secwatch.observer — SEC 8-K summary
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Issuer:     LCI INDUSTRIES (LCII)
CIK:        0000763744
Form:       8-K
Filed at:   2025-05-06T23:59:59+00:00
Accession:  0000763744-25-000065
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

LCI Industries Q1 2025 revenue $1.05B, net income $49.4M (+35%); acquires Trans/Air and Freedman Seating
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- Net sales $1,046M, up 8% YoY; net income $49.4M ($1.94 diluted EPS) vs $36.5M ($1.44) prior year.
- Adjusted net income $55.6M ($2.19/diluted), up 52% YoY; Adjusted EBITDA $110.9M (10.6% margin), up 23%.
- Acquired Trans/Air (climate control, ~$75M annual revenue) and Freedman Seating (~$125M), deepening bus-market presence.
- Refinanced: issued $460M 3% convertible notes due 2030; new $400M term loan due 2032, $600M revolver due 2030.
- Returned $57.6M to shareholders: $28.3M in share repurchases, $29.4M in dividends ($1.15/share).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/763744/000076374425000065/0000763744-25-000065-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/763744/000076374425000065/lcii-20250506.htm
  HTML page:      https://secwatch.observer/filing/0000763744-25-000065

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