Every material Form 8-K Lennox International has filed with the SEC since July 24, 2024, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Lennox International said segment president Joseph Nassab will retire from his role on December 31, 2026, and stay on as a Strategic Advisor through February 28, 2028. Geoff Dethlefsen, currently Vice President and General Manager of Lennox Commercial HVAC, will succeed him as Executive Vice President and President, Building Climate Solutions, effective January 1, 2027. The filing describes a planned leadership handover with no financial results or guidance included.
Joseph F. Nassab retires from his role on December 31, 2026, and becomes a Strategic Advisor, with a transition agreement effective January 1, 2027, running through February 28, 2028.
Nassab will receive an annual salary of $180,000 as an advisor and continue vesting in outstanding equity awards per their terms.
Geoff Dethlefsen succeeds Nassab as Executive Vice President and President, Building Climate Solutions, effective January 1, 2027.
The press release says Dethlefsen joined Lennox in 2024 and that Nassab joined the company in 2010.
Lennox reported third-quarter 2026 revenue of $1.6 billion, up 10%, but adjusted diluted EPS fell 7% to $6.84 and total segment profit fell 2% to $323 million. The company lowered its full-year adjusted EPS guidance to $21.00 to $21.50 from $23.00 to $24.00, and said margins fell short of its expectations due to heightened competitive pressure and persistent inflation.
Q3 revenue was $1.6 billion, up 10%, with Building Climate Solutions revenue up 24%.
Adjusted diluted EPS was $6.84, down 7%; GAAP diluted EPS was $6.41 versus $7.38 a year earlier.
Full-year adjusted EPS guidance was cut to $21.00 to $21.50 from $23.00 to $24.00.
Home Comfort Solutions segment profit was $176 million, down 18%, with segment margin down 490 basis points to 18.7%.
Lennox International's Compensation and Human Resources Committee approved on September 16, 2026, a new form of long-term incentive award agreement for vice presidents and above, to be used for executive grants of restricted stock units, performance share units and stock appreciation rights. The filing says the terms are substantially similar to the prior form, with changes to vesting and exercise schedules and retirement eligibility.
Committee approval date: September 16, 2026
Award types covered: restricted stock units, performance share units and stock appreciation rights
Changes from prior form: vesting and exercise schedules, retirement eligibility, and administrative updates
Full agreement filed as Exhibit 10.1 under the 2019 Equity and Incentive Compensation Plan
Lennox reported second quarter 2026 revenue of $1.5 billion, up 3%, and GAAP operating income of $355 million, up 2%, but diluted earnings per share were flat at $7.72. The company lowered its full-year 2026 earnings per share guidance to $23.00-$24.00 from $23.50-$25.00 while reaffirming its revenue growth outlook of about 8%.
Q2 2026 revenue was $1.5 billion, up 3%, with Building Climate Solutions up 24% and Home Comfort Solutions down 7%.
Q2 GAAP diluted EPS was $7.72 versus $7.71 a year earlier; net income was $269 million versus $274 million.
Full-year 2026 EPS guidance was updated to $23.00-$24.00 from the prior $23.50-$25.00; revenue growth guidance of about 8% was reaffirmed.
Director Sivasankaran Somasundaram resigned from Lennox's board effective immediately, citing other professional responsibilities and time commitments, and not any disagreement with the company. The board reduced its size from nine members to eight. At the May 21, 2026 annual meeting, stockholders elected three Class I directors, approved executive pay in an advisory vote, and ratified Ernst & Young as the 2026 auditor.
Somasundaram notified the company of his resignation on May 23, 2026, effective immediately.
Board size reduced from nine members to eight.
John W. Norris III, Karen H. Quintos and Shane D. Wall elected as Class I directors for terms expiring at the 2029 annual meeting.
Advisory say-on-pay vote approved by about 98% of votes cast for and against; Ernst & Young ratified with 32,108,994 votes for.
Lennox reported first quarter 2026 results with revenue up 6% to $1.1 billion, driven by acquisitions, while operating income fell 3% to $164 million and diluted earnings per share fell 8% to $3.35. The company updated full-year revenue growth guidance to approximately 8% and kept its full-year earnings per share guidance of $23.50 to $25.00.
Revenue was $1.1 billion, up 6%, with the Building Climate Solutions segment up 38% to $485 million.
Diluted EPS was $3.35 versus $3.63 a year earlier; net income was $117 million versus $130 million.
