secwatch.observer — SEC 8-K summary
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Issuer:     LENNOX INTERNATIONAL INC (LII)
CIK:        0001069202
Form:       8-K
Filed at:   2021-10-25T23:59:59+00:00
Accession:  0001193125-21-306031
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lennox Q3 revenue $1.06B record; adjusted EPS $3.40 vs $3.53 YoY; guidance narrowed
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- GAAP EPS from continuing operations $3.41, flat YoY; adjusted EPS $3.40 down 4% (incl. ~$0.55 supply chain/COVID impact).
- Supply chain and COVID disruptions reduced Q3 revenue by ~$75M and operating profit by ~$25M.
- Commercial segment margin fell 800 bps to 10.7% on factory disruptions; Refrigeration revenue up 10% with margin expansion 20 bps.
- Narrowed FY2021 guidance: revenue growth 13-15% (prev. 12-16%), adjusted EPS $12.10-$12.30 (prev. $12.10-$12.70).
- Repurchased $200M of stock in Q3; free cash flow $199M vs. $428M prior year.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1069202/000119312521306031/0001193125-21-306031-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1069202/000119312521306031/d231483d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-306031

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer