Highest-materiality recent filing
LSI Industries Q3 sales +14% to $150.5M; adj. EPS $0.28, Royston acquisition closed
Net sales $150.5M (+14% y/y); ex-Royston +9%; net income $2.1M ($0.06 diluted EPS).
LSI Industries completes $325M acquisition of Royston Group; new credit facility funds deal
Acquired Royston for $325M ($320M cash + $5M stock) on March 24, 2026 from Industrial Opportunity Partners.
LSI Industries prices 4.6M share offering at $19.75; net proceeds ~$98.1M for Royston acquisition
Offering of 4,600,000 shares priced at $19.75/share; gross proceeds ~$90M.
LSI Industries acquires Royston Group for $325M to create integrated retail branding platform
Purchase price $325M: $320M cash at close, $5M in LSI common stock valued at Feb 19 close.
LSI Industries Q2 FY2026: sales $147M flat YoY, adj EPS $0.26, FCF $23.3M, dividend $0.05
Net sales $147.0M flat YoY; net income $6.3M ($0.20 diluted EPS); adjusted net income $8.4M ($0.26 adj diluted EPS).
LSI Industries Q1 net sales $157.3M (+14% y/y); adj. EPS $0.31 (+22% y/y)
Net sales $157.3M (+14% y/y); organic growth 7%; Lighting +18%, Display +11%.
LSI Industries Q4 sales +20% to $155.1M; adj EPS $0.34; record full-year revenue $573.4M
Q4 net sales $155.1M (+20% y/y); net income $8.2M ($0.26 diluted EPS); adjusted EPS $0.34.
Net sales of $132.5M, up 22% YoY; GAAP diluted EPS $0.13, adjusted diluted EPS $0.20.
LSI Industries acquires Canada's Best Holdings for $31M in accretive all-cash deal
All-cash purchase price of $24M plus $7M performance earnout; funded via cash and $100M credit facility.
LSI Industries Q2 FY2025 net sales up 36% to $147.7M, adj. EPS $0.26, declares $0.05 dividend
Net sales $147.7M (+36% y/y, organic +14%); adjusted EBITDA $13.3M (9.0% of sales), up >20% y/y.
LSI Q1 FY2025 sales $138.1M (+12%), net income $6.7M; declares $0.05 dividend
Net sales $138.1M, +12% y/y; EMI acquisition contributed $26.2M; organic sales declined.
Q4 net sales $129.0M (+4% YoY); adjusted net income $7.3M ($0.24 diluted EPS).
LSI Q3 net income $5.4M ($0.18 EPS); acquires EMI for $50M
Q3 net sales $108.2M (down YoY); net income $5.4M vs $4.7M prior year; EPS $0.18 vs $0.16.
LSI acquires EMI Industries for $50M all-cash; expands store fixtures and food service
EMI reported 2023 revenue of $87.0M and adjusted EBITDA of $5.5M; purchase price $50M.
Effective May 31, 2024, LSI Industries Inc., an Ohio corporation (“ LSI ”), consolidated the roles of Principal Financial Officer and Principal Accounting Officer under LSI’s Chief Financial Officer, James E. Galeese.
Also effective May 31, 2024, Jeffrey S. Bastian ceased being LSI’s Chief Accounting Officer, and continues his service as LSI’s Vice President of Accounting.
Max materiality 0.85 · Median 0.70 · Most common event earnings