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Stock impact report

LCI Industries Reports Preliminary Fourth Quarter 2023 Results

LCI Industries (LCII) 
Last lci industries earnings: 2/11 07:00 am Check Earnings Report
Company Research Source: Business Wire
ELKHART, Ind.--(BUSINESS WIRE)--LCI Industries (NYSE: LCII), which, through its wholly-owned subsidiary, Lippert Components, Inc. ("Lippert"), supplies, domestically and internationally, a broad array of highly engineered components for the leading original equipment manufacturers ("OEMs") in the recreation and transportation markets, and the related aftermarkets of those industries, today provided select preliminary, unaudited financial results ranges for the fourth quarter of 2023.The Company expects net sales in the fourth quarter of 2023 to be in the range of $832 million to $842 million, compared to net sales of $894 million in the fourth quarter of 2022, and loss per diluted share to be in the range of $0.04 to $0.14, compared to a loss of $0.68 per diluted share for the fourth quarter of 2022.“As RV and marine OEMs took action during the fourth quarter to further normalize industry inventories, our results were adversely impacted by lower than expected production levels at Show less Read more
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