Board Change • May 20
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 2 highly experienced directors. Independent Director Ernest Marshall was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annonce • Apr 23
LSI Industries Inc. Declares A Regular Quarterly Cash Dividend for the Third Quarter Ended March 31, 2026, Payable May 12, 2026 LSI Industries Inc. Board of Directors declared a regular quarterly cash dividend of $0.05 per share in connection with the third quarter ended March 31, 2026, payable May 12, 2026, to shareholders of record on May 4, 2026. The indicated annual cash dividend rate is $0.20 per share. Annonce • Apr 10
LSI Industries Inc. to Report Q3, 2026 Results on Apr 23, 2026 LSI Industries Inc. announced that they will report Q3, 2026 results Pre-Market on Apr 23, 2026 Annonce • Mar 25
LSI Industries Inc. (NasdaqGS:LYTS) completed the acquisition of SRR Holdings, Inc. from Industrial Opportunity Partners, LLC. LSI Industries Inc. (NasdaqGS:LYTS) entered into a definitive agreement to acquire SRR Holdings, Inc. from Industrial Opportunity Partners, LLC for approximately $330 million on February 20, 2026. Under the terms of the transaction, LSI will pay $320 million in cash and issue 226,552 shares with aggregate value of $5 million to SRR. Upon closing of the transaction, SRR will become part of LSI's Display Solutions segment on a reporting basis. The transaction was funded through proceeds from a public offering of LSI Industries and a credit facility with PNC Capital Markets LLC and PNC Bank, National Association, which will be amended to increase the amount available under the Credit Facility to $425 million.
For the period ending September 30, 2025, SRR Holdings, Inc. reported a revenue of approximately $272 million and approximately $38 million in adjusted EBITDA. SRR Holdings, Inc. has more than 900 employees. The transaction is subject to approval of merger agreement by target board, approval by regulatory board / committee, approval of offer by acquirer board, and Hart-Scott-Rodino clearance. The deal has been unanimously approved by the board. The transaction is expected to close in the third quarter of LSI’s 2026 fiscal year.
F. Mark Reuter, Allison A. Westfall, and W. Matthew Weigel of Keating, Muething & Klekamp, PLL acted as legal advisor for LSI Industries Inc. Gregory J. Bynan and David J. Bauer of Winston & Strawn LLP acted as legal advisor for Industrial Opportunity Partners, LLC. Grant Thornton LLP acted as accountant for SRR Holdings, Inc.
LSI Industries Inc. (NasdaqGS:LYTS) completed the acquisition of SRR Holdings, Inc. from Industrial Opportunity Partners, LLC on March 24, 2026. Annonce • Feb 27
LSI Industries Inc. has completed a Follow-on Equity Offering in the amount of $90.85 million. LSI Industries Inc. has completed a Follow-on Equity Offering in the amount of $90.85 million.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 4,600,000
Price\Range: $19.75
Discount Per Security: $1.185 Annonce • Jan 22
LSI Industries Inc. Declares Quarterly Cash Dividend, payable on February 10, 2026 LSI Industries Inc. declared a regular cash dividend of $0.05 per share payable on February 10, 2026, to shareholders of record on February 2, 2026. Annonce • Jan 09
LSI Industries Inc. to Report Q2, 2026 Results on Jan 22, 2026 LSI Industries Inc. announced that they will report Q2, 2026 results Pre-Market on Jan 22, 2026 Annonce • Nov 06
LSI Industries Inc. Declares Cash Dividend for the First Quarter of the Fiscal Year 2026, Payable on November 25, 2025 LSI Industries Inc.'s board of directors declared a regular quarterly cash dividend of $0.05 per share in connection with the first quarter of fiscal 2026, payable November 25, 2025, to shareholders of record as of the close of business on November 17, 2025. Annonce • Oct 17
LSI Industries Inc. to Report Q1, 2026 Results on Nov 06, 2025 LSI Industries Inc. announced that they will report Q1, 2026 results Pre-Market on Nov 06, 2025 Annonce • Sep 22
LSI Industries Inc., Annual General Meeting, Nov 04, 2025 LSI Industries Inc., Annual General Meeting, Nov 04, 2025. Annonce • Aug 21
LSI Industries Inc. Declares Quarterly Cash Dividend, Payable on September 10, 2025 LSI Industries Inc. declared a regular cash dividend of $0.05 per share payable on September 10, 2025, to shareholders of record on September 2, 2025. Annonce • Jul 31
