Lennox International Inc. (NYSE:LII) Q4 2023 Results Conference Call January 31, 2024 9:30 AM ET
Company Participants
Chelsey Pulcheon - IR
Alok Maskara - CEO
Michael Quenzer - CFO
Joe Reitmeier - CFO
Conference Call Participants
Steve Tusa - JP Morgan
Damian Karas - UBS
Deane Dray - RBC Capital Markets
Gautam Khanna - TD Cowen
Jeff Hammond - KeyBanc Capital Markets
Jeff Sprague - Vertical Research
Joe Ritchie - Goldman Sachs
Joe O'Dea - Wells Fargo
Julian Mitchell - Barclays
Nigel Coe - Wolfe Research
Noah Kaye - Oppenheimer
Ryan Merkel - William Blair
Tommy Moll - Stephens Inc.
Tim Wojs - Baird
Operator
Welcome to the Lennox Fourth Quarter and Full Year 2023 Earnings Conference Call. All lines are currently in a listen-only mode and there will be a question-and-answer session at the end of the presentation. [Operator Instructions]. As a reminder, this call is being recorded.
I would now like to turn the conference over to Chelsey Pulcheon from the Lennox Investor Relations team. Chelsey, please go ahead.
Chelsey Pulcheon
Thank you, Shelby. Good morning, everyone. Thank you for joining us this morning as we share yet another quarter of outstanding performance. With me today is CEO, Alok Maskara, our new CFO, Michael Quenzer; and our outgoing CFO, Joe Reitmeier. Alok, Michael and Joe will share their prepared remarks before we move to the Q&A session.
Turning to Slide 2, a reminder that during today's call, we will be making certain forward-looking statements, which are subject to numerous risks and uncertainties as outlined on this page. We may also refer to certain non-GAAP financial measures that management considers relevant indicators of underlying business performance. Please refer to our SEC filings available on our Investor Relations website for additional details, including a reconciliation of all GAAP to non-GAAP measures.
The earnings release, today's presentation and the webcast archive link for today's call are available on our Investor Relations website at investor.lennox.com.
Now please turn to Slide 3 as I turn the call over to our CEO, Alok Maskara.
Alok Maskara
Thank you, Chelsey. Good morning, and welcome. I'm proud to represent our 13,000 employees as we delivered another full year of record results. We are pleased with our 2023 growth, margin expansion and more important cash generation. Our strong results were noteworthy, given the unprecedented destocking faced by residential HVAC manufacturers last year. I'm deeply grateful for our employees and our customers whose hard work, loyalty and dedication drove the results that we will be discussing today. I would like to begin by highlighting 4 key messages on Slide 3.