Lennox International Inc
LII: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| &B% | LOCK|QCq> | LOCK|?Xs>MCW |
Lennox Earnings: Favorable Price and Product Mix Drive Strong Q2 Results Despite Industry Headwinds
Lennox's second-quarter revenue increased 3% year over year to $1.5 billion and segment profit margin expanded 170 basis points to 23.6%. A greater sales mix of new-refrigerant (R-454B) products and price increases more than offset lower volumes from channel destocking and soft end markets.