LSI Industries Inc. to Report Q4, 2025 Results on Aug 21, 2025 LSI Industries Inc. announced that they will report Q4, 2025 results Pre-Market on Aug 21, 2025 Annonce • Apr 24
LSI Industries Inc. Declares Quarterly Cash Dividend, Payable on May 13, 2025 LSI Industries Inc. declared a regular cash dividend of $0.05 per share payable on May 13, 2025, to shareholders of record on May 5, 2025. Annonce • Apr 10
LSI Industries Inc. to Report Q3, 2025 Results on Apr 24, 2025 LSI Industries Inc. announced that they will report Q3, 2025 results Pre-Market on Apr 24, 2025 Annonce • Mar 12
LSI Industries Inc. (NasdaqGS:LYTS) acquired Canada's Best Store Fixtures Inc for $31 million. LSI Industries Inc. (NasdaqGS:LYTS) acquired Canada's Best Store Fixtures Inc for $31 million on March 11, 2025. The consideration includes all-cash purchase price of $24 million, with a $7 million performance-based earnout potential. CBH represents an important bolt-on acquisition. LSI funded the acquisition of CBH utilizing cash and availability under its $100 million credit facility. As part of the transaction, the Company will welcome CBH’s 120 employees to LSI, while retaining CBH’s experienced leadership team, including President and CEO Bud Morris, together with each of its four facilities. CBH will remain an independent brand, given its established commercial presence in the market. CBH will become part of LSI’s display solutions segment on a reporting basis beginning in the fiscal third quarter of 2025. The transaction is expected to be immediately accretive on a margin rate and earnings per share basis.
LSI Industries Inc. (NasdaqGS:LYTS) completed the acquisition of Canada's Best Store Fixtures Inc on March 11, 2025. Annonce • Jan 23
LSI Industries Inc. Declares Regular Cash Dividend for the Second Quarter of Fiscal 2025, Payable February 11, 2025 LSI Industries Inc. Board of Directors declared a regular quarterly cash dividend of $0.05 per share in connection with the second quarter of fiscal 2025, payable February 11, 2025, to shareholders of record as of the close of business on February 3, 2025. Annonce • Jan 09
LSI Industries Inc. to Report Q2, 2025 Results on Jan 23, 2025 LSI Industries Inc. announced that they will report Q2, 2025 results Pre-Market on Jan 23, 2025 Declared Dividend • Nov 11
First quarter dividend of US$0.05 announced Shareholders will receive a dividend of US$0.05. Ex-date: 18th November 2024 Payment date: 26th November 2024 Dividend yield will be 1.0%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is well covered by both earnings (25% earnings payout ratio) and cash flows (14% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 56% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Nov 09
First quarter 2025 earnings released: EPS: US$0.23 (vs US$0.28 in 1Q 2024) First quarter 2025 results: EPS: US$0.23 (down from US$0.28 in 1Q 2024). Revenue: US$138.1m (up 12% from 1Q 2024). Net income: US$6.68m (down 17% from 1Q 2024). Profit margin: 4.8% (down from 6.5% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has increased by 32% per year whereas the company’s share price has increased by 36% per year. Annonce • Nov 08
LSI Industries Inc. Declares Quarterly Cash Dividend, Payable on November 26, 2024 LSI Industries Inc. declared a regular quarterly cash dividend of $0.05 per share in connection with the first quarter of fiscal 2025, payable November 26, 2024, to shareholders of record as of the close of business on November 18, 2024. Annonce • Oct 25
LSI Industries Inc. to Report Q1, 2025 Results on Nov 07, 2024 LSI Industries Inc. announced that they will report Q1, 2025 results Pre-Market on Nov 07, 2024 Annonce • Sep 17
LSI Industries Inc., Annual General Meeting, Nov 05, 2024 LSI Industries Inc., Annual General Meeting, Nov 05, 2024. New Risk • Sep 15
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.9% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Shareholders have been diluted in the past year (2.9% increase in shares outstanding). Significant insider selling over the past 3 months (€1.3m sold). Recent Insider Transactions • Aug 22
