Lennox (LII) Q2 FY26 earnings call

Lennox reported a mixed second quarter, with robust performance in Building Climate Solutions driven by strong commercial execution and emergency replacement activity, largely offsetting continued weakness in Home Comfort Solutions. Residential demand recovery has been slower than expected, leading to a revised full-year EPS outlook, though the company maintains its revenue and free cash flow targets. Management emphasizes long-term market attractiveness and continued strategic investments despite short-term market fluctuations.