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04.06.25 - 02:03
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Where LCI Industries Stands With Analysts (Benzinga)
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Latest Ratings for LCII
DateFirmActionFromTo Jul 2021Truist SecuritiesInitiates Coverage OnBuy Aug 2020CitigroupMaintainsNeutral Jul 2020CitigroupInitiates Coverage OnNeutral
View More Analyst Ratings for LCII
View the Latest Analyst Ratings
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15.05.25 - 22:18
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LCI Industries Announces Retirement of Director David Reed (Business Wire)
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ELKHART, Ind.--(BUSINESS WIRE)--LCI Industries (NYSE: LCII), a leading supplier of engineered components to the recreation and transportation markets, announced the retirement of David Reed from its Board of Directors, effective May 15, 2025, following 22 years of dedicated service.
Mr. Reed spent much of his career at Ernst & Young LLP, where he held several senior leadership roles across U.S. and global operations, administration, and marketing, where he over saw indirectly over 100,000 team members. Over his 26 years with the firm, he served on both the Management Committee and Global Executive Council, ultimately retiring as Senior Vice Chair in 2000. Following his retirement, he became President of a privately held family investment management company and has since served on the boards of multiple public, venture-backed, and private equity-owned companies.
Mr. Reed joined LCI Industries' Board of Directors in 2003 and has been a trusted advisor to the Company throughout more than two decades of grow...
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15.05.25 - 22:18
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LCI Industries Declares Quarterly Cash Dividend and Announces Share Repurchase Authorization (Business Wire)
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ELKHART, Ind.--(BUSINESS WIRE)--LCI Industries (NYSE: LCII), a leading supplier of engineered components to the recreation and transportation markets, today announced that its Board of Directors approved a regular quarterly cash dividend of $1.15 per share of common stock and authorized a new $300 million stock repurchase program over the next three years.
The dividend is payable on June 13, 2025, to stockholders of record at the close of business on May 30, 2025.
“This stock repurchase program reflects the Board of Directors' and senior management's commitment to strategic capital deployment that enhances shareholder value, underscoring our confidence in LCI Industries' long-term growth strategy. Our strong operating cash flows, balance sheet, and borrowing capacity give us the flexibility to return capital to shareholders while investing in our business to drive growth and innovation, pursue strategic acquisitions, and maintain appropriate debt levels,” said Jason Lippert, LCI Industries' Presid...
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29.04.25 - 13:03
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Lippert Acquires Freedman Seating Company (Business Wire)
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ELKHART, Ind.--(BUSINESS WIRE)--LCI Industries (NYSE: LCII), through its wholly owned subsidiary, Lippert Components, Inc. (“Lippert”), a leading supplier of engineered components to the recreation and transportation markets, today announced that it has acquired substantially all of the business assets of Freedman Seating Company (“Freedman”), an Illinois-based manufacturer of transportation seating solutions.
For over 130 years, Freedman has provided a variety of seating solutions to the bus, rail, marine, delivery truck, specialty and commercial vehicle markets. A family-owned company since 1894, Freedman's seating manufacturing roots date back to the horse drawn carriage. Today, they are a leading supplier of seating solutions for a multitude of bus OEMs, distributors, the federal government and many states and municipalities. Following the acquisition, Freedman's seating operations will continue in Chicago for the foreseeable future, honoring its longstanding ties to the local workforce and ...
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22.04.25 - 13:06
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LCI Industries First Quarter 2025 Conference Call Scheduled for May 6, 2025, at 8:30 a.m. ET (Business Wire)
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ELKHART, Ind.--(BUSINESS WIRE)--LCI Industries (NYSE: LCII), a leading supplier of engineered components to the recreation and transportation markets, will release its first quarter 2025 financial results before the market opens on Tuesday, May 6, 2025.
Conference Call & Webcast
LCI Industries will also host a conference call to discuss its first quarter 2025 results on Tuesday, May 6, 2025, at 8:30 a.m. ET. The call will conclude with a question-and-answer session with questions from institutional investors and analysts.
The conference call can be accessed by dialing (833) 470-1428 for participants in the U.S. and (929) 526-1599 for participants outside the U.S. using the required access code 255011. Due to the high volume of companies reporting earnings at this time, please be prepared for hold times of up to 15 minutes when dialing in to the call. In addition, an online, real-time webcast, as well as a supplemental earnings presentation, will be available on the Company's website, www.investors.lci1.c...
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12.03.25 - 04:15
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LCI Industries Announces Pricing of Offering of $400 Million Aggregate Principal Amount of 3.00% Convertible Senior Notes (Business Wire)
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ELKHART, Ind.--(BUSINESS WIRE)--LCI Industries (NYSE: LCII) (the “Company”), a leading supplier of engineered components to the recreation and transportation markets, priced $400.0 million in aggregate principal amount of 3.00% convertible senior notes due 2030 (the “Notes”) in a previously announced private placement (the “Offering”) to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). In connection with the Offering, the Company has granted the initial purchasers of the Notes an option to purchase, within a 13-day period from and including the date on which the Notes are first issued, up to an additional $60.0 million in aggregate principal amount of Notes (the “Option”). The sale of the Notes is expected to close on March 14, 2025, subject to customary closing conditions.
