Lsi Inds Inc Ohio Stock Price, News & Analysis

LSI Industries Inc. (LYTS) has expanded its footprint in the quick service restaurant (QSR) market by partnering with a major chicken brand operating over 2,500 locations. This partnership designates LSI as the preferred supplier for digital menu board systems, covering both drive-thru and indoor installations. The company will also provide ongoing maintenance through its ADAPT Program. LSI's strategy focuses on managing large-scale installations, aligning with corporate identities, and fostering long-term client relationships, thereby enhancing its service offerings within the QSR sector.

LSI Industries (LYTS), a major U.S. manufacturer of commercial lighting and display solutions, will attend the Sidoti Small-Cap Virtual Conference on March 24, 2022. LSI executives will be available for one-on-one meetings with registered investors. The company, headquartered in Greater Cincinnati, specializes in non-residential lighting and display solutions, employing approximately 1,400 people across 11 manufacturing plants in the U.S. and Canada. Further details can be found on their website.

LSI Industries (NASDAQ: LYTS) announced its participation in the 34th Annual Roth Conference on March 14-15, 2022, at The Ritz Carlton in Dana Point, California. Members of the executive team will engage in live one-on-one meetings with institutional investors attending the event. LSI is a leading manufacturer of commercial lighting and display solutions, known for high-performance, American-made products. The company operates 11 manufacturing plants across the U.S. and Canada, employing approximately 1,400 people.

LSI Industries reported a remarkable fiscal Q2 2022, achieving a 45% increase in total net sales to $111.1 million year-over-year, with organic sales up 19%. Net income rose by 41% to $3.1 million, or $0.11 per diluted share. Adjusted net income also surged 67% to $4.2 million, representing $0.15 per diluted share. The company’s robust performance is attributed to the recovery in non-residential construction and the JSI Store Fixtures acquisition. A regular cash dividend of $0.05 per share is set for February 15, 2022.

LSI Industries (NASDAQ: LYTS) announced a significant $17 million order from a major supermarket chain for the manufacture of refrigerated display fixtures through its subsidiary, JSI Store Fixtures. This order, which will be fulfilled in the second half of fiscal 2022, reflects LSI's commitment to energy-efficient and custom solutions designed to enhance customer experience. JSI, recognized for its quality and domestic manufacturing, was acquired by LSI in May 2021, positioning LSI to leverage ongoing investments in display solutions in the grocery sector.

LSI Industries Inc. (NASDAQ: LYTS) will release its second quarter fiscal 2022 results on January 27, 2022, before the market opens. A conference call is scheduled for the same day at 11:00 a.m. ET, where financial results will be reviewed, and a Q&A session will follow. Interested parties can access the webcast and presentation materials through the Investor Relations section of LSI's website. The company specializes in commercial lighting and display solutions, employing around 1,400 people across 11 manufacturing plants in the U.S. and Canada.

LSI Industries (NASDAQ: LYTS) announced the launch of turnkey solar installations for petroleum fueling stations, starting with a project in Austin, Texas. This initiative features LG solar panels expected to generate over 170,000 kWh of energy annually, cutting energy consumption by 18%. The project reflects LSI's commitment to green innovation and energy efficiency. CEO James A. Clark emphasized the importance of reducing carbon footprints and operating costs for customers, showcasing LSI's focus on eco-friendly solutions in the clean energy market.

LSI Industries (NASDAQ: LYTS) reported a strong fiscal Q1 2022 with net sales reaching $106.4 million, up 52% year-over-year. Organic net sales rose 19%. The company achieved a net income of $3.1 million, a 57% increase, and adjusted EPS was $0.13. Adjusted EBITDA grew 59% to $7.6 million. The growth was driven by strong demand in Lighting and Display Solutions, including contributions from the JSI acquisition made in May 2021. Despite supply chain challenges, LSI increased inventory to meet customer demand.

LSI Industries (NASDAQ: LYTS) will release its first quarter fiscal 2022 results on November 3, 2021, before the market opens. A conference call to discuss these results is scheduled for the same day at 11:00 a.m. ET, where recent events will also be covered. Interested parties can join via teleconference or access the webcast through the Investor Relations section of the LSI website. The company specializes in commercial lighting and display solutions, employing around 1,400 people across 11 manufacturing plants in the U.S. and Canada.