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Lennox International Inc

Lennox International Inc., together with its subsidiaries, designs, manufactures, and markets products for the heating, ventilation, air conditioning, and refrigeration markets in the United States, Canada, and internationally. The Home Comfort Solutions segment provides furnaces, air conditioners, heat pumps, packaged heating and cooling systems, indoor air quality equipment, comfort control products, and replacement parts and supplies; residential heating, ventilation, cooling equipment, and air conditioning; and evaporator coils, air handlers, and unit heaters under Lennox, Dave Lennox Signature Collection, Armstrong Air, Ducane, AirEase, Concord, MagicPak, Advanced Distributor Products, Allied, Elite Series, Supco, Linebacker, Elite series, Merit Series, Comfort Sync, Healthy Climate, Healthy Climate Solutions, iComfort, ComfortSense, and Lennox Stores name. The Building Climate Solutions segment offers unitary heating and air conditioning equipment, controls, installation and service of commercial heating and cooling equipment, variable refrigerant flow commercial, curb, curb adapters, drop box diffusers, HVAC recycling, and salvage service. This segment also provides , condensing units, unit coolers, fluid coolers, air cooled condensers, process chillers, compressorized racks, and replacement parts and supplies under the Lennox, Model L, CORE, Enlight, Xion, Energence, Prodigy, Strategos, Raider, Lennox VRF, Lennox National Account Services, Allied Commercial, Duro Dyne, Dyne-Tite, Durozone, Elite, AES Industries, Mechanical, Heatcraft Worldwide Refrigeration, Bohn, MAGNA, Larkin, Climate Control, Chandler Refrigeration, IntelliGen, and Interlink brand name. In addition, the company provides small package units, rooftop units, chillers, air handlers, and fan coils. It sells its products and services through direct sales, distributors, and company-owned parts and supplies stores. The company was founded in 1895 and is headquartered in Richardson, Texas.

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LII

HVAC and Water Systems Q2 Earnings: Trane Beats, AAON and Lennox Diverge

In the second quarter, the nine HVAC and water systems companies tracked by StockStory reported revenues that beat analyst consensus estimates by 4.7% as a group, though their shares have since fallen 5.8% on average. Trane Technologies reported revenues of $6.35 billion, up 10.6% year on year, exceeding expectations by 2.3%, and raised its full-year EPS guidance above analyst forecasts; its stock is up 1.3% since reporting. AAON posted the strongest results, with revenues of $627 million, up 101% year on year, beating estimates by 24.6%, yet its shares dropped 20% after the report. Lennox was the weakest, with revenues of $1.55 billion, up 3% year on year, missing expectations by 1%, and its stock fell 24.9%. CSW reported revenues of $350.7 million, up 33%, beating by 2.4%, and Advanced Drainage reported revenues of $1.00 billion, up 20.6%, beating by 2%, though it gave the weakest full-year guidance among peers.
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LII

U.S. air-conditioner shipments jump 21.7% in June

U.S. shipments of central air conditioners and air-source heat pumps surged 21.7% in June to a combined 1.02 million units, according to the Air-Conditioning, Heating and Refrigeration Institute. Central air-conditioner shipments rose 26.8% to 605,033 units, while heat-pump shipments increased 15.1% to 418,538. For the first half of the year, combined shipments rose 3% to 4.72 million units, nearly unchanged from the same period in 2024. Gas warm-air furnace shipments increased 15.2% in June to 320,281 units, but fell 6.2% for the first half to 1.55 million units. Residential gas storage water heater shipments rose 6.7% in June to 363,347 units, while electric models edged up 0.8% to 422,813, though first-half shipments for both categories remained lower than a year earlier.
Seeking Alpha·10dRead more ▾
LII

Lennox Schedules Second Quarter 2026 Results Announcement for July 29

Lennox will report its second quarter 2026 financial results before the market opens on Wednesday, July 29, 2026. An earnings conference call and webcast are scheduled for the same day at 8:30 a.m. Central Time, where CEO Alok Maskara and CFO Michael Quenzer will provide a summary of the company's financial results and outlook, followed by a question-and-answer session. To participate in the call, dial 800-267-6316 in the U.S. or +1 203-518-9783 internationally at least 10 minutes prior to the start time and use conference ID LIIQ226. The call will also be webcast live at www.investor.lennox.com, and a replay will be available until August 5, 2026 by calling 800-839-5484 in the U.S. or +1 402-220-1522 internationally.
PR Newswire·49dRead more ▾
LII

