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LCI Industries Q1 2023 Earnings Report

LCI Industries logo
$104.65 -0.48 (-0.46%)
(As of 12/20/2024 05:31 PM ET)

LCI Industries EPS Results

Actual EPS
$0.29
Consensus EPS
-$0.02
Beat/Miss
Beat by +$0.31
One Year Ago EPS
$7.71

LCI Industries Revenue Results

Actual Revenue
$973.31 million
Expected Revenue
$866.61 million
Beat/Miss
Beat by +$106.70 million
YoY Revenue Growth
-40.80%

LCI Industries Announcement Details

Quarter
Q1 2023
Time
Before Market Opens

Conference Call Resources

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LCI Industries Earnings Headlines

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LCI Industries (NYSE:LCII) Is Increasing Its Dividend To $1.15
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About LCI Industries

LCI Industries (NYSE:LCII), together with its subsidiaries, manufactures and supplies engineered components for the manufacturers of recreational vehicles (RVs) and adjacent industries in the United States and internationally. It operates through two segments: Original Equipment Manufacturers (OEM) and Aftermarket. The OEM segment manufactures and distributes a range of engineered components, such as steel chassis and related components; axles, ABS, and suspension solutions; slide-out mechanisms and solutions; thermoformed bath, kitchen, and other products; vinyl, aluminum, and frameless windows; manual, electric, and hydraulic stabilizer and leveling systems; entry, luggage, patio, and ramp doors; furniture and mattresses; electric and manual entry steps; awnings and awning accessories; electronic components; appliances; air conditioners; televisions and sound systems; tankless water heaters; towing products; truck accessories; and other accessories. This segment serves OEMs of RVs and adjacent industries, including buses; trailers used to haul boats, livestock, equipment, and other cargo; trucks; boats; trains; manufactured homes; and modular housing. The Aftermarket segment supplies engineered components to aftermarket channels of the recreation and transportation markets for retail dealers, wholesale distributors, and service centers, as well as direct to retail customers through the Internet. This segment also sells replacement glass and awnings to fulfill insurance claims; and biminis, covers, buoys, fenders to the marine industry, towing products, truck accessories, appliances, air conditioners, televisions, sound systems, and tankless water heaters. The company was formerly known as Drew Industries Incorporated and changed its name to LCI Industries in December 2016. LCI Industries was founded in 1956 and is based in Elkhart, Indiana.

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