LSI Industries Acquires EMI Industries, Expanding Store Fixtures and Food Service Equipment Business
LSI Industries Inc. (LYTS)
Last lsi industries inc. earnings: 4/23 06:30 am
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Source: Business Wire
LSI Acquires EMI Industries for $50 Million in Accretive, All-Cash TransactionTransaction Expands Display Solutions Capabilities Within Grocery, Convenience Store & Restaurant MarketsLSI to Host EMI Industries Acquisition Conference Call at 11 a.m. ET on April 19, 2024 CINCINNATI--(BUSINESS WIRE)--LSI Industries Inc. (NASDAQ: LYTS, “LSI” or the “Company”), a leading U.S. based manufacturer of commercial lighting and display solutions, today announced the acquisition of privately held EMI Industries (“EMI”) for an all-cash purchase price of $50 million.Florida-based EMI is an award-winning metal and millwork manufacturer of standard and customized fixtures, displays, and food equipment for the convenience store, grocery, and restaurant industries. For more than 40 years, EMI has worked closely with customers to develop innovative custom solutions that drive in-store customer traffic, elevate brand identity, and enhance the shopping experience. EMI serves a diverse, well-established
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News
- LSI Industries Inc. Reports Inducement Grants Under NASDAQ Listing RulesBusiness Wire
- LSI Industries Inc. (NASDAQ: LYTS) had its price target raised by analysts at Canaccord Genuity Group Inc. from $17.00 to $18.00. They now have a "buy" rating on the stock.MarketBeat
- LSI Industries Reports Fiscal 2024 Third Quarter Results and Declares Quarterly Cash Dividend [Yahoo! Finance]Yahoo! Finance
- LSI Industries Reports Fiscal 2024 Third Quarter Results and Declares Quarterly Cash DividendBusiness Wire
- LSI Industries Inc. (NASDAQ: LYTS) had its "buy" rating re-affirmed by analysts at HC Wainwright. They now have a $20.00 price target on the stock.MarketBeat
LYTS
Earnings
- 4/25/24 - Beat
LYTS
Sec Filings
- 4/30/24 - Form 8-K
- 4/25/24 - Form 8-K
- 4/19/24 - Form 8-K
- LYTS's page on the SEC website