| __timestamp | Lennox International Inc. | Thomson Reuters Corporation |
|---|---|---|
| Wednesday, January 1, 2014 | 573700000 | 9209000000 |
| Thursday, January 1, 2015 | 580500000 | 8810000000 |
| Friday, January 1, 2016 | 621000000 | 8232000000 |
| Sunday, January 1, 2017 | 637700000 | 8079000000 |
| Monday, January 1, 2018 | 608200000 | 4131000000 |
| Tuesday, January 1, 2019 | 585900000 | 4413000000 |
| Wednesday, January 1, 2020 | 555900000 | 3999000000 |
| Friday, January 1, 2021 | 598900000 | 1624000000 |
| Saturday, January 1, 2022 | 627200000 | 1622000000 |
| Sunday, January 1, 2023 | 705500000 | 64000000 |
| Monday, January 1, 2024 | 730600000 |
In pursuit of knowledge
In the competitive landscape of corporate finance, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. Over the past decade, Lennox International Inc. and Thomson Reuters Corporation have demonstrated contrasting approaches to SG&A cost management. From 2014 to 2023, Lennox International Inc. maintained a relatively stable SG&A expense trend, with a notable increase of approximately 27% from 2014 to 2023. In contrast, Thomson Reuters Corporation saw a dramatic reduction of nearly 99% in SG&A expenses over the same period, reflecting strategic cost-cutting measures. However, data for 2024 is missing for Thomson Reuters, leaving room for speculation on future trends. This analysis highlights the importance of strategic financial management in sustaining competitive advantage and profitability. As businesses navigate economic uncertainties, effective SG&A management remains a key differentiator.
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