Quarterly ResultAug 7, 2026, 09:41 AM
LCI Industries Q2 Adj. EPS $2.70 (+13%); Sales $1.1B (-4%)
AI Summary
LCI Industries reported Q2 2026 adjusted diluted EPS of $2.70, a 13% increase, despite a 4% decline in consolidated net sales to $1.1 billion. The company achieved expanded profitability through disciplined operational efficiencies and cost reductions, with adjusted operating profit up 8% to $99 million. Aftermarket net sales grew 11%, offsetting a 10% decline in OEM sales. LCI also announced nearly $90 million in tariff refunds to customers and maintained its full-year adjusted operating profit margin outlook of 7.5% to 8%, though full-year revenue and RV wholesale shipment guidance were revised downwards. The proposed merger with Patrick Industries continues to progress.
Key Highlights
- Q2 2026 adjusted diluted EPS increased 13% to $2.70.
- Consolidated net sales decreased 4% to $1.1 billion.
- Aftermarket net sales grew 11%, while OEM net sales declined 10%.
- Adjusted operating profit rose 8% to $99 million, with margin expanding 110 bps to 9.3%.
- Content per towable RV unit increased 11% to $5,831.
- Nearly $90 million in tariff refunds will be returned to customers.
- Full-year adjusted revenue guidance revised to $3.9B-$4.1B; EPS to $8.25-$8.75.
- Net debt to adjusted EBITDA ratio improved to 1.5 times.
Price Impact
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