Welcome to our dedicated page for Life Storage news (Ticker: LSI), a resource for investors and traders seeking the latest updates and insights on Life Storage stock.
Life Storage (LSI), a leader in self-storage solutions with over 1,000 facilities nationwide, provides investors and industry professionals with timely updates through this dedicated news hub. Track official press releases, financial results, and operational developments to stay informed about strategic initiatives like facility expansions and market partnerships.
This page consolidates all essential updates, including earnings announcements, acquisitions, and sustainability efforts. Users gain access to verified information on LSI's climate-controlled storage innovations and customer service milestones, supporting data-driven analysis of the company’s performance.
Key content categories include quarterly financial disclosures, leadership updates, and operational enhancements. Bookmark this page for direct access to primary sources about LSI’s growth in the competitive self-storage sector, ensuring you never miss critical developments affecting market positioning.
LSI Industries (LYTS) reported strong fiscal 2025 third quarter results with net sales of $132.5 million, up 22% year-over-year. The company achieved diluted EPS of $0.13 and adjusted diluted EPS of $0.20, with EBITDA of $9.3 million and adjusted EBITDA of $11.3 million.
Key highlights include a book-to-bill ratio of 1.06, backlog increase of 15% year-over-year, and completion of Canada's Best Holdings acquisition. The Display Solutions segment showed impressive 70% growth, including 15% organic growth. The company generated free cash flow of $4.7 million and maintained a healthy net debt to TTM Adjusted EBITDA ratio of 1.0x.
LSI declared a quarterly cash dividend of $0.05 per share, payable May 13, 2025. The company's strategic expansion continues with the $24 million acquisition of Canada's Best Holdings, strengthening its North American presence.
LSI Industries (Nasdaq: LYTS), a leading U.S. manufacturer of commercial lighting and display solutions, has scheduled its fiscal 2025 third quarter results announcement for Thursday, April 24, 2025, before market opening.
The company will host a conference call at 11:00 a.m. ET the same day, featuring a Q&A session. Investors can access the webcast and presentation materials through LSI's website investor relations section. The conference call replay will be available until May 8, 2025.
LSI Industries (LYTS) has announced the acquisition of Canada's Best Holdings (CBH) for USD $24.0 million, with an additional $7.0 million performance-based earnout potential. CBH, known as Canada's Best Store Fixtures, is a leading provider of retail fixtures and custom store design solutions operating from four facilities in Ontario and Alberta.
CBH generated average annual sales of USD $24.0 million and average adjusted EBITDA of USD $4.0 million over the last two fiscal years. The transaction, funded through cash and credit facility, will maintain a pro-forma net debt to adjusted EBITDA ratio of approximately 1.1x.
The acquisition brings 120 employees to LSI and expands its presence in grocery, QSR, c-store markets, while entering new verticals like financial institutions and specialty retail. CBH will operate as an independent brand within LSI's display solutions segment starting Q3 2025, marking LSI's third acquisition in the custom display solutions market in four years.
LSI Industries (LYTS) reported strong fiscal Q2 2025 results with net sales reaching $147.7 million, a 36% year-over-year increase, including 14% organic growth. The company posted net income of $5.6 million ($0.18 per diluted share) and adjusted net income of $8.0 million ($0.26 per diluted share).
The Display Solutions segment showed exceptional performance with 50% organic sales growth, driven by strong demand in refueling/c-store and grocery verticals. The EMI acquisition, completed in April 2024, contributed $23.4 million in sales. The company generated $8.8 million in free cash flow and reduced its net debt to TTM Adjusted EBITDA ratio to 0.6x.
The company declared a quarterly cash dividend of $0.05 per share, payable February 11, 2025. Backlog increased 12% year-over-year, with Display Solutions orders up 25%, indicating strong momentum entering Q3 fiscal 2025.
LSI Industries (Nasdaq: LYTS) has announced it will release its fiscal 2025 second quarter results before market opening on Thursday, January 23, 2025. The company will host a conference call at 11:00 a.m. ET on the same day to discuss the results and conduct a Q&A session.
The conference call will be accessible via webcast through LSI's website investor relations section, with presentation materials available. Participants can join through teleconference using domestic (877-407-4018) or international (201-689-8471) dial-in numbers. A replay will be available until February 6, 2025, accessible via domestic (844-512-2921) and international (412-317-6671) numbers with conference ID 13751021.
LSI Industries (Nasdaq: LYTS) announced its fiscal 2025 first-quarter results ending September 30, 2024. The company reported net sales of $138.1 million, a 12% increase year-over-year. Net income was $6.7 million or $0.22 per diluted share, while adjusted net income was $8.0 million or $0.26 per share. EBITDA stood at $12.1 million, with adjusted EBITDA at $13.4 million. Free cash flow was $11.1 million, and the ratio of net debt to TTM adjusted EBITDA was 0.8x.
The company highlighted strong commercial and operational execution, with a notable 90% increase in grocery vertical orders. LSI successfully integrated EMI Industries, contributing $26.2 million in sales. Despite lower large project activity in the Lighting segment, total orders and backlog increased.
LSI declared a quarterly cash dividend of $0.05 per share payable on November 26, 2024, to shareholders of record on November 18, 2024. Management forecasts positive activity for Display Solutions and anticipates improved performance in the Lighting Segment in the second quarter.
LSI Industries (Nasdaq: LYTS) announced it will release its fiscal 2025 first quarter results before market opening on Thursday, November 7, 2024. The company will host a conference call at 11:00 a.m. ET the same day, featuring a Q&A session and presentation materials available on their website. The conference call will be accessible via webcast and teleconference, with replay available through November 21, 2024.
LSI Industries Inc. (Nasdaq: LYTS) reported financial results for Q4 and full-year fiscal 2024. Q4 highlights include:
- Net sales of $129.0 million, up 4% year-over-year
- Net income of $5.7 million
- Adjusted net income of $7.3 million or $0.24 per diluted share
- Adjusted EBITDA of $14.0 million or 10.9% of sales
- Free cash flow of $10.3 million
Full-year fiscal 2024 results:
- Net sales of $469.6 million
- Net income of $25.0 million or $0.83 per diluted share
- Adjusted net income of $28.6 million or $0.95 per diluted share
- Adjusted EBITDA of $51.4 million or 11.0% of sales
- Free cash flow of $38.0 million
LSI completed the acquisition of EMI Industries for $50 million in cash, enhancing its integrated display solutions offering.
LSI Industries (Nasdaq: LYTS), a leading U.S. manufacturer of commercial lighting and display solutions, has announced the date for its fiscal 2024 fourth quarter and full-year results conference call. The company will release its financial results on Thursday, August 15, 2024, before the market opens. A conference call will be held at 11:00 a.m. ET on the same day to discuss the results and answer questions.
Investors can access the webcast and presentation materials through LSI Industries' website. Teleconference dial-in options are available for both domestic (877-407-4018) and international (201-689-8471) participants. A replay of the call will be accessible until August 29, 2024, using the provided replay numbers and conference ID.
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