Lennox International Inc.
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The Lennox SL25KCV Air Conditioner pushes the boundaries of precision and efficiency, consistently delivering perfect air for the home.
RICHARDSON, Texas, Nov. 7, 2024 /PRNewswire/ -- Lennox Residential HVAC, a trusted home comfort solutions and energy-efficiency innovator since 1895, announced the latest addition to its industry-leading Dave Lennox Signature® Collection with the launch of the SL25KCV Air Conditioner, the most precise and efficient air conditioner availablei.
A recent survey found that 81% of homeowners consider the installation of high-efficiency HVAC equipment to be either extremely or very important to them due to potential savings, with 91% reporting lower monthly bills as the most appealing advantage.ii The Lennox SL25KCV Air Conditioner delivers an unmatched efficiency rating of up to 26.00 SEER2 (Seasonal Energy Efficiency Ratio 2)i and can help lower energy bills while keeping the home cool and quiet.iii Additionally, its Precise Comfort® technology finely tunes and adjusts cooling output in tiny increments to perfectly match energy use, effortlessly meeting homeowners' desire to help the planet and their wallets.
The Lennox SL25KCV Air Conditioner pushes the boundaries of precision and efficiency, consistently delivering perfect air for the home.
RICHARDSON, Texas, Nov. 7, 2024 /CNW/ -- Lennox Residential HVAC, a trusted home comfort solutions and energy-efficiency innovator since 1895, announced the latest addition to its industry-leading Dave Lennox Signature® Collection with the launch of the SL25KCV Air Conditioner, the most precise and efficient air conditioner availablei.
A recent survey found that 81% of homeowners consider the installation of high-efficiency HVAC equipment to be either extremely or very important to them due to potential savings, with 91% reporting lower monthly bills as the most appealing advantage.ii The Lennox SL25KCV Air Conditioner delivers an unmatched efficiency rating of up to 26.00 SEER2 (Seasonal Energy Efficiency Ratio 2)i and can help lower energy bills while keeping the home cool and quiet.iii Additionally, its Precise Comfort® technology finely tunes and adjusts cooling output in tiny increments to perfectly match energy use, effortlessly meeting homeowners' desire to help the planet and their wallets.
Q3 Highlights(All comparisons are year-over-year, unless otherwise noted)(Prior-year adjusted results and core revenue exclude European operations that were divested in the 4Q 2023)
Revenue $1.5 billion – Core revenue up 15%, including 2% growth from acquisitionsGAAP Operating Income $303 million – Adjusted segment profit up 21% to $303 millionGAAP diluted EPS $6.68 – Adjusted diluted EPS up 24% to $6.68Net cash from operations was $452 million – Free cash flow was $412 million, up 50%Raising FY guidance to 10% revenue growth, EPS to $20.75-$21.00 and cash flow to $575 - $650 millionDALLAS, Oct. 23, 2024 /PRNewswire/ -- Lennox (NYSE: LII) announced today that Executive Vice President, Chief Legal Officer and Secretary John Torres has elected to retire effective February 28, 2025, after a distinguished 16 years with the company. Monica Brown, Vice President and Deputy General Counsel, will succeed Torres as Executive Vice President, Chief Legal Officer and Secretary effective January 1, 2025. Torres's continued availability through February 2025 will ensure a smooth leadership transition.
RICHARDSON, Texas, Oct. 3, 2024 /PRNewswire/ -- Lennox (NYSE: LII), a leader in energy-efficient climate control solutions, will report third quarter 2024 financial results before the market opens on Wednesday, October 23, 2024. An earnings conference call and webcast are scheduled for the same day at 8:30 a.m. Central Time. 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 earnings conference call, please call 800-245-3047 (U.S.) or +1 203-518-9765 (international) at least 10 minutes prior to the scheduled start time and use conference ID LIIQ324. The conference call also will be webcast live on the company's investor relations website at www.investor.lennox.com.
DALLAS, Sept. 20, 2024 /PRNewswire/ -- The Lennox board of directors (NYSE: LII) approved a quarterly cash dividend of $1.15 per share of common stock, payable October 15, 2024, to stockholders of record as of September 30, 2024.
About LennoxLennox (NYSE: LII) is a leader in energy-efficient climate-control solutions. Dedicated to sustainability and creating comfortable and healthier environments for our residential and commercial customers while reducing their carbon footprint, we lead the field in innovation with our cooling, heating, indoor air quality, and refrigeration systems. Additional information on Lennox is available at www.lennox.com.
Q2 Highlights(All comparisons are year-over-year, unless otherwise noted)(Prior-year adjusted results and core revenue exclude European operations that were divested in the 4Q 2023)
Revenue $1.45 billion – Core revenue up 8%, including 2% growth from acquisitionsGAAP Operating Income $320 million – Adjusted segment profit up 13% to $319 millionGAAP diluted EPS $6.87 – Adjusted diluted EPS up 11% to $6.83Raising 2024 EPS guidance range to $19.50-$20.25 from prior range of $19.00-$20.00DALLAS, July 24, 2024 /PRNewswire/ -- Lennox (NYSE: LII), a leader in energy-efficient climate-control solutions, today reported second quarter financial results with $1.45 billion of revenue, a record $320 million of operating income and $6.87 GAAP diluted earnings per share.
Lennox was named to the 2024 U.S. News & World Report Best Companies to Work For list with a distinction for Best in Manufacturing. Lennox India Technology Centre earned its third consecutive Great Place to Work certification.
DALLAS, July 9, 2024 /PRNewswire/ -- Lennox (NYSE: LII), a leading provider of innovative climate solutions in the HVACR industry, has received recognition for creating an inclusive and empowering workplace culture across the global organization. These prestigious accolades include being named to U.S. News & World Report's Best Companies to Work For list and earning Great Place to Work Certification at Lennox India Technology Centre for the third consecutive year. In addition to its inclusion on the Best Companies to Work For list, Lennox earned a distinction for excellence in manufacturing.
DALLAS, July 5, 2024 /PRNewswire/ -- Lennox (NYSE: LII), a leader in energy-efficient climate control solutions, will report second-quarter 2024 financial results before the market opens on Wednesday, July 24, 2024. An earnings conference call and webcast are scheduled for the same day at 8:30 a.m. Central Time. 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 earnings conference call, please call 800-225-9448 (U.S.) or +1 203-518-9708 (international) at least 10 minutes prior to the scheduled start time and use conference ID LIIQ224. The conference call also will be webcast live on the company's investor relations website at www.investor.lennox.com.
Forbes Home recognized Lennox as the Best Overall and Most Efficient Air Conditioner brand and ranked it among the top HVAC companies.
DALLAS, June 17, 2024 /PRNewswire/ -- Lennox (NYSE: LII), a leading provider of innovative indoor climate solutions, has been named Forbes Home's Best Overall and Most Efficient Air Conditioner Brand of 2024. Lennox also appeared on the Forbes Home Best HVAC Company list, earning recognition for the best energy efficiency amongst those featured. These accolades emphasize the commitment to superior energy-efficiency standards and sustainability Lennox products promise.
