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Lennox stock plunges 21% after missing sales targets and cutting 2026 earnings forecast

Market News
06 Aug 2026
PRNewsWire
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Bearish
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Lennox International reported $1.5 billion in Q2 2026 sales, missing expectations and citing weakness in the residential market. The company lowered its 2026 earnings forecast by about 3%, causing its stock to drop nearly 21% to $430.02 per share. This triggered a securities fraud investigation by Pomerantz LLP into whether Lennox and its executives engaged in unlawful business practices. Investors affected by the stock decline are encouraged to contact the law firm for potential class action participation.

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