CEO, President & Director recently sold €830k worth of stock On the 20th of August, James Clark sold around 64k shares on-market at roughly €12.98 per share. This transaction amounted to 21% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was James' only on-market trade for the last 12 months. Upcoming Dividend • Aug 21
Upcoming dividend of US$0.05 per share Eligible shareholders must have bought the stock before 26 August 2024. Payment date: 03 September 2024. Trailing yield: 1.4%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (1.8%). Declared Dividend • Aug 19
Fourth quarter dividend of US$0.05 announced Shareholders will receive a dividend of US$0.05. Ex-date: 26th August 2024 Payment date: 3rd September 2024 Dividend yield will be 1.4%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is well covered by both earnings (23% earnings payout ratio) and cash flows (13% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 44% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Aug 16
Full year 2024 earnings released: EPS: US$0.86 (vs US$0.92 in FY 2023) Full year 2024 results: EPS: US$0.86 (down from US$0.92 in FY 2023). Revenue: US$469.6m (down 5.5% from FY 2023). Net income: US$25.0m (down 3.0% from FY 2023). Profit margin: 5.3% (up from 5.2% in FY 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth. Annonce • Aug 15
LSI Industries Inc. Declares Quarterly Cash Dividend, Payable on September 3, 2024 LSI Industries Inc. declared a regular cash dividend of $0.05 per share payable on September 3, 2024, to shareholders of record on August 26, 2024. Annonce • Aug 02
LSI Industries Inc. to Report Q4, 2024 Results on Aug 15, 2024 LSI Industries Inc. announced that they will report Q4, 2024 results Pre-Market on Aug 15, 2024 Valuation Update With 7 Day Price Move • Jul 17
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €14.70, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 20x in the Electrical industry in Germany. Total returns to shareholders of 152% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €22.37 per share. Declared Dividend • Apr 29
Third quarter dividend of US$0.05 announced Shareholders will receive a dividend of US$0.05. Ex-date: 3rd May 2024 Payment date: 14th May 2024 Dividend yield will be 1.4%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is well covered by both earnings (21% earnings payout ratio) and cash flows (13% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 41% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Annonce • Apr 26
LSI Industries Inc. Declares Regular Quarterly Cash Dividend, Payable on May 14, 2024 LSI Industries Inc. announced that Board of Directors declared a regular quarterly cash dividend of $0.05 per share in connection with the third quarter of fiscal 2024, payable May 14, 2024, to shareholders of record as of the close of business on May 6, 2024. Reported Earnings • Apr 25
Third quarter 2024 earnings released: EPS: US$0.18 (vs US$0.17 in 3Q 2023) Third quarter 2024 results: EPS: US$0.18 (up from US$0.17 in 3Q 2023). Revenue: US$108.2m (down 7.9% from 3Q 2023). Net income: US$5.38m (up 15% from 3Q 2023). Profit margin: 5.0% (up from 4.0% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth. Annonce • Apr 19
LSI Industries Inc. (NasdaqGS:LYTS) acquired EMI Industries, LLC for $50 million. LSI Industries Inc. (NasdaqGS:LYTS) acquired EMI Industries, LLC for $50 million on April 18, 2024. As part of the transaction, In the full year calendar 2023, EMI reported total revenue and adjusted EBITDA of approximately $87.0 million and $5.5 million, respectively. The Company will welcome EMI’s more than 300 employees to LSI, while retaining EMI’s experienced leadership team, including President and CEO Alan Harvill, together with each of its five facilities. Following the closing of the transaction, EMI will remain an independent brand, given its established commercial presence in the market. LSI anticipates EMI will become part of LSI’s display solutions segment on a reporting basis moving forward.LSI Industries Inc. (NasdaqGS:LYTS) completed the acquisition of EMI Industries, LLC on April 18, 2024. Annonce • Apr 11
LSI Industries Inc. to Report Q3, 2024 Results on Apr 25, 2024 LSI Industries Inc. announced that they will report Q3, 2024 results Pre-Market on Apr 25, 2024 Declared Dividend • Jan 29
Second quarter dividend of US$0.05 announced Shareholders will receive a dividend of US$0.05. Ex-date: 2nd February 2024 Payment date: 13th February 2024 Dividend yield will be 1.4%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is well covered by both earnings (21% earnings payout ratio) and cash flows (13% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 38% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Jan 25
Second quarter 2024 earnings released: EPS: US$0.20 (vs US$0.23 in 2Q 2023) Second quarter 2024 results: EPS: US$0.20 (down from US$0.23 in 2Q 2023). Revenue: US$109.0m (down 15% from 2Q 2023). Net income: US$5.91m (down 8.0% from 2Q 2023). Profit margin: 5.4% (up from 5.0% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Annonce • Jan 25
Lsi Industries Inc. Declares Regular Cash Dividend, Payable on February 13, 2024 LSI Industries Inc. declared a regular cash dividend of $0.05 per share payable on February 13, 2024, to shareholders of record on February 5, 2024. Annonce • Jan 11
LSI Industries Inc. to Report Q2, 2024 Results on Jan 25, 2024 LSI Industries Inc. announced that they will report Q2, 2024 results Pre-Market on Jan 25, 2024 Board Change • Nov 30
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 2 highly experienced directors. Independent Director Ernest Marshall was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 02
First quarter 2024 earnings released: EPS: US$0.28 (vs US$0.23 in 1Q 2023) First quarter 2024 results: EPS: US$0.28 (up from US$0.23 in 1Q 2023). Revenue: US$123.4m (down 2.9% from 1Q 2023). Net income: US$8.03m (up 28% from 1Q 2023). Profit margin: 6.5% (up from 4.9% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth. Annonce • Nov 02
LSI Industries Inc. Declares Quarterly Cash Dividend, Payable on November 21, 2023 LSI Industries Inc. declared a regular cash dividend of $0.05 per share payable on November 21, 2023, to shareholders of record on November 13, 2023. Annonce • Oct 20
LSI Industries Inc. to Report Q1, 2024 Results on Nov 02, 2023 LSI Industries Inc. announced that they will report Q1, 2024 results Pre-Market on Nov 02, 2023 Annonce • Sep 15
LSI Industries Inc., Annual General Meeting, Nov 01, 2023 LSI Industries Inc., Annual General Meeting, Nov 01, 2023, at 09:00 US Eastern Standard Time. Agenda: To elect as members of the Board of Directors the seven nominees named in the Proxy Statement; to ratify the appointment of Grant Thornton LLP as the Company’s independent registered public accounting firm for fiscal 2024; and to approve on an advisory basis the compensation of the Company’s named executive officers. Recent Insider Transactions • Sep 03
Executive VP & CFO recently sold €104k worth of stock On the 29th of August, James Galeese sold around 7k shares on-market at roughly €14.50 per share. This transaction amounted to 6.0% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €227k. James has been a net seller over the last 12 months, reducing personal holdings by €150k. Recent Insider Transactions • Aug 25
CEO, President & Director recently sold €227k worth of stock On the 22nd of August, James Clark sold around 15k shares on-market at roughly €14.71 per share. This transaction amounted to 17% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was James' only on-market trade for the last 12 months. Annonce • Aug 18
LSI Industries Inc. Declares Quarterly Cash Dividend for the Fourth Quarter Ended June 30, 2023, Payable on September 5, 2023 LSI Industries Inc. declared a regular cash dividend of $0.05 per share for the fourth quarter ended June 30, 2023, payable on September 5, 2023, to shareholders of record on August 28, 2023. Reported Earnings • Aug 18
Full year 2023 earnings released: EPS: US$0.92 (vs US$0.55 in FY 2022) Full year 2023 results: EPS: US$0.92 (up from US$0.55 in FY 2022). Revenue: US$497.0m (up 9.2% from FY 2022). Net income: US$25.8m (up 71% from FY 2022). Profit margin: 5.2% (up from 3.3% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 33% per year, which means it is significantly lagging earnings growth. New Risk • Aug 18
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.9% average weekly change). Shareholders have been diluted in the past year (3.1% increase in shares outstanding). Valuation Update With 7 Day Price Move • Aug 17
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to €13.60, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 16x in the Electrical industry in Europe. Total returns to shareholders of 158% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €19.51 per share. Annonce • Aug 11
