earnings
confidence high
sentiment negative
materiality 0.75
LCI Industries Q4 net loss $17.1M on 26% revenue decline; FY2022 record sales $5.2B
LCI INDUSTRIES
2022-FY EPS reported
$15.48
revenue$5,207,143,000
- Q4 2022 net loss $17.1M ($0.68 loss per diluted share) vs net income $82.3M ($3.22) in Q4 2021.
- Full year 2022 net sales record $5.2B (+16% YoY); net income $395M ($15.48 diluted EPS) vs $287.7M ($11.32) prior year.
- RV OEM segment Q4 sales $433.8M, down 40% YoY; adjacent industries OEM up 3% to $296.8M.
- Aftermarket Q4 sales $163.8M, down 17% YoY; marine aftermarket strength partially offset auto decline.
- January 2023 net sales ~$273M (-48% YoY) as North American RV production fell ~80%.