Overview

• LCI Industries Q3 revenue grows 13% yr/yr, beating analyst expectations

• Adjusted EPS for Q3 beats consensus, reflecting successful diversification strategy

• Company announces $215 mln returned to shareholders via dividends and share repurchases

Outlook

• Company projects October 2025 net sales at $380 mln, up 15% from prior year

• LCI Industries expects 2025 operating profit margin to improve by 85 basis points

• Company forecasts 2026 operating profit margin of 7.0% to 8.0%

Result Drivers

• RV OEM GROWTH - Net sales increased 11% in RV OEM segment due to sales price increases, higher content fifth-wheel units, and market share gains in North America

• AFTERMARKET INNOVATION - Aftermarket net sales grew 7% driven by product innovations and increased demand for upgrade and service parts

• MARGIN EXPANSION - Operating profit margin improved due to reduced material costs and increased North American RV sales volume

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy", 6 "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 is $95.00, about 4.8% above its October 29 closing price of $90.42

• The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 13 three months ago

Press Release: ID:nBw2b1LWla

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(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.)