LCI Industries (LCII) Tops Q1 EPS by 6c, Revenues Beat
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LCI Industries Reports First Quarter Results
May 7, 2019 7:00 AM EDTFirst Quarter 2019 Highlights
Net sales of $592.2 million in the first quarter, a decrease of 9% year-over-year Net income of $34.4 million or $1.38 per diluted share in the first quarter Operating profit margin improved 260 bps from the fourth quarter of 2018 to 8.1% Content per travel trailer and fifth-wheel increased $187 year-over-year, or 6%, to $3,504 for the twelve months ended March 31, 2019 Content per motorhome increased $172 year-over-year, or 7%, to $2,500 for the twelve months ended March 31, 2019 Adjacent Industries OEM sales grew to $169.9 million for the quarter, up 19% year-over-year... More