LCI Industries Q2 sales fall 13% to $969 million; profit rises, revenue outlook cut
LCI Industries reported second quarter 2026 net sales down 13% to $969 million, mainly on lower North American RV wholesale shipments, while net income rose 16% to $67 million and diluted EPS rose 20% to $2.75. The company cut its 2026 revenue outlook to $3.9 billion to $4.1 billion and lowered its North American RV wholesale shipment forecast, which weighs on shareholders even as profit improved.
Key points
- Net sales fell to $968.7 million from $1,107.3 million; adjusted net sales, which exclude an $88.8 million IEEPA tariff refund reduction, fell 4.5% to $1,057.5 million
- Net income rose to $67.1 million, or $2.75 per diluted share, versus $2.29 a year earlier; adjusted diluted EPS was $2.70 versus $2.39
- 2026 outlook: revenue cut to $3.9 billion to $4.1 billion; North American RV wholesale shipments lowered to 280,000 to 300,000 from 315,000 to 330,000; operating margin of 7.5% to 8.0% reaffirmed
- July 2026 net sales expected at about $315 million, down 4% from prior year; company is also pursuing an all-stock merger with Patrick Industries
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 6:56 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 05, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.