LSI Industries Inc. to Report Q4, 2023 Results on Aug 17, 2023 LSI Industries Inc. announced that they will report Q4, 2023 results Pre-Market on Aug 17, 2023 Board Change • Jul 02
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 2 highly experienced directors. Director Ernest Marshall was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 28
Third quarter 2023 earnings released: EPS: US$0.17 (vs US$0.13 in 3Q 2022) Third quarter 2023 results: EPS: US$0.17 (up from US$0.13 in 3Q 2022). Revenue: US$117.5m (up 6.7% from 3Q 2022). Net income: US$4.67m (up 29% from 3Q 2022). Profit margin: 4.0% (up from 3.3% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jan 29
Second quarter 2023 earnings released: EPS: US$0.23 (vs US$0.11 in 2Q 2022) Second quarter 2023 results: EPS: US$0.23 (up from US$0.11 in 2Q 2022). Revenue: US$128.8m (up 16% from 2Q 2022). Net income: US$6.42m (up 107% from 2Q 2022). Profit margin: 5.0% (up from 2.8% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 9.0% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth. Annonce • Jan 27
LSI Industries Inc. Declares Regular Cash Dividend, Payable on February 14, 2023 LSI Industries Inc. declared a regular cash dividend of $0.05 per share payable on February 14, 2023, to shareholders of record on February 6, 2023. Annonce • Jan 13
LSI Industries Inc. to Report Q2, 2023 Results on Jan 26, 2023 LSI Industries Inc. announced that they will report Q2, 2023 results Pre-Market on Jan 26, 2023 Reported Earnings • Nov 03
First quarter 2023 earnings released: EPS: US$0.23 (vs US$0.12 in 1Q 2022) First quarter 2023 results: EPS: US$0.23 (up from US$0.12 in 1Q 2022). Revenue: US$127.1m (up 19% from 1Q 2022). Net income: US$6.26m (up 100% from 1Q 2022). Profit margin: 4.9% (up from 2.9% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electrical industry in Germany. Annonce • Nov 03
Lsi Industries Inc. Declares Regular Cash Dividend, Payable on November 22, 2022 LSI Industries Inc. declared a regular cash dividend of $0.05 per share payable on November 22, 2022, to shareholders of record on November 14, 2022. Annonce • Oct 20
LSI Industries Inc. to Report Q1, 2023 Results on Nov 02, 2022 LSI Industries Inc. announced that they will report Q1, 2023 results at 9:30 AM, US Eastern Standard Time on Nov 02, 2022 Annonce • Sep 15
LSI Industries Inc., Annual General Meeting, Nov 01, 2022 LSI Industries Inc., Annual General Meeting, Nov 01, 2022, at 09:00 Eastern Daylight. Agenda: To elect members of the Board of Directors; to ratify the appointment of Grant Thornton LLP as the Company’s independent registered public accounting firm for fiscal 2023; to approve on an advisory basis the compensation of the Company’s named executive officers; to amend the Company’s Articles of Incorporation to increase the number of authorized shares of the Company’s common stock by 10 million; and to approve the Company’s Amended and Restated 2019 Omnibus Award Plan to increase the number of shares authorized for issuance thereunder by 2,350,000 and remove the Plan’s fungible share counting feature. Reported Earnings • Aug 21
Full year 2022 earnings released: EPS: US$0.55 (vs US$0.22 in FY 2021) Full year 2022 results: EPS: US$0.55 (up from US$0.22 in FY 2021). Revenue: US$455.1m (up 44% from FY 2021). Net income: US$15.0m (up 156% from FY 2021). Profit margin: 3.3% (up from 1.9% in FY 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 4.3%, compared to a 17% growth forecast for the Electrical industry in Germany. Valuation Update With 7 Day Price Move • Aug 20
Investor sentiment improved over the past week After last week's 18% share price gain to €7.30, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 31x in the Electrical industry in Germany. Annonce • Aug 20
