18% and 14%, respectively. The company raised its full-year revenue guidance from a decline of 10-15% to 5-9%.
Lennox International installed 210 HVAC units at no cost across the U.S. and Canada as part of its Feel The Love program, benefiting medical professionals and frontline workers amid the COVID-19 pandemic. Since 2009, this initiative has provided over 1,500 installations to those facing challenges. The company aims to improve comfort and health as families spend more time at home. The program is set to continue expanding through the end of the year, allowing more community members to receive support.
Lennox International Inc. (NYSE: LII) announced plans to report its third quarter 2020 financial results on October 19, 2020, before market opening. A conference call will follow at 8:30 a.m. Central time, featuring commentary from Chairman and CEO Todd Bluedorn and CFO Joe Reitmeier. Participants can join by calling 877-336-4440 (U.S.) or 409-207-6984 (international). The call will also be accessible via webcast on Lennox's website. A replay will be available from 11:00 a.m. Central time on the same day until November 2, 2020.
Lennox International (LII) has introduced the Building Better Air initiative aimed at enhancing indoor air quality (IAQ) in commercial spaces. This effort addresses increasing awareness about the significance of HVAC systems in maintaining healthy environments, especially post-COVID-19. The initiative includes a three-step process: evaluating current HVAC systems, proposing tailored IAQ solutions, and establishing a preventative maintenance plan. This program underscores Lennox's commitment to providing comprehensive IAQ solutions for various commercial applications.
Lennox International Inc. (NYSE: LII) announced a quarterly cash dividend of $0.77 per share, payable on October 15, 2020, to stockholders of record by October 1, 2020. This dividend declaration reflects the company's commitment to returning value to its shareholders. Lennox International is a leader in the heating, air conditioning, and refrigeration sectors, underscoring its stability and market positioning.
Lennox International (NYSE: LII) will have Chairman and CEO Todd Bluedorn present at the Morgan Stanley 8th Annual Laguna Conference on September 15, 2020. The event will be virtual, with a live webcast starting at 11:15 a.m. Eastern time. Presentation materials will be available on the company's website. Lennox is recognized as a global leader in heating, air conditioning, and refrigeration markets. For more details, visit www.lennoxinternational.com.