DALLAS, TX — Due to lower-than-anticipated rates of operational improvements in certain acquired businesses and cooler-than-expected summer weather in the Northeast and Midwest United States, as well as much of Canada, Lennox International Inc. announced that it is revising its business outlook for the remainder of 2000. The company expects earnings will be down from previous expectations.
Expected earnings per share are expected to dip as low as $0.20 to $0.25 for the third quarter and as low as $1.05 for the full year.