Earnings ·
LCI Industries reported second quarter 2026 adjusted net sales of $1.1 billion, a 4% decline driven by a 10% drop in…
LCIILci Industries
LCI Industries reported second quarter 2026 adjusted net sales of $1.1 billion, a 4% decline driven by a 10% drop in OEM sales offset by an 11% increase in Aftermarket revenue. Adjusted diluted EPS was $2.70, up 13% year-over-year, while GAAP net income rose 16% to $67 million ($2.75 per share). The company maintained its full-year adjusted operating profit margin guidance of 7.5% to 8%, though it lowered the full-year adjusted revenue outlook to $3.9–$4.1 billion and EPS guidance to $8.25–$8.75 due to softer RV industry wholesale shipment expectations. Interim CEO John Sirpilla highlighted self-help initiatives that expanded margins by 110 basis points despite challenging demand. The company also announced a $1.15 per share quarterly dividend payment of $28 million in the quarter and provided an update on its pending merger with Patrick Industries. LCI Industries manufactures components, systems, and accessories for the outdoor recreation, transportation, and housing markets.