LSI Industries Inc. Announces Board of Directors Election LSI Industries Inc. announced that, effective August 17, 2022, Ernest W. Marshall has been elected to LSI’s Board of Directors. Mr. Marshall is Executive Vice President and Chief Human Resources Officer for Eaton, a global power management company. In his role at Eaton, Ernest is responsible for the company’s human resources function, which includes leadership and organizational development, compensation and benefits, inclusion and diversity, and talent acquisition. Prior to joining Eaton, in July of 2018, Ernest served as Vice President, Human Resources Leader for GE Aviation, with global HR responsibility for more than 45,000 employees. Ernest holds a law degree from Indiana University Bloomington School of Law, an MBA from Indiana University, and a Bachelor of Arts in accounting and business administration from Bellarmine University. He currently serves on the boards of trustees for Republic Bank and Trust, the Rock & Roll Hall of Fame, Bellarmine University, and the Kindway Organization. Annonce • Aug 19
LSI Industries Inc. Declares Regular Cash Dividend for the Fourth Quarter of Fiscal 2022, Payable September 7, 2022 The board of directors of LSI Industries Inc. declared a regular cash dividend of $0.05 per share for the fourth quarter of fiscal 2022, payable September 7, 2022, to shareholders of record as of the close of business on August 30, 2022. Annonce • Aug 05
LSI Industries Inc. to Report Q4, 2022 Results on Aug 18, 2022 LSI Industries Inc. announced that they will report Q4, 2022 results Pre-Market on Aug 18, 2022 Annonce • May 28
LSI Industries Inc. Announces Executive Changes On May 26, 2022, LSI Industries Inc. announced that Michael C. Beck has notified LSI of his intent to retire from the position of Senior Vice President of Operations effective as of July 1, 2022. Thereafter, Mr. Beck will serve in an active advisory role through December 31, 2022, to assist with the transition of his responsibilities. Mr. Beck has been LSI’s Senior Vice President of Operations since February 2019. At this time, LSI does not intend to appoint a new Senior Vice President of Operations and the duties of the Senior Vice President of Operations will be assigned amongst various members of the company’s management team. Valuation Update With 7 Day Price Move • May 05
Investor sentiment improved over the past week After last week's 28% share price gain to €7.05, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 25x in the Electrical industry in Germany. Total returns to shareholders of 12% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €3.03 per share. Reported Earnings • Apr 29
Third quarter 2022 earnings released: EPS: US$0.13 (vs US$0.055 in 3Q 2021) Third quarter 2022 results: EPS: US$0.13 (up from US$0.055 in 3Q 2021). Revenue: US$110.1m (up 53% from 3Q 2021). Net income: US$3.62m (up 146% from 3Q 2021). Profit margin: 3.3% (up from 2.0% in 3Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 1.5%, compared to a 12% growth forecast for the industry in Germany. Annonce • Apr 14
LSI Industries Inc. to Report Q3, 2022 Results on Apr 28, 2022 LSI Industries Inc. announced that they will report Q3, 2022 results Pre-Market on Apr 28, 2022 Reported Earnings • Jan 29
Second quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat Second quarter 2022 results: EPS: US$0.11 (up from US$0.083 in 2Q 2021). Revenue: US$111.1m (up 46% from 2Q 2021). Net income: US$3.11m (up 41% from 2Q 2021). Profit margin: 2.8% (down from 2.9% in 2Q 2021). Revenue exceeded analyst estimates by 15%. Over the next year, revenue is forecast to grow 3.8%, compared to a 14% growth forecast for the industry in Germany. Annonce • Jan 28
Lsi Industries Inc. Declares Second Quarter Quarterly Cash Dividend, Payable on February 15, 2022 LSI Industries Inc. announced that the Board of Directors declared a regular quarterly cash dividend of $0.05 per share in connection with thesecond quarter of fiscal 2022, payable February 15, 2022 to shareholders of record as of the close of businesson February 7, 2022. Board Change • Aug 24
High number of new directors Director Chantel Lenard was the last director to join the board, commencing their role in 2020. Reported Earnings • Aug 24
Full year 2021 earnings released: EPS US$0.22 (vs US$0.36 in FY 2020) The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2021 results: Revenue: US$315.6m (up 3.3% from FY 2020). Net income: US$5.87m (down 39% from FY 2020). Profit margin: 1.9% (down from 3.1% in FY 2020). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • May 28
Investor sentiment improved over the past week After last week's 15% share price gain to US$7.55, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 21x in the Electrical industry in Germany. Total returns to shareholders of 35% over the past three years. Annonce • May 26
