earnings
confidence high
sentiment neutral
materiality 0.75
LCI Industries Q4 net loss narrows to $2M; full-year profit down 84% to $64M
LCI INDUSTRIES
2023-FY EPS reported
$2.52
revenue$3,784,808,000
- Q4 net loss $2.4M ($0.09/sh) vs loss $17.1M ($0.68) a year ago; net sales $838M, down 6% YoY.
- Full-year 2023 net income $64.2M ($2.52/sh) vs $395.0M ($15.48); EBITDA $255M, down 63%.
- Aftermarket segment net sales up 10% and operating profit improved $15M to $14.3M in Q4.
- January 2024 net sales ~$308M, up 13% YoY, driven by 57% rise in North American RV production.
- Reduced debt $277M in 2023; cash from ops $527M; $106M returned via dividends.