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Tue, November 15, 2011

Equity Research on iRobot Corporation and Lennox International Inc. - Mixed Results for Appliances Industry


Published on 2011-11-15 05:17:32 - Market Wire
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November 15, 2011 08:10 ET

Equity Research on iRobot Corporation and Lennox International Inc. - Mixed Results for Appliances Industry

NEW YORK, NY--(Marketwire - Nov 15, 2011) - [ www.shinesrooms.com ] has a handpicked team of market professionals with over 100 years of combined investing experience. Today they are providing members comprehensive research on the Appliances industry and are offering free analytical research on iRobot Corporation (NASDAQ: [ IRBT ]) and Lennox International Inc. (NYSE: [ LII ]). Register with us today at [ http://www.shinesrooms.com/index.php?_controller=RegisterMember&_method=index.com ] to have free access to these research reports.

Higher costs of raw materials and depressed new home sales have been adversely affecting several companies within the appliances industry. Strong demand for some products has allowed a few companies to grow profits in a difficult operating environment though. Get your free reports on iRobot Corporation and Lennox International Inc. at [ http://www.shinesrooms.com/index.php?_controller=RegisterMember&_method=index ]. There is no commitment to join.

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Lennox International Inc., a heating, air conditioning and refrigeration company, is among those hurt by higher input costs. Net income dropped 19% in the third quarter despite better sales. Lennox International Inc. report is accessible for free by registering today at [ http://www.shinesrooms.com/LennoxInternationalInc151111.pdf ].

iRobot Corp., maker of the Roomba vacuums, has outperformed the industry of late on the backing of strong demand for its products both domestically and internationally. Home robot revenue jumped 32% and international home robot revenue climbed 56% in the third quarter over the prior year period. iRobot Corporation report is accessible for free by registering today at [ http://www.shinesrooms.com/ciRobotCorporation151111.pdf ].

Overall, higher input costs and a weak housing market could make growth difficult for the appliances industry as a whole. However, growth in niche markets is feasible, as evidenced by the strong performance from companies like iRobot.

The two Appliances stocks research reports are available for free by signing up now on [ www.shinesrooms.com ].

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