Lennox International Inc. or Textron Inc.: Who Manages SG&A Costs Better?

SG&A Cost Management: Lennox vs. Textron

__timestampLennox International Inc.Textron Inc.
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Unlocking the unknown

Who Manages SG&A Costs Better: Lennox International Inc. or Textron Inc.?

In the competitive landscape of industrial giants, managing Selling, General, and Administrative (SG&A) expenses is crucial for maintaining profitability. Lennox International Inc. and Textron Inc. have been at the forefront of this financial balancing act since 2014. Over the past decade, Lennox has demonstrated a steady control over its SG&A costs, with a modest increase of approximately 27% from 2014 to 2024. In contrast, Textron's SG&A expenses have shown more volatility, with a significant spike in 2024, reaching nearly ten times its 2014 levels. This dramatic rise suggests a strategic shift or an operational challenge. As businesses navigate economic uncertainties, understanding these trends offers valuable insights into corporate efficiency and strategic planning.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025