secwatch.observer — SEC 8-K summary
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Issuer:     LCI INDUSTRIES (LCII)
CIK:        0000763744
Form:       8-K
Filed at:   2024-05-08T23:59:59+00:00
Accession:  0000763744-24-000057
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

LCI Industries Q1 net income $37M ($1.44 EPS), up from $7M; EBITDA nearly doubled to $90M
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- Net sales $968M (-1% YoY); net income $36.5M ($1.44 diluted EPS) vs $7.3M ($0.29) in Q1 2023.
- EBITDA of $90.3M vs $52.5M; Aftermarket segment margin 11.8% (up from 9.7%).
- Inventory reduced $34M in quarter, down $175M YoY; dividend of $1.05/share paid.
- Acquired furniture business of Camping World subsidiary in May 2024; new business commitments ~$200M for 2024.
- April net sales $378M (+12% YoY) driven by 17% increase in North American RV production.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/763744/000076374424000057/0000763744-24-000057-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/763744/000076374424000057/lcii-20240508.htm
  HTML page:      https://secwatch.observer/filing/0000763744-24-000057

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer