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Jun 30, 2024
LCI Q2 2024 Earnings Report
LCI Industries reported revenue growth and margin expansion in the second quarter of 2024.
Key Takeaways
LCI Industries reported a 4% year-over-year increase in net sales, reaching $1.1 billion in Q2 2024. Net income rose to $61 million, or $2.40 per diluted share, up from $33 million, or $1.31 per diluted share in Q2 2023. The company experienced an increase in North American RV wholesale shipments of travel trailers and fifth-wheels and market share gains in the automotive aftermarket.
Net sales increased by 4% year-over-year to $1.1 billion.
Net income increased to $61 million, or $2.40 per diluted share.
EBITDA increased by 39% year-over-year to $123 million.
Operating profit margin increased to 8.6%.
Revenue by Segment
Forward Guidance
Heading further into the year, the company will keep executing its strategy and drive sustained value creation for its stakeholders.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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