Lennox International said net sales for Q2 2025 were $1,501 million, up 3% from the same period in the prior year, and operating income increased $34 million to $354 million. Diluted earnings per share were $7.82, compared to $6.87 in the same period in the prior year.

1. 01

   Lennox International said net sales for Q2 2025 were $1,501 million, up 3% from the same period in the prior year, and operating income increased $34 million to $354 million. Diluted earnings per share were $7.82, compared to $6.87 in the same period in the prior year.

2. 02

   The company said gross profit margin for Q2 increased 120 basis points to 34.8%, compared to 33.6% in the same period in the prior year. It said favorable mix and price contributed 350 basis points, while higher freight and distribution costs contributed 130 basis points and higher product costs, primarily related to inflationary impacts including tariffs, contributed 100 basis points, partially offsetting the gains.

3. 03

   Lennox said Home Comfort Solutions net sales for Q2 increased 3% and segment profit increased $27 million. The company said favorable mix and price contributed $84 million and factory efficiencies contributed $6 million, while decreased sales volumes contributed $36 million and product costs contributed $17 million, partially offsetting the gains.

4. 04

   The company said it repurchased $295.4 million of common stock and returned $82 million to shareholders through dividend payments for the 6 months ended June 30, 2025. Net cash used in financing activities for the same period was $368 million, compared to $118 million provided in the same period in the prior year.

Key figures

Quarter ended June 30, 2025

Revenue

$1.5B

Operating income

$354M

Net income

$278M

EPS

$7.82

Gross profit

$522M

Analysis scope · Management's discussion (MD&A)We analyzed the Management's Discussion and Analysis (MD&A) section. Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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