LCI INDUSTRIES (LCII) LCI Industries, operating globally through its subsidiaries, specializes in producing and delivering a wide array of components for recreational vehicle (RV) manufacturers and various associated industries. The company's operations are divided into two primary divisions: Original Equipment Manufacturers (OEM) and Aftermarket. The Original Equipment Manufacturers (OEM) segment is responsible for the design, production, and distribution of a comprehensive portfolio of engineered components. This extensive range covers structural elements like steel chassis and suspension solutions; functional systems such as slide-out mechanisms, leveling systems, and various doors; interior amenities including thermoformed bath/kitchen products, furniture, and mattresses; and exterior features like windows, awnings, and towing products. The segment also supplies advanced electronics, appliances, climate control units, and entertainment systems. It primarily serves primary manufacturers in the recreational vehicle sector, encompassing various trailer types and campers, alongside a broad spectrum of associated industries. These adjacent clients include makers of buses, diverse cargo and utility trailers, trucks, boats, trains, manufactured homes, and modular housing. Conversely, the Aftermarket segment focuses on distributing a diverse array of components for both RV and related sectors, catering primarily to retail dealerships, wholesale distributors, and service centers. This segment also addresses specific needs, such as providing replacement glass and awnings for insurance-related repairs, and supplying specialized marine accessories including biminis, covers, buoys, and fenders to the nautical industry. Originally established in 1984 as Drew Industries Incorporated, the company rebranded to LCI Industries in December 2016. Its headquarters are situated in Elkhart, Indiana.
Sector: Motor Vehicle Parts & Accessories
Industry: Auto - Recreational Vehicles
LCI Industries NYSE:LCII Consumer Cyclical · Auto - Recreational Vehicles
Mkt Cap $2.06B
Div Yield 5.42%
AH Close $84.87 +0.00% vs close
AH Close $84.87 +0.00% vs close
Mkt Cap $2.06B
Div Yield 5.42%
All Press Release SEC Filings News
Press Release
LCI Industries Third Quarter 2026 Conference Call Scheduled for