LCI Industries prelim Q4: net sales $890-900M, loss per share $0.62-$0.73

LCI INDUSTRIES

2022-FY EPS reported $15.48 revenue$5,207,143,000

Preliminary Q4 net sales range $890M-$900M; loss per diluted share $0.62-$0.73.
RV OEMs took a collective month of production downtime to normalize inventories, causing adverse impact.
Company incurred severance-related and inventory reserve costs in Q4 to align costs with market conditions.
Management believes RV dealer inventories declining; expects OEM production to return to 2019-like run rates in H2 2023.
Non-RV segments and aftermarket expected to be more resilient; full results on Feb 14, 2023.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

LCI INDUSTRIES reported fourth quarter of 2022 results: revenue $890 million to $900 million, EPS $0.62 to $0.73.

Period: fourth quarter of 2022
Revenue: $890 million to $900 million
EPS: $0.62 to $0.73
Result: preliminary results

Exact text from the filing

The Company expects net sales in the fourth quarter of 2022 to be in the range of $890 million to $900 million, and loss per diluted share to be in the range of $0.62 to $0.73.

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Source: SEC EDGAR

accession 0000763744-23-000003

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