The Notes will be general unsecured, senior obligations of the Company and will bear interest at a rate of 3...
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11.03.25 - 12:03
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LCI Industries Announces Proposed Offering of $400 Million Aggregate Principal Amount of Convertible Senior Notes and Proposed Refinance of Term Loan (Business Wire)
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ELKHART, Ind.--(BUSINESS WIRE)--LCI Industries (NYSE: LCII) (the “Company”), a leading supplier of engineered components to the recreation and transportation markets, today announced that it intends to offer, subject to market conditions and other factors, $400.0 million in aggregate principal amount of convertible senior notes due 2030 (the “Notes”) in a private placement (the “Offering”) to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). In connection with the Offering, the Company expects to grant the initial purchasers of the Notes an option to purchase, within a 13-day period from and including the date on which the Notes are first issued, up to an additional $60.0 million in aggregate principal amount of Notes (the “Option”). The Company also announced that it is launching a proposed senior secured Term Loan B due 2032 in an aggregate principal amount of $400.0 million.
Not...
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05.03.25 - 23:45
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XFRA : DIVIDEND/INTEREST INFORMATION - 07.03.2025 - US50189K1034 (XETRA)
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Das Instrument 0DI US50189K1034 LCI INDS DL-,01 EQUITY wird cum Dividende/Zinsen gehandelt am 06.03.2025 und ex Dividende/Zinsen am 07.03.2025
The instrument 0DI US50189K1034 LCI INDS DL-,01 EQUITY has its pre-dividend/interest day on 06.03.2025 and its ex-dividend/interest day on 07.03.2025...
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19.02.25 - 22:18
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LCI Industries Declares Quarterly Cash Dividend (Business Wire)
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ELKHART, Ind.--(BUSINESS WIRE)--LCI Industries (NYSE: LCII), a leading supplier of engineered components to the recreation and transportation markets, today announced that its Board of Directors approved a regular quarterly cash dividend of $1.15 per share of common stock.
The dividend is payable on March 21, 2025, to stockholders of record at the close of business on March 7, 2025.
About LCI Industries
LCI Industries (NYSE: LCII), through its Lippert subsidiary, is a global leader in supplying engineered components to the outdoor recreation and transportation markets. We believe our innovative culture, advanced manufacturing capabilities, and dedication to enhancing the customer experience have established Lippert as a reliable partner for both OEM and aftermarket customers. For more information, visit www.lippert.com.
Forward-Looking Statements
This press release contains certain "forward-looking statements" with respect to our financial condition, results of operations, profitability, margin growth, bu...
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11.02.25 - 13:03
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LCI Industries Reports Fourth Quarter and Full Year Financial Results (Business Wire)
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Strong operational improvements drove a meaningful increase in profitability across diverse end markets
Fourth Quarter 2024 Highlights
Net sales of $803 million in the fourth quarter, down 4% year-over-year
Net income of $9.5 million, or $0.37 per diluted share, in the fourth quarter, up from a net loss of $2.4 million in the fourth quarter of 2023
EBITDA of $46 million in the fourth quarter, or 5.7% of net sales, up 29% year-over-year
Increased quarterly dividend to $1.15 per share, totaling $29 million paid in the fourth quarter
Full Year 2024 Highlights
Net sales of $3.7 billion, down 1% year-over-year
Net income of $143 million, or $5.60 per diluted share, up 123% year-over-year
EBITDA of $344 million, or 9.2% of net sales, up 35% year-over-year
Operating profit margin of 5.8% in 2024, up from 3.3% in 2023
Cash flows from operating activities of $370 million
Net repayments of indebtedness of $89 million
Returned $109 million to shareholders through quarterly dividends in 2024
Strong liquidity position...
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28.01.25 - 13:03
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LCI Industries Fourth Quarter and Full Year 2024 Conference Call Scheduled for February 11, 2025, at 8:30 a.m. ET (Business Wire)
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ELKHART, Ind.--(BUSINESS WIRE)--LCI Industries (NYSE: LCII), a leading supplier of engineered components to the recreation and transportation markets, will release its fourth quarter and full year 2024 financial results before the market opens on Tuesday, February 11, 2025.
Conference Call & Webcast
LCI Industries will also host a conference call to discuss its fourth quarter and full year 2024 results on Tuesday, February 11, 2025, at 8:30 a.m. ET. The call will conclude with a question-and-answer session with questions from institutional investors and analysts.
The conference call can be accessed by dialing (833) 470-1428 for participants in the U.S. and (929) 526-1599 for participants outside the U.S. using the required access code 823178. Due to the high volume of companies reporting earnings at this time, please be prepared for hold times of up to 15 minutes when dialing in to the call. In addition, an online, real-time webcast, as well as a supplemental earnings presentation, will be available on th...
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27.11.24 - 23:44
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XFRA : DIVIDEND/INTEREST INFORMATION - 29.11.2024 - US50189K1034 (XETRA)
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Das Instrument 0DI US50189K1034 LCI INDS DL-,01 EQUITY wird cum Dividende/Zinsen gehandelt am 28.11.2024 und ex Dividende/Zinsen am 29.11.2024
The instrument 0DI US50189K1034 LCI INDS DL-,01 EQUITY has its pre-dividend/interest day on 28.11.2024 and its ex-dividend/interest day on 29.11.2024...
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