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 (NYSE: LII) announced significant investments in the Dallas-Fort Worth area to enhance its distribution network and customer service capabilities. The company has opened an expanded Regional Distribution Center near the DFW airport and is investing in a new 1.2-million-square-foot National Distribution Center in Fort Worth, set to be operational by January 2026.
The company unveiled a new Customer Experience and Training Center at its Richardson headquarters, featuring interactive exhibits of their latest residential and commercial products, including low GWP products and Lennox Powered by Samsung technology. The facility includes HVAC training labs and five classrooms, hosting over 1,000 customers annually for in-person training.
Additionally, Lennox Residential HVAC has modernized its Customer Service Center in Richardson with interactive dashboards displaying real-time performance metrics, enhancing dealer support and service response capabilities.
Lennox (NYSE: LII), a leader in energy-efficient climate control solutions, has announced it will release its first quarter 2025 financial results before market opening on Wednesday, April 23, 2025.
The company will host an earnings conference call and webcast at 8:30 a.m. Central Time on the same day. CEO Alok Maskara and CFO Michael Quenzer will present the financial results and outlook, followed by a Q&A session.
Investors can join via phone using conference ID LIIQ125 or watch the live webcast on the company's investor relations website. A replay will be available until April 30, 2025.
Lennox (NYSE:LII) has announced the appointment of Sarah Martin as Executive Vice President and President of Home Comfort Solutions, effective April 28, 2025. Martin succeeds Gary Bedard, who will retire after 26 years with the company.
Martin brings over 25 years of global leadership experience in manufacturing and technology, including 13 years at Honeywell International where she most recently served as president of Honeywell Sensing Solutions. She previously held leadership roles at CTS and received her MBA from Edinburgh Business School.
CEO Alok Maskara highlighted Martin's expertise in leading large-scale businesses, optimizing distribution channels, and driving profitability growth as key assets for Lennox's North America growth strategy. Bedard, who joined Lennox in 1998, progressed from district manager to leading the Home Comfort Solutions segment, leaving a legacy of growth and talent development.
Lennox (NYSE: LII) has announced its latest quarterly dividend distribution. The company's Board of Directors has approved a quarterly cash dividend of $1.15 per share of common stock. The dividend will be paid on May 15, 2025, to stockholders who are recorded as shareholders as of April 30, 2025.
Lennox Residential HVAC has launched the Dave Lennox Signature® Collection SL22KLV Cold Climate Heat Pump, designed to operate in temperatures as low as -20°F with efficiency levels 150% higher at colder temperatures compared to standard heat pumps. The system features efficiency ratings of up to 21.10 SEER2, 13.2 EER2, and 10.50 HSPF2.
The SL22KLV incorporates a variable-speed compressor with electronic refrigerant injection technology, adjusting energy usage based on outdoor temperatures. It pairs with the Lennox S40 Smart Thermostat for automated temperature control and uses low global warming potential R-454B refrigerant to reduce environmental impact.
The product is eligible for the Energy Efficient Home Improvement Credit and follows Lennox's successful completion of the first phase of the U.S. Department of Energy's Residential Cold Climate Heat Pump Technology Challenge in 2022.
Lennox (NYSE: LII) has announced that its Elite Series EL297V Gas Furnace has been awarded the prestigious GOOD DESIGN® Award from The Chicago Athenaeum: Museum of Architecture and Design and Metropolitan Arts Press The award, established in 1950, recognizes innovation and sustainability in design.
The EL297V Gas Furnace features a 97% AFUE rating, qualifying for ENERGY STAR® certification and 25C Tax Credit eligibility. Key features include a two-stage gas valve, variable-speed blower motor, and advanced built-in controls for automatic configuration and precision airflow. These features ensure consistent performance, quiet operation, and balanced airflow throughout homes.
According to Prakash Bedapudi, Lennox EVP and Chief Technology Officer, this recognition demonstrates their commitment to creating innovative, high-efficiency heating solutions. The award adds to Lennox's legacy of design excellence, following previous GOOD DESIGN® Awards for products like the SL25XPV Heat Pump and S40 Smart Thermostat.
Lennox (NYSE: LII) and Samsung have launched their joint venture's first ductless heat pump products through Samsung Lennox HVAC North America. The collaboration introduces two key product lines: Lennox Powered by Samsung mini-split systems and the Varix™ VRF lineup.
The mini-split systems feature low GWP refrigerant, Samsung SmartThings app compatibility for remote management, and variable-capacity operation for optimal energy efficiency. Homeowners may qualify for the Energy Efficient Home Improvement Credit.
The Varix™ VRF systems target commercial applications, offering multi-zone heating and cooling control to reduce operating costs. The joint venture plans to expand its product offering in 2025 with additional single-zone heat pump models and low GWP VRF products.
Lennox (NYSE: LII) reported strong Q4 2024 results with revenue of $1.3 billion, representing 22% core revenue growth. The company achieved record operating income of $245 million and GAAP diluted EPS of $5.52. Adjusted diluted EPS increased 54% to $5.60.
For full year 2024, revenue reached $5.3 billion with core revenue up 13%. GAAP diluted EPS was $22.54, while adjusted diluted EPS rose 26% to $22.58. Free cash flow improved 61% to $785 million.
The Home Comfort Solutions segment showed impressive performance with 25% Q4 revenue growth, while Building Climate Solutions segment revenue increased by 17%. For 2025, Lennox expects core revenue to grow approximately 2%, with adjusted EPS guidance of $22.00-$23.50 and free cash flow projected between $650-800 million.
Lennox (NYSE: LII), a leader in energy-efficient climate control solutions, has announced it will release its fourth quarter and full year 2024 financial results before market opening on Wednesday, January 29, 2025. The company will also present its 2025 guidance and updated long-term targets during an earnings conference call scheduled for 8:30 a.m. Central Time on the same day.
CEO Alok Maskara and CFO Michael Quenzer will lead the conference call, providing a financial results summary and outlook, followed by a Q&A session. The event will be accessible via phone and webcast, with replay available until February 5, 2025.
Lennox (NYSE: LII), a leading provider of innovative climate control solutions, has announced its inclusion in the S&P 500 Index, effective prior to the opening of trading. This milestone reflects the company's sustained growth and innovation in HVACR products. The S&P 500, widely recognized as the premier gauge of the U.S. large-cap market, includes 500 leading companies across all sectors. Selection criteria include market capitalization, financial performance, and economic contribution.
CEO Alok Maskara highlighted this achievement as a testament to their growth strategy and stakeholder trust, marking 130 years of industry leadership. The company emphasizes its core values of Integrity, Respect, and Excellence in this transformation.