Lennox schedules second quarter results

Lennox International Inc. (NYSE: LII) reported its second quarter financial results for the fiscal year 2025, demonstrating growth across key metrics despite challenging market conditions. The company recorded revenue of $1.5 billion, a 3% increase compared to the same period in the prior year. Operating income reached $354 million, reflecting an 11% year-over-year improvement, while GAAP diluted EPS of $7.82, up 14% from the prior year.

Segment performance was robust, with both the Home Comfort Solutions and Building Climate Solutions segments contributing to the overall growth. The Home Comfort Solutions segment reported revenue of $1.0 billion, a 3% increase, with segment profit rising 12% to $255 million. Segment margin expanded by 200 basis points to 25.3%, driven by favorable product mix and pricing strategies. The Building Climate Solutions segment also delivered strong results, with revenue up 5% to $492 million and segment profit increasing 7% to $123 million.

The company attributed its performance to strategic cost management, productivity improvements, and pricing actions that offset inflationary pressures. Lennox also raised its full-year 2025 guidance, now expecting revenue growth of approximately 3% and adjusted EPS in the range of $23.25 to $24.25.

Cash flow metrics showed mixed results, with operating cash flow at $87 million for the quarter, down from $184 million in the prior-year period. Capital expenditures were $28 million, and the company repurchased $210 million of shares during the quarter.

Looking ahead, Lennox remains focused on executing its transformation plan and expanding its market share through innovation and customer-centric initiatives. The company will host a conference call to discuss these results in detail.