- LCI Industries LCII reported second-quarter FY22 gross sales development of 40% year-on-year to $1.54 billion, beating the consensus of $1.45 billion.
- Income development was primarily pushed by value realization, market share beneficial properties, acquisitions, and elevated wholesale shipments.
- North American RV OEM gross sales grew 58% Y/Y to $864.3 million, pushed by wholesale shipments and market share beneficial properties.
- North American adjoining industries OEM gross sales elevated 39% Y/Y to $323.7 million.
- Gross revenue rose 58.8% Y/Y to $409.1 million. Working revenue for the quarter rose 132.7% to $218.8 million.
- The corporate held $55 million in money and equivalents as of June 30, 2022. Internet money flows supplied by working actions for the six months totaled $347.9 million.
- EBITDA elevated 108% Y/Y to $250.7 million.
- EPS of $6.06 beat the consensus of $5.17.
- July 2021 web gross sales elevated 5% to $368.4 million.
- Value Motion: LCII shares are buying and selling decrease by 1.84% at $125.94 on the final test Tuesday.
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