Published Mon, Jul 22 2019 10:48 AM EDT Updated Mon, Jul 22 2019 12:57 PM EDT
- Lennox International lowers its 2019 guidance, partially based on colder temperatures.
- “Significantly cooler temperatures and higher precipitation across the United States adversely impacted the HVAC market in the second quarter,” says Chairman and CEO Todd Bluedorn.
- The guidance cut comes after a heat wave swept through the United States this weekend. June was the hottest since the National Oceanic and Atmospheric Administration began recording temperatures in the 1800s and July is on track to break its own record.