Mix has still been headwind this year for us. We talked last year a lot about a mix down that we saw last year and we said we’d have $15 million mix headwind this year. We still think that’s about right. In second quarter, we saw a continued trade down as customers are still buying more entry-level product, increasingly more entry-level product and premium product. But I think the one good sign that we saw through second quarter was R-22 as a percentage of our sales was flat where we thought it would be up year-over-year.Read the rest of this transcript for free on seekingalpha.com
Lennox International's CEO Presents At Bank Of America Merrill Lynch Global Industrials & Materials Conference (Transcript)
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
Every recommendation goes through 3 layers of intense scrutinyquantitative, fundamental and technical analysisto maximize profit potential and minimize risk.
Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.