Overview

* LCI Industries ( LCII ) Q2 net sales rise 5% yr/yr, beating analyst expectations, per LSEG data

* Adjusted net income for Q2 down 2% yr/yr, impacted by executive separation costs

* Company completed Freedman Seating acquisition, adding $125 mln in annual revenue

Outlook

* LCI Industries ( LCII ) targets $5 bln organic revenue by 2027

* Company aims for 85 basis points overhead improvement in 2025

* LCI Industries ( LCII ) focuses on efficiency to sustain profits at lower volumes

* Company expects innovation to drive results through 2025

Result Drivers

* TARIFF MITIGATION - Diversification of supply chain helped minimize tariff impact and support profitability

* MARKET SHARE GAINS - Increased sales driven by market share gains and higher content fifth-wheel units

* ACQUISITIONS - Sales from acquired businesses contributed significantly to revenue growth

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Sales Beat $1.11 $1.07

bln bln (8

Analysts

)

Q2 Net $57.64

Income mln

Q2 Capex $12.74

mln

Q2 Gross $270.02

Profit mln

Q2 $87.80

Operatin mln

g income

Q2 $78.12

Pretax mln

Profit

Analyst Coverage

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy", 5 "hold" and 1 "sell" or "strong sell"

* The average consensus recommendation for the auto, truck & motorcycle parts peer group is "buy."

* Wall Street's median 12-month price target for LCI Industries ( LCII ) is $96.00, about 0.1% above its August 4 closing price of $95.93

* The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 11 three months ago

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)