LSI Industries Inc. (NasdaqGS:LYTS) acquired JSI Store Fixtures Inc. from group of shareholders for $90 million. LSI Industries Inc. (NasdaqGS:LYTS) entered into an agreement to acquire JSI Store Fixtures Inc. from group of shareholders for $90 million on May 21, 2021. Pursuant to the Purchase Agreement, LSI Industries acquired all of the outstanding shares of capital stock of JSI for an aggregate purchase price of $90 million in cash, subject to a working capital adjustment, and JSI became a direct wholly owned subsidiary of LSI Industries. LSI funded the all-cash acquisition of JSI utilizing its existing cash balance and availability under its $100 million credit facility. In the full year calendar 2020, JSI Store Fixtures reported total revenue and Adjusted EBITDA of approximately $70 million and $10 million, respectively. As part of the transaction, LSI will welcome JSI’s more than 300 employees to LSI, while retaining JSI’s experienced leadership, including founder and Chief Executive Officer Terry Awalt, together with each of its four facilities. Following the close of the transaction, JSI will remain an independent brand, given its established presence in the market. LSI anticipates JSI will become part of LSI’s graphics segment on a reporting basis, moving forward. The transaction is subject to board approval of LSI Industries and JSI Store Fixtures, resignation of JSI Store Fixtures' directors and the execution of escrow and employment agreements. Upon closing, the transaction will be immediately accretive to LSI on an adjusted earnings per share basis. Richard Kohlberger of Finn Dixon & Herling LLP acted as legal advisor to RFE Investment Partners and other sellers. Keating Muething & Klekamp PLL acted as legal advisor to LSI Industries while Canaccord Genuity acted as financial advisor.
LSI Industries Inc. (NasdaqGS:LYTS) completed the acquisition of JSI Store Fixtures Inc. from group of shareholders on May 21, 2021. Recent Insider Transactions • May 08
Insider recently bought €757k worth of stock On the 6th of May, Richard Fearon bought around 112k shares on-market at roughly €6.76 per share. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Reported Earnings • Apr 26
Third quarter 2021 earnings released: EPS US$0.055 (vs US$0.071 in 3Q 2020) The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: US$72.2m (up 1.7% from 3Q 2020). Net income: US$1.47m (down 21% from 3Q 2020). Profit margin: 2.0% (down from 2.6% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Is New 90 Day High Low • Mar 11
New 90-day high: €8.50 The company is up 28% from its price of €6.65 on 11 December 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electrical industry, which is up 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €16.90 per share. Reported Earnings • Jan 31
Second quarter 2021 earnings released: EPS US$0.083 (vs US$0.066 in 2Q 2020) The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: US$76.4m (down 7.3% from 2Q 2020). Net income: US$2.21m (up 27% from 2Q 2020). Profit margin: 2.9% (up from 2.1% in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Analyst Estimate Surprise Post Earnings • Jan 31
Revenue beats expectations Revenue exceeded analyst estimates by 1.5%. Over the next year, revenue is forecast to grow 12%, compared to a 16% growth forecast for the Electrical industry in Germany. Annonce • Jan 26
LSI Industries Inc. Awarded, and Completes, Multimillion-Dollar Exxonmobil Contactless Payment, Near Field Communication Project LSI Industries Inc. said that it has substantially completed a multimillion-dollar “Pay at the Pump” contactless payment project for ExxonMobil, a long-standing customer of LSI. Awarded in 2020, the highly-complex, multi-location project involved the on-site analysis of more than 11,500 ExxonMobil stations throughout North America and the production and installation of a series of labels and QR coded graphics with embedded Near Field Communication (NFC) capabilities allowing the use of Apple Pay and Google Pay at the pump along with support for the ExxonMobil Rewards+ app. Is New 90 Day High Low • Jan 23
