Loading...
•
Mar 31, 2021
LCI Q1 2021 Earnings Report
LCI Industries reported record first quarter results driven by strong industry demand and company-wide growth.
Key Takeaways
LCI Industries reported a record first quarter with net sales of $1.0 billion, a 52% increase year-over-year. Net income increased by 163% to $74.1 million, or $2.93 per diluted share. The growth was driven by record RV retail demand and strong Aftermarket sales growth.
Net sales reached $1.0 billion, a 52% increase year-over-year.
Net income increased by 163% to $74.1 million, or $2.93 per diluted share.
Adjusted EBITDA increased by 68% to $125.9 million.
North American RV OEM sales grew by 59% year-over-year, driven by record wholesale and retail demand.
LCI
LCI
LCI Revenue by Segment
Revenue by Segment
Travel Trailers & Fifth-Wheels Revenue
CapyFin.comMotorhomes Revenue
CapyFin.comAdjacent Industries OEMs Revenue
CapyFin.comAftermarket Segment Revenue
CapyFin.com Forward Guidance
Lippert is incredibly well-positioned as we move through 2021 and beyond, with heightened retail demand showing no signs of slowing.
Revenue & Expenses
Visualization of income flow from segment revenue to net income