NYSE:LCIIAuto Components
LCI Industries (LCII) Margins Strengthen Even As Revenue Declines
LCI Industries stock barely moved on the day of its earnings, closing only 0.1% higher around US$107. That calm surface sits on a report that sharpened a single message for investors: the real story is margin power in a soft recreational vehicle cycle. Adjusted operating margin reached 9.3% on roughly US$1.1b of adjusted net sales, and adjusted diluted EPS printed at US$2.70. The market treated this like business as usual. The numbers point to a company squeezing more profit from every unit...