Leading HVAC manufacturers (Trane, Carrier, and Lennox) announced earnings within days of each other that were similar showing that HVAC demand remains exceptionally strong, commercial markets are robust, data centers are becoming a major growth engine, and the North American replacement cycle remains healthy. All three companies delivered solid top-line growth and … [Read more...] about HVAC Giants Stay Hot: Trane, Carrier, and Lennox Ride Demand to Strong Q3
Lennox
HVAC Distributor Sales Pick Up in February
HVAC distributor sales moved in the right direction in February, with HARDI reporting weighted average same-day sales up approximately 5% year-over-year. That is a meaningful swing from January, when the same measure was down 1%. Before anyone calls it a recovery, though, it is worth looking at what is actually driving the number. Price Is Doing Most of the … [Read more...] about HVAC Distributor Sales Pick Up in February
What Lennox’s Low Bar Tells Us About the HVAC Market Bottom
If you spent 2025 watching orders slow, inventory stack up, and replacement demand stall, you already know it was one of the most challenging HVAC markets in over a decade. The question now is whether we have finally hit the HVAC market bottom, or whether there is more pain ahead. Lennox's Q4 results and 2026 guidance give us something concrete to work with. A recent William … [Read more...] about What Lennox’s Low Bar Tells Us About the HVAC Market Bottom
