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Recent Updates — LCII

September 10, 2026View Source ↗

LCI Industries voluntarily withdrew its Hart-Scott-Rodino (HSR) Act notification for the proposed merger with Patrick Industries on September 4, 2026, and refiled it on September 9, 2026. This refiling initiated a new waiting period under the HSR Act, which remains a condition to completing the transaction. The Mergers remain subject to other closing conditions set forth in the Merger Agreement. LCI Industries designs and manufactures components for recreational vehicles.

August 10, 2026View Source ↗

LCI Industries filed a current report to announce that it and Patrick Industries, Inc. have filed their respective Premerger Notification and Report Forms with the Federal Trade Commission and the U.S. Department of Justice under the Hart-Scott-Rodino Antitrust Improvements Act on August 5, 2026. This filing satisfies one of the conditions required to close the previously announced merger agreement dated June 30, 2026, which involves a two-step merger process resulting in LCI becoming a wholly owned subsidiary of Patrick. The transaction remains subject to other closing conditions and regulatory approvals. LCI Industries operates in the recreational vehicle components industry, manufacturing structural systems and accessories for RVs.

August 7, 2026View Source ↗

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.

August 7, 2026View Source ↗

LCI Industries announced on August 7, 2026, that its Board of Directors approved a regular quarterly cash dividend of $1.15 per share of common stock. The dividend is payable on September 4, 2026, to stockholders of record at the close of business on August 21, 2026. LCI Industries operates in the manufacturing industry and supplies engineered components to the outdoor recreation and transportation markets.

August 5, 2026View Source ↗

LCI Industries reported second quarter 2026 results with net sales of $968.7 million, a 13% decrease from the prior year period. Adjusted net sales declined 4% to $1,057.5 million after excluding an $88.8 million reduction for IEEPA tariff refunds expected to be passed through to customers. Net income increased 16% to $67.1 million, or $2.75 per diluted share, compared to $57.6 million in the same period of 2025. Adjusted net income rose to $65.9 million, yielding adjusted diluted EPS of $2.70. Operating profit margin expanded 200 basis points year-over-year to 9.9%, driven by cost improvement actions and tariff refund benefits, partially offset by merger-related expenses. The company also announced a definitive agreement to combine with Patrick Industries in an all-stock merger expected to close in the first half of 2027. LCI Industries operates as a leading supplier of engineered components to the outdoor recreation and transportation markets.