LCI Industries Reports 2018 Third Quarter Results And Announces $150 Million Stock Repurchase Program

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Go back to LCI Industries Reports 2018 Third Quarter Results And Announces $150 Million Stock Repurchase Program

LCI Industries (LCII) Reports In-Line Q3 EPS, Revenues Miss; Authorizes $150M Share Buyback

November 1, 2018 7:37 AM EDT

LCI Industries (NYSE: LCII) reported Q3 EPS of $1.33, in-line with the analyst estimate of $1.33. Revenue for the quarter came in at $604.24 million versus the consensus estimate of $607.8 million.

"We achieved nine percent sales growth in the third quarter, despite a 12 percent decline in RV wholesale shipments compared to the same quarter of the prior year," said LCI\'s CEO, Jason Lippert. "Our continued... More