LCI Industries (LCII) Tops Q1 EPS by 62c, Revenues Beat
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LCI Industries Reports Record First Quarter Results
May 4, 2021 7:00 AM EDTContinuing to meet strong industry demand to drive Company-wide growth
First Quarter 2021 Highlights
Net sales of $1.0 billion in the first quarter, an increase of 52% year-over-year Net income increased $45.9 million, or 163%, to $74.1 million, or $2.93 per diluted share, in the first quarter Adjusted EBITDA increased $50.8 million, or 68%, to $125.9 million in the first quarter North American RV OEM sales grew to $526.0 million in the first quarter, up 59% year-over-year, driven by record wholesale and retail demand for the quarter RV industry record 54,300 wholesale shipments in March and record 148,500... More
