LCI Industries Q2 2023 net sales fall 34% YoY; diluted EPS down 78% to $1.31

LCI INDUSTRIES

2023-Q2 EPS reported $1.60 revenue$1,987,949,000

Net sales $1.0B, down 34% YoY; net income $33.4M ($1.31/diluted) vs $154.5M ($6.06) last year.
EBITDA $88.2M, down 65% from $250.7M; aftermarket operating margin expanded to 14.3%.
RV OEM net sales $409.9M (-55% YoY); wholesale shipments down ~44%; content per towable up 2%.
Inventory reduced $200M YTD; net debt repayments $179M; quarterly dividend maintained at $1.05.
July 2023 net sales ~$295M, down 20% from July 2022; North American RV still pressured.

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 0.95

LCI INDUSTRIES reported second quarter of 2023 results: revenue $1.0 billion, net income $33.4 million, or $1.31 per diluted share, EPS $1.31 per diluted share.

Period: second quarter of 2023
Revenue: $1.0 billion
Net income: $33.4 million, or $1.31 per diluted share
EPS: $1.31 per diluted share
Result: reported results

Exact text from the filing

Consolidated net sales for the second quarter of 2023 were $1.0 billion, a decrease of 34 percent from 2022 second quarter net sales of $1.5 billion. Net income in the second quarter of 2023 was $33.4 million, or $1.31 per diluted share, compared to net income of $154.5 million, or $6.06 per diluted share, in the second quarter of 2022.

View on SEC.gov

168 earnings releases filed in the last 30 days. Browse all earnings releases →

LCI INDUSTRIES filing history →

Source: SEC EDGAR

accession 0000763744-23-000065

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.