Home Comfort Solutions revenue fell 10% to $650 million and segment profit fell 30% to $87 million.
Full-year 2026 revenue growth guidance is approximately 8%, including a 4% benefit from completed acquisitions; EPS guidance of $23.50 to $25.00 was maintained.
Lennox reported fourth-quarter 2025 revenue of $1.2 billion, down 11%, and adjusted diluted EPS of $4.45, down 22%, with figures reflecting a change from LIFO to FIFO inventory accounting. The company also guided for 2026 revenue growth of about 6% to 7% and adjusted EPS of $23.50 to $25.00, which shareholders can compare with a full-year 2025 adjusted EPS of $23.16.
Q4 2025 revenue $1.2 billion, down 11%; segment profit $212 million, down 16%
Q4 GAAP diluted EPS $4.07 versus $5.64 a year earlier; adjusted diluted EPS $4.45 versus $5.72 restated basis, down 22%
Full year 2025 adjusted diluted EPS $23.16, up 2%; revenue $5.2 billion, down 3%
2026 guidance: revenue up about 6% to 7%, adjusted EPS $23.50 to $25.00, free cash flow $750 million to $850 million
On December 4, 2025, Lennox International's Compensation and Human Resources Committee approved a new form of long-term incentive award agreement for vice presidents and above. The agreement covers grants to executive officers of restricted stock units, performance share units, and stock appreciation rights, and its terms are substantially similar to the prior form except for expanded restrictive covenant remedies and administrative changes.
Committee approval date: December 4, 2025
Award types: restricted stock units, performance share units, and stock appreciation rights
Key change: restrictive covenant provisions updated to expand the company's remedies
Form filed as Exhibit 10.1 under the 2019 Equity and Incentive Compensation Plan
Lennox reported third-quarter 2025 revenue of $1.4 billion, down 5%, while operating income rose 2% to $310 million and diluted EPS rose 4% to $6.98. The company updated its full-year 2025 guidance to a revenue decline of about 1% and adjusted EPS of $22.75 to $23.25, citing industry volume pressures and consumer confidence. Shareholders face a mixed picture: profit grew on a lower sales base, and the filing does not state the prior EPS guidance range.
Q3 revenue was $1.4 billion, down 5%, driven by unfavorable sales volumes; Home Comfort Solutions revenue fell 12% to $913 million.
Building Climate Solutions revenue rose 10% to $514 million, and segment margin expanded 330 basis points to 26.1%.
Full-year 2025 adjusted EPS guidance is $22.75 to $23.25; revenue is expected to decline about 1%.
Free cash flow guidance is approximately $550 million, which the company says reflects temporarily elevated inventory levels; Q3 operating cash flow was $301 million versus $452 million a year earlier.
Lennox reported second-quarter 2025 revenue of $1.5 billion, up 3%, and segment profit of $354 million, up 11%. The company raised its full-year 2025 earnings per share guidance to $23.25 to $24.25 and expects revenue to rise about 3%, which signals stronger expected profitability for shareholders.
Q2 GAAP diluted EPS was $7.82, up from $6.87; adjusted diluted EPS rose 14% to $7.82
Segment profit rose 11% to $354 million, with segment margin up 170 basis points to 23.6%
Full-year 2025 EPS guidance is now $23.25 to $24.25; capital expenditures remain about $150 million
Q2 operating cash flow fell to $87 million from $184 million; the company repurchased $210 million of shares in the quarter
Lennox International's board elected Tracy A. Embree as a Class III director, effective June 1, 2025, with a term ending at the 2028 annual meeting. At the May 22, 2025 annual meeting, stockholders re-elected two Class III directors, approved executive pay in an advisory vote, and ratified Ernst & Young LLP as auditor for 2025.
Embree's annual retainer is $105,000, plus equity compensation of approximately $155,000 in Company common stock.
Embree joins the Board Governance Committee and the Compensation and Human Resources Committee.
The advisory say-on-pay vote received approval from approximately 93% of stockholders voting for and against the item.
Ernst & Young LLP was ratified with 30,496,392 votes for and 504,656 against.
Lennox International entered into an amended and restated unsecured revolving credit agreement dated May 9, 2025, with JPMorgan Chase Bank, N.A. as administrative agent. The facility's total revolving commitments fall from $1.1 billion to $1 billion, with an option to add up to $350 million at the company's request, and the maturity moves from July 2026 to May 2030. The change extends the company's borrowing timeline but reduces the total amount it can draw under the revolver.
Total revolving commitments decrease from $1.1 billion to $1 billion
Option to increase commitments by up to $350 million at the company's request, subject to terms
Maturity extended from July 2026 to May 2030
Agreement dated May 9, 2025; full text filed as Exhibit 10.1
Lennox reported first-quarter 2025 revenue of $1.1 billion, up 2% year over year, while segment profit fell 7% to $156 million and diluted EPS fell to $3.37 from $3.47. The company narrowed its full-year adjusted EPS guidance to $22.25-$23.50 and kept its revenue growth forecast at about 2%, with management citing tariffs and transition costs for the Building Climate Solutions segment.
Revenue $1.1 billion, up 2%; segment profit $156 million, down 7%; segment margin 14.5%, down 140 basis points
Diluted EPS $3.37 versus $3.47 a year earlier; adjusted diluted EPS also $3.37, down 3%
Full-year 2025 adjusted EPS guidance narrowed to $22.25-$23.50; revenue still expected to rise about 2%
Repurchased $85 million of shares in the quarter; net cash used in operating activities was $36 million
Lennox reported fourth quarter 2024 revenue of $1.3 billion, up 16% from a year earlier, with GAAP diluted earnings per share of $5.52 versus $4.04 and adjusted diluted EPS of $5.60, up 54%. The company also issued full year 2025 guidance, forecasting adjusted EPS of $22.00 to $23.50 and free cash flow of $650 million to $800 million, which gives shareholders a outlook for the coming year.
Q4 2024 revenue $1.3 billion, up 16%; core revenue up 22%
Q4 GAAP diluted EPS $5.52 vs. $4.04; adjusted diluted EPS $5.60, up 54%
Full year 2025 adjusted EPS guidance of $22.00 to $23.50, vs. $22.58 adjusted EPS in 2024
Q4 free cash flow $273 million, up 50%; 2025 free cash flow estimated at $650 million to $800 million
Lennox International said two long-serving directors, Janet K. Cooper and Gregory T. Swienton, will leave the board after the 2025 Annual Meeting on May 22, 2025. The Board also reduced its size by two members, effective upon their departures, and the company said the retirements do not stem from any disagreement over its operations, policies, or practices.
Janet K. Cooper, a director since 1999, will not stand for re-election and will serve until the 2025 Annual Meeting on May 22, 2025.
Gregory T. Swienton, a director since 2010, is resigning under the company's mandatory retirement age guideline, effective May 22, 2025.
On December 6, 2024, the Board resolved to reduce its size by two members, effective upon the two retirements.
Lennox reported third-quarter 2024 revenue of $1.5 billion, up 10%, and diluted EPS of $6.68 versus $3.65 a year earlier. The company raised its full-year 2024 EPS and free cash flow guidance, and said Chief Legal Officer John Torres will retire and be succeeded by Monica Brown on January 1, 2025.
Q3 net sales were $1.5 billion, up 10% (core revenue up 15%); operating income was $303.3 million versus $186.8 million a year earlier.
Diluted EPS was $6.68 versus $3.65; adjusted diluted EPS was $6.68 versus $5.37.
2024 EPS guidance raised to $20.75 to $21.00 from $19.50 to $20.25; free cash flow guidance raised to $575 million to $650 million from $500 million to $600 million.
John Torres retires as Chief Legal Officer effective December 31, 2024 and as an employee effective February 28, 2025; Monica Brown becomes CLO on January 1, 2025.
Lennox reported second-quarter 2024 revenue of $1.45 billion, up 3% (8% for core operations), and GAAP diluted EPS of $6.87 versus $6.10 a year earlier. The company raised its full-year 2024 EPS guidance to $19.50-$20.25 from $19.00-$20.00, which points to higher expected profit for shareholders.
Q2 revenue $1.45 billion, up 3%; core revenue up 8%
Adjusted diluted EPS $6.83, up 11%; GAAP diluted EPS $6.87 versus $6.10
2024 EPS guidance raised to $19.50-$20.25 from $19.00-$20.00
Business Climate Solutions segment margin fell 100 basis points to 24.3% due to new factory ramp-up costs
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Lennox International filing is on SEC EDGAR ↗. 8-K briefs of other companies →