Lennox International Reports Q1 2026 Revenue Growth and Adjusted EPS, Segment Margin Decline
Lennox International (NYSE:LII) reported Q1 2026 revenue of $1.1 billion, up 6% YoY, with adjusted EPS of $3.35. However, segment margin declined to 14.4%, down 130 bps, due to manufacturing under-absorption and inventory normalization. The Home Comfort Solutions segment faced weakness, while Building Climate Solutions delivered strong performance.
Tickers: $LII
Topics: Cost Inflation Guidance Reaffirmation Inventory Normalization Q1 Earnings Revenue Growth Segment Performance