Lennox International Q2 2026 Earnings Expected to Show 2.8% Profit Decline

Lennox International is expected to report a fiscal second-quarter 2026 profit of $7.60 per share, down 2.8% from $7.82 per share a year ago. The company beat consensus estimates in three of the last four quarters. For the full year, analysts project earnings of $24.35 per share, a 5.1% increase from $23.16 in fiscal 2025, with further growth to $26.68 expected in fiscal 2027. Lennox shares have underperformed the S&P 500's 20.9% gain over the past 52 weeks, and the stock carries a Moderate Buy rating from analysts with a Street-high price target of $650, implying 13.4% upside.
Barchart·56dRead more ▾
LII

Lennox Marks One-Year Anniversary of Ariston Joint Venture with Strong Water Heater Launch

Lennox is marking the one-year anniversary of its joint venture with Ariston Group, a partnership that has introduced a line of residential gas, electric, and heat pump water heaters in North America. The joint venture, announced in 2025, was created to broaden Lennox's product offering through complementary heat pump technologies while leveraging Ariston's water heating expertise. Early dealer adoption has exceeded plans, with sales and demand reflecting strong interest in sourcing multiple product categories from a single supplier. Lennox and Ariston are now focused on scaling distribution across North America, particularly in underpenetrated U.S. regions, by expanding Lennox store locations carrying water heaters and continuing dealer training. The partnership also positions Lennox to address demand for high-efficiency and heat pump water heaters as regulatory changes are expected to influence product adoption.
PR Newswire·62dRead more ▾
LII

HVAC and Water Systems Stocks Post Strong Q1 with Revenue Beats

The nine HVAC and water systems stocks tracked by StockStory reported a very strong first quarter, with aggregate revenues beating analysts' consensus estimates by 6.9%. CSW Industrials posted all-time record revenue of $309 million, up 34% year on year, while AAON delivered the fastest revenue growth among peers at 54.3% to $496.9 million, exceeding expectations by 29.5%. Lennox reported $1.14 billion in revenue, a 5.8% increase that topped estimates by 6.7%, and Advanced Drainage Systems raised its full-year guidance the most after revenue rose 9.9% to $676.8 million. A. O. Smith was the weakest performer, with revenue down 1.9% to $945.6 million and full-year EPS guidance missing expectations. Share prices across the group have risen 11.3% on average since the latest earnings results.
StockStory·63dRead more ▾
LII

Lennox International Stock Outperforms Dow Over Three Months but Lags Over 52 Weeks

Lennox International Inc. has gained 14.6% over the past three months, outperforming the Dow Jones Industrials Average's 11.9% gain during the same period. On a year-to-date basis, the stock rose 10.4%, also ahead of the Dow's 7.6% advance. However, over the past 52 weeks, Lennox International dipped 2.6%, underperforming the Dow's 21.4% return. The company reported first-quarter earnings per share of $3.35 on revenue of $1.14 billion, both exceeding Wall Street forecasts, and expects full-year earnings per share between $23.50 and $25. Wall Street analysts have a consensus Moderate Buy rating on the stock with a mean price target of $570.57, implying a potential upside of 6.4% from current levels.
Barchart·64dRead more ▾
LII

Platinum Equity to sell Heat Controller to Lennox

Platinum Equity has signed a definitive agreement to sell Heat Controller, a leading HVAC equipment supplier, to Lennox. Financial terms were not disclosed. Heat Controller, headquartered in Jackson, Michigan, serves distributors across North America through its Comfort-Aire and Century brands. The sale represents the final exit of Platinum Equity's investment in HVAC/R distributor Motors & Armatures, which it acquired in July 2024. The transaction is expected to close later this year, subject to customary closing conditions and regulatory approvals.
PR Newswire·69dRead more ▾
LII2

Lennox Signs Agreement to Acquire Heat Controller

Lennox has signed a definitive agreement to acquire Heat Controller, a leading HVAC equipment supplier. The acquisition expands Lennox's portfolio with the Comfort-Aire and Century brands, strengthening its ability to serve small and mid-size HVAC distributors across North America. Lennox CEO Alok Maskara said the deal enhances flexibility and customer service for distributor partners, while Heat Controller CEO Philip Windham highlighted the benefits of Lennox's scale and operational strength. The transaction is expected to close later this year, subject to customary closing conditions and regulatory approvals.
PR Newswire·69dRead more ▾