Welcome to our dedicated page for Lci Inds news (Ticker: LCII), a resource for investors and traders seeking the latest updates and insights on Lci Inds stock.
LCI Industries (LCII) delivers essential components for recreational vehicles and modular housing markets through its OEM and aftermarket segments. This news hub provides investors and industry professionals with authoritative updates on corporate developments directly impacting the RV and transportation manufacturing sectors.
Access real-time announcements including quarterly earnings, product innovations, and strategic partnerships. Our curated feed ensures you stay informed about chassis system advancements, suspension technology updates, and manufacturing capacity expansions across LCII's 42 North American facilities.
The repository features critical updates across three key areas: operational expansions in component production, technological advancements in vehicle systems, and market position developments within the recreational transport industry. Each update maintains strict compliance with financial disclosure standards.
Bookmark this page for streamlined access to LCII's official communications, including regulatory filings and leadership statements. Combine strategic insights with manufacturing sector expertise through our verified news aggregation system.
LCI Industries (NYSE: LCII) will release its Q2 2022 financial results on August 2, 2022, before market opening. The company, through its subsidiary Lippert Components, provides engineered components primarily for the recreation and transportation sectors, including recreational vehicles and trucks. A conference call will follow the release at 8:30 a.m. ET, with participation limited to institutional investors and analysts.
Details regarding accessing the call and a subsequent replay have been provided for interested parties.
LCI Industries (NYSE: LCII) has announced a regular quarterly cash dividend of $1.05 per share, payable on June 17, 2022, to shareholders on record as of June 3, 2022. The company, through its subsidiary Lippert, provides engineered components for OEMs in the recreation and transportation markets, including RVs and trailers. This dividend reflects LCI's ongoing commitment to returning value to its shareholders.
LCI Industries (NYSE: LCII) announced a new $200 million stock repurchase program over the next three years, aimed at enhancing shareholder value. This initiative reflects the Board's confidence in the company's long-term growth and solid financial position, supported by strong operating cash flows and borrowing capacity. Stock buybacks will occur based on market conditions and may be adjusted by the Board. The program will be funded using existing cash, cash equivalents, and future cash flows.
LCI Industries reported strong first quarter 2022 results, achieving net sales of $1.6 billion, a 64% year-over-year increase. Net income surged to $196.2 million or $7.71 per diluted share, a 165% increase. EBITDA reached $301.5 million, up 139% year-over-year. The company's performance was driven by record wholesale shipments, particularly in the RV sector. The average product content per RV increased to $4,854. LCI declared a quarterly dividend of $0.90 per share, totaling $22.9 million.
LCI Industries (NYSE: LCII) will announce its first-quarter 2022 financial results on May 10, 2022, before market opening. A conference call will follow at 8:30 a.m. ET, featuring CEO Jason Lippert and CFO Brian Hall, discussing results and business matters, with a Q&A session for institutional investors and analysts. The call can be accessed at investors.lci1.com. A replay will be available for two weeks. LCI Industries, through Lippert Components, provides engineered components for the recreation and transportation markets.
LCI Industries has acquired substantially all business assets of Girard Systems and Girard Products LLC, specialists in awnings and tankless water heaters for the RV industry. This acquisition enhances Lippert's product portfolio, particularly in the motorized segment of the RV market. Girard's established reputation and customer service align well with Lippert's growth strategy. The transaction is pivotal for expanding distribution channels and product offerings, positioning Lippert for increased revenue and market leadership.
LCI Industries (NYSE: LCII) has announced a quarterly cash dividend of $0.90 per share, payable on March 25, 2022, to stockholders of record by March 11, 2022. This decision reflects the company’s ongoing commitment to returning value to its shareholders.
LCI Industries, through its subsidiary Lippert, manufactures engineered components for original equipment manufacturers in the recreation and transportation sectors. Its products are essential in various applications, including recreational vehicles and commercial transport.
LCI Industries (NYSE: LCII) reported record fourth quarter and full year results for 2021, with net sales of $1.2 billion, up 55% year-over-year. Net income soared to $82.3 million ($3.22 per diluted share), marking a 69% increase. The company achieved total net sales of $4.5 billion for the year, a 60% rise, with net income reaching $287.7 million ($11.32 per diluted share). Strong demand in the RV sector and successful acquisitions bolstered growth. A quarterly dividend of $0.90 per share was declared, and the borrowing capacity was extended until December 2026, enhancing financial stability.
LCI Industries (NYSE: LCII) will announce its fourth-quarter and year-end 2021 financial results on February 10, 2022, pre-market. A conference call will follow at 8:30 a.m. ET for institutional investors and analysts, discussing results and business matters. Participants can access the call via phone or listen to a live webcast on the company’s website. Post-call, a replay will be available for two weeks. LCI Industries, through Lippert Components, supplies components for recreational and transportation markets, serving OEMs and related aftermarkets.
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