Johnson Controls International is a global leader in creating intelligent buildings, efficient energy solutions, and integrated infrastructure. The company specializes in providing advanced technologies and services that optimize building performance and enhance security, comfort, and sustainability. Its portfolio includes solutions for heating, cooling, refrigeration, fire safety, and security systems, enabling businesses and organizations to improve operational efficiency and reduce environmental impact. Through its innovative approach, Johnson Controls aims to help customers navigate the complexities of modern building management while contributing to a more sustainable and connected world.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at AZZ (NYSE:AZZ) and the best and worst performers in the commercial building products industry.
In-store traffic data from Sensormatic Solutions, the leading global retail solutions portfolio of Johnson Controls (NYSE: JCI), indicates American consumers’ continued interest in brick-and-mortar shopping experiences this holiday season. The brand’s ShopperTrak Analytics data showed that visits to stores and retail centers over the holiday week (Nov. 24 – Dec. 1) were down 2.3% year-over-year but outperformed year-to-date traffic, which has been down 3.0% on average.
Sensormatic Solutions, the leading global retail solutions portfolio of Johnson Controls (NYSE: JCI), today shared its first look into in-store shopper traffic for the 2024 holiday season. The brand’s ShopperTrak Analytics insights indicate that U.S. shopper visits were down 3.9% from Nov. 24 through Nov. 29, in line with the in-store traffic trends seen year-to-date (down 3.0% year-over-year).
Let’s dig into the relative performance of Insteel (NYSE:IIIN) and its peers as we unravel the now-completed Q3 commercial building products earnings season.
As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the commercial building products industry, including Johnson Controls (NYSE:JCI) and its peers.
Sensormatic Solutions, the leading global retail solutions portfolio of Johnson Controls (NYSE: JCI), today announced the elimination of single-use plastic packaging when shipping its InFuzion and magnetic alarming tag lines. This move toward more recyclable packaging was the result of a collaboration with specialty outdoor retailer REI Co-op, as part of both brands’ commitments to reduce waste. The new packaging for the InFuzion and magnetic alarming tag will be rolled out to retail customers globally.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Apogee (NASDAQ:APOG) and the rest of the commercial building products stocks fared in Q3.
Building operations company Johnson Controls (NYSE:JCI) fell short of the market’s revenue expectations in Q3 CY2024, with sales falling 9.5% year on year to $6.25 billion. Its non-GAAP profit of $1.28 per share was 2.6% above analysts’ consensus estimates.
U.S. stocks could witness a strong opening on Wednesday after former President Donald Trump emerged victorious after a long-drawn battle with Joe Biden and Kamala Harris.
