Lenox Air Conditioner Manufacturer Cites Colder Temperatures for Decline in Sales

Despite all the global warming advocates, the air conditioner manufacturer Lenox came in well below Wall Street’s expectations, which were based on the claims running around that have now reached the level of a religion. Their earnings fell by about 9%. The CEO came out and made a statement with respect to sales decline:

Significantly cooler temperatures and higher precipitation across the United States adversely impacted the HVAC market in the second quarter, and especially in key Central regions where cooling degree days were down over 30% and precipitation was up over 60%.” 

 

Latest Posts

Francis Scott Key Bridge Collapse – Black Swan Event

https://www.armstrongeconomics.com/wp-content/uploads/2024/03/FrancisKellyBridgeCollapse2024.mp4 The Francis Scott Key Bridge in Baltimore collapsed on March 26, 2024, at 01:28 EDT after being struck by a cargo ship owned by Brawner Builders Inc. The ship [...]
Read more

Trump is a Commodity – $DJT

The Biden-Harris campaign attempted to nickname Trump the “Broke Don” after the NY courts attempted to extort his fortune. They will need a new term as Trump is now a [...]
Read more