LCI Industries reported record fourth-quarter net sales of $1.2 billion, a 55% increase year-over-year. Net income was $82.3 million, or $3.22 per diluted share, up 69% year-over-year. The company's performance was driven by record RV retail demand and strong Aftermarket sales growth.
Record net sales of $1.2 billion in the fourth quarter, up 55% year-over-year
Record net income of $82.3 million, or $3.22 per diluted share, in the fourth quarter, up 69% year-over-year
North American RV OEM net sales grew to $689.4 million in the fourth quarter, up 71% year-over-year, driven by record wholesale and retail demand for the quarter
Net sales from acquisitions in 2020 and 2021 contributed a combined $97 million in the fourth quarter
LCI Industries provided estimates for full year 2022 data.
Visualization of income flow from segment revenue to net income