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Stock impact report

LCI Industries Reports Record First Quarter Results

LCI Industries (LCII)  More Company Research Source: Business Wire
Last lci industries earnings: 2/11 07:00 am Check Earnings Report
PDF Continuing to meet strong industry demand to drive Company-wide growthFirst Quarter 2021 HighlightsNet sales of $1.0 billion in the first quarter, an increase of 52% year-over-yearNet income increased $45.9 million, or 163%, to $74.1 million, or $2.93 per diluted share, in the first quarterAdjusted EBITDA increased $50.8 million, or 68%, to $125.9 million in the first quarterNorth American RV OEM sales grew to $526.0 million in the first quarter, up 59% year-over-year, driven by record wholesale and retail demand for the quarterRV industry record 54,300 wholesale shipments in March and record 148,500 shipments in the first quarterAdjacent Industries OEM sales grew to $250.6 million in the first quarter, up 34% year-over-yearAftermarket Segment sales grew to $184.0 million in the first quarter, up 45% year-over-yearNet sales from the fourth quarter 2020 acquisitions of Veada Industries, Inc. and Challenger Door, LLC contributed a combined $41 million in the first quarterQuarterly divid [Read more]
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