New 90-day high: €7.80 The company is up 28% from its price of €6.10 on 23 October 2020. The German market is up 12% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Electrical industry, which is up 45% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €13.87 per share. Reported Earnings • Jan 22
Second quarter 2021 earnings released: EPS US$0.083 The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: US$76.4m (down 7.3% from 2Q 2020). Net income: US$2.21m (up 27% from 2Q 2020). Profit margin: 2.9% (up from 2.1% in 2Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Analyst Estimate Surprise Post Earnings • Jan 22
Revenue beats expectations Revenue exceeded analyst estimates by 1.5%. Over the next year, revenue is forecast to grow 18%, compared to a 15% growth forecast for the Electrical industry in Germany. Annonce • Jan 08
LSI Industries Inc. to Report Q2, 2021 Results on Jan 21, 2021 LSI Industries Inc. announced that they will report Q2, 2021 results Pre-Market on Jan 21, 2021 Is New 90 Day High Low • Dec 22
New 90-day high: €7.30 The company is up 27% from its price of €5.75 on 23 September 2020. The German market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electrical industry, which is up 21% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €32.38 per share. Annonce • Dec 18
LSI Industries Inc. Expands Presence in High-Growth Sports Lighting Market LSI Industries announced that it has become the official lighting partner of USA Pickleball, the national governing body for the sport of pickleball in America. As a leading manufacturer of high-performance lighting solutions for sports and recreation facilities, LSI is well-positioned to serve the rapidly growing pickleball market. Several factors, including population trends and an increasing focus on personal health and wellness, are contributing to the sport’s widespread growth and popularity – creating long-term demand for new pickleball facilities. Collaborating with USA Pickleball will expand LSI’s marketing reach and help the company promote its solution capabilities, including LED lighting fixtures with customized optics, poles, sensors and wireless control systems. In addition, the company has an internal team of specialists with expertise in facilitating multi-site lighting projects from start to finish. When customers require one source to manage all of their pickleball lighting needs, LSI is the company that can assemble, and manage, every resource necessary to complete the project. According to the Sports & Fitness Industry Association, there are more than 3.3. million pickleball players in the United States, making it one of the fastest-growing sports in America. In addition to new construction opportunities, it is estimated that there are approximately 33,000 pickleball courts in the United States – many of which require lighting upgrades. Whether it’s an outdoor club, park, residential court, tournament venue or indoor sporting complex, LSI’s pickleball lighting solutions are engineered to satisfy players, spectators, communities and environmental requirements. Is New 90 Day High Low • Nov 20
New 90-day high: €6.45 The company is up 11% from its price of €5.80 on 21 August 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Electrical industry, which is up 13% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €27.21 per share. Reported Earnings • Nov 07
First quarter 2021 earnings released: EPS US$0.075 The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2021 results: Revenue: US$70.0m (down 21% from 1Q 2020). Net income: US$1.99m (down 56% from 1Q 2020). Profit margin: 2.8% (down from 5.0% in 1Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Analyst Estimate Surprise Post Earnings • Nov 07
Revenue beats expectations Revenue exceeded analyst estimates by 6.9%. Over the next year, revenue is forecast to grow 11%, compared to a 17% growth forecast for the Electrical industry in Germany. Analyst Estimate Surprise Post Earnings • Oct 30
First-quarter earnings released: Revenue beats expectations First-quarter revenue exceeded analyst estimates by 6.9% at US$70.0m. Revenue is forecast to grow 11% over the next year, compared to a 17% growth forecast for the Electrical industry in Germany. Annonce • Oct 15
LSI Industries Inc. to Report Q1, 2021 Results on Oct 29, 2020 LSI Industries Inc. announced that they will report Q1, 2021 results at 9:00 AM, Eastern Standard Time on Oct 29, 2020