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
More than 30 investing pros with skin in the game give you actionable insight and investment ideas.