Lennox Q2 FY26 net income falls to $269 million; net sales rise 3% to $1.55 billion
LII•Segment performance
Home Comfort Solutions net sales fell 7% to USD 935.6 million, while Building Climate Solutions climbed 24% to USD 609.7 million.
Shareholder returns
For the first six months, it returned USD 242 million via USD 151 million in buybacks and USD 91 million in dividends.
Second-quarter results
Lennox posted second-quarter net income of USD 269 million, with diluted EPS at USD 7.72, roughly flat versus a year earlier.
Net sales rose 3% to USD 1.55 billion, while operating income increased 1.7% to USD 355 million.
Gross margin widened 0.4 percentage points to 34.9%, helped by favorable mix and price, partly offset by higher product and freight costs.
