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) has announced two significant shareholder-friendly initiatives. The company's board approved a 13% increase in quarterly dividend from $1.15 to $1.30 per share, payable July 15, 2025, to stockholders of record as of June 30, 2025. Additionally, the board authorized a $1 billion increase to its stock repurchase program, supplementing the approximately $290 million remaining from previous authorizations as of May 12, 2025.
CFO Michael Quenzer stated these moves reflect confidence in the company's performance and ability to generate strong, consistent cash flow. The company maintains its commitment to shareholder returns while preserving flexibility for strategic bolt-on acquisitions and maintaining disciplined leverage.
Lennox (NYSE: LII) has opened nominations for its 2025 Feel The Love program, which donates and installs HVAC systems for community heroes in partnership with its dealer network. The program, sponsored by the LII Lennox Foundation, accepts nominations through August 31, 2025 at FeelTheLove.com. The initiative has shown significant growth, with a 30% increase in dealer participation from 2023 to 2024. Since 2009, the program has installed over 2,700 heating and cooling systems, including 435 installations in the previous year. Selected recipients will receive their installations during Feel The Love Installation week, October 3-12, 2025.
Lennox (NYSE: LII) reported Q1 2025 financial results with revenue of $1.1 billion, up 2% year-over-year. GAAP operating income was $156 million, with segment profit down 7%. GAAP diluted EPS decreased to $3.37, a 3% decline.
The Home Comfort Solutions segment saw 7% revenue growth to $721 million, while Building Climate Solutions revenue decreased 6% to $351 million. The company maintains its 2% revenue guidance for 2025 and narrowed the adjusted EPS range to $22.25-$23.50.
Operating cash flow used was $36 million, with net capital expenditures of $25 million. The company repurchased $85 million in shares during the quarter. Free Cash Flow guidance remains at $650-800 million for 2025.
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 leading HVAC company, announced major investments in the Dallas-Fort Worth area to enhance customer experience and distribution infrastructure. The company has opened an expanded Regional Distribution Center near DFW airport and is investing in a new 1.2-million-square-foot National Distribution Center in Fort Worth, set to open by January 2026.
The company unveiled a new Customer Experience and Training Center at its Richardson headquarters, featuring interactive exhibits showcasing latest residential and commercial products, including low GWP products and Lennox Powered by Samsung technology. The facility includes HVAC training labs and five classrooms, serving over 1,000 customers annually for in-person training.
Additionally, Lennox Residential HVAC launched a modernized Customer Service Center in Richardson with interactive dashboards displaying real-time performance metrics. These investments aim to strengthen distribution networks and enhance customer experience while improving speed-to-market.
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.