Winter is Coming: These Brands Are in the Business of Keeping You Warm
Did You Know?
For those of us living in the more temperate climates, this time of year mandates preparation for cold weather. Light summer clothing is put away and we unpack thick sweaters, fleece-lined overcoats, thermal underwear and the like. With that in mind, let’s take a look at those public companies in the business of keeping us warm when winter has come.
VF Corporation (Tii:VFC)
With brands that include Vans, The North Face, Timberland and Dickies, VF Corporation has established a strong presence in this space. The Denver-based apparel and footwear company’s North Face brand offers thermal undergarments and footwear, down-filled parkas and even a Himalayan Suit (that retails for $999.00) specifically designed for mountain climbers, Antarctica-based researchers and others facing extremely cold conditions. Though revenue from continuing operations decreased 18 percent for its fiscal 2021 second quarter on lower in-store sales, direct-to-consumer digital revenue increased 44 percent and the company raised its quarterly dividend by 2 percent to $0.49 per share.
3M Company (Tii:MMM)
With literally thousands of products, it’s no surprise that 3M would also manufacture product lines designed to keep out winter’s chill. From window and patio door insulation, weather sealing tape, winter work gloves and a lot more, the global giant maintains a vested interest in keeping consumers toasty during the winter months – which is no surprise for a corporation based in Minnesota.
Lennox International, Inc. (Tii:LII)
As a global provider of climate control products for heating, ventilation, air conditioning (HVAC), the company is in the business of keeping consumers warm (and cool in the summer). With products that include the Heatcraft Refrigeration and Armstrong brands, the company recently reported a solid fiscal third quarter. While the company is feeling the impact of COVID-19, it reported a 2 percent increase in revenue for a third-quarter record of $1.06 billion, led by a 13 percent increase in residential sales and a 6 percent increase in adjusted EPS to a record $3.53.
Honeywell International Inc. (Tii:HON)
Though primarily an aerospace and building technologies company, the multinational conglomerate began in 1885 as a manufacturer of heating systems and still has a foot in the industry by way of its line of thermostats, space heaters and other home and industrial heating solutions. Shares of Honeywell stock, a component of the Dow Jones Industrial Average index from 1999 to 2008, was re-added to the 30-stock benchmark this year, replacing Raytheon Technologies (Tii:RTX).
Chewy, Inc. (Tii:CHWY)
We would certainly be remiss if we forgot to include the doggo, kitty and other pets that help turn our houses into homes. Whether a dog sweater, a heated bed for the kitten, or boots to safeguard paws from the frigid winter, the leading online retailer of pet food and other pet-related products has what you need to keep our furry friends warm throughout the cold months. Though trading off its record high set in September, shares of the online retailer have risen some 117 percent for the year (as of October 26).