Welcome to our dedicated page for LSI Industries news (Ticker: LYTS), a resource for investors and traders seeking the latest updates and insights on LSI Industries stock.
LSI Industries Inc. reports news on its commercial lighting and display solutions business, including financial results, cash dividends, acquisition activity and customer project demand across retail and other multi-site markets. The company manufactures non-residential indoor and outdoor lighting, lighting controls, print and digital graphics, signage, menu board systems, refrigerated, heated and custom displays.
Recurring updates also cover LSI's Lighting and Display Solutions segments, project management services for large-scale product rollouts, and the combined platform capabilities added through the completed Royston Group acquisition. News commonly links operating performance to branding, remodel and new-build programs for petroleum and convenience stores, quick-service restaurants, grocery, automotive and other commercial customers.
LSI Industries (Nasdaq: LYTS) reported strong fiscal 2026 results for the year ended June 30, 2026, with net sales up 20% year-over-year to a record $689.4 million, including contributions from the March 2026 acquisition of Royston Group. Fourth-quarter net sales rose 51% to $234.6 million, with organic growth of 8%. Adjusted EBITDA reached $25.7 million in Q4 and $69.7 million for the year, representing a 10.1% margin and a 27% increase versus fiscal 2025. GAAP net income was $6.9 million in Q4 and $22.6 million for the year, both below prior-year levels, while adjusted EPS was $0.38 in Q4 and $1.25 for the year. Display Solutions segment sales doubled in Q4, with 18% organic growth, and a new multi-year refueling/c-store program covering about 2,500 sites and a separate $30 million award were secured. Net debt to proforma trailing twelve-month adjusted EBITDA stood at 2.7x, and the Board declared a quarterly cash dividend of $0.05 per share, implying an annual rate of $0.20.
LSI Industries (Nasdaq: LYTS) announced that Executive Vice President and Chief Financial Officer James E. Galeese plans to retire on August 31, 2027, after more than a decade with the company. Galeese expects to support LSI in an advisory capacity following his CFO tenure.
LSI has begun a formal search for his successor, led by the Executive Committee with a global search firm, considering internal and external candidates. The company intends to appoint a new CFO in the first half of 2027. According to LSI, since becoming CFO in 2017, Galeese helped deploy more than $500 million across four strategic acquisitions and contributed to a multi-year track record of compounded, profitable growth.
LSI Industries (Nasdaq: LYTS) will release its fiscal 2026 fourth quarter and full-year results before the market opens on Thursday, August 20, 2026. The company will host a conference call at 11:00 a.m. ET, with a live webcast and presentation materials available in the Investor Relations section of www.lsicorp.com. Domestic and international investors can join via teleconference and access a replay through September 3, 2026 using the published dial-in numbers and Conference ID 13761791.
LSI Industries (Nasdaq: LYTS) announced a strategic partnership with Carter Thermal Industries Group, effective May 28, 2026. LSI becomes Carter’s exclusive partner in the U.S. and Canada for advanced remote refrigerated display and store solutions.
The agreement gives LSI a capital-light entry into the remote refrigeration market, expanding its offerings beyond self-contained units. LSI will market, manufacture, sell, and support Carter-designed, co-branded systems using its 23 North American manufacturing sites to serve grocery and retail customers.
LSI Industries (Nasdaq: LYTS) reported fiscal 2026 third quarter results and declared a quarterly cash dividend of $0.05 per share payable May 12, 2026. Q3 net sales were $150.5M (+14% y/y; +9% ex-Royston); adjusted EBITDA was $15.0M (+34% y/y).
The company completed the acquisition of Royston Group on March 24, 2026, issued ~5.5M shares to finance the deal, reported adjusted net income of $9.6M, free cash flow (ex-acquisition items) of $11.8M, and net debt / pro forma TTM adjusted EBITDA of 2.7x.
LSI Industries (Nasdaq: LYTS) will release fiscal 2026 third quarter results before the market opens on Thursday, April 23, 2026. A conference call to review results and hold a Q&A will follow at 11:00 a.m. ET. Webcast and presentation materials will be available on the company website.
LSI (Nasdaq: LYTS) completed the acquisition of Royston Group for an aggregate purchase price of $325 million on March 24, 2026, funded by debt and proceeds from a March 2, 2026 public offering.
Royston generated ~$272 million revenue and ~$38 million adjusted EBITDA (14% margin) on a TTM basis through Sept 30, 2025; its results join LSI’s Display Solutions segment beginning fiscal 2026 Q3, with ~6 days of contribution.
LSI Industries (Nasdaq: LYTS) priced an underwritten public offering of 4,600,000 shares at $19.75 per share, generating gross proceeds of approximately $90 million. The underwriters have a 30-day option for 690,000 additional shares.
LSI expects the offering to close on or about March 2, 2026. Net proceeds are planned to partially fund the proposed Royston Group acquisition, repay borrowings under a proposed senior secured credit facility, and for general working capital.
LSI (Nasdaq: LYTS) intends to offer $90 million of common stock, with underwriters having a 30-day option for an additional 15% of the shares. Proceeds are planned to support the proposed Royston Group acquisition, repay borrowings under a proposed senior secured facility, and for general corporate purposes.
The company filed an effective shelf registration on Form S-3; final terms will appear in a prospectus supplement to be filed with the SEC.
LSI (Nasdaq: LYTS) will acquire Royston Group for an aggregate purchase price of $325 million ($320 million cash, $5 million in stock), expected to close in Q3 of fiscal 2026 subject to HSR clearance.
Royston reported TTM September 2025 revenue of $272 million and adjusted EBITDA of $38 million (14%). Pro-forma TTM September 2025 combined revenue is ~$864 million with adjusted EBITDA of ~$95 million. LSI expects pro-forma net leverage near 3.0x at closing and plans to reduce leverage to ≤2.0x by year-end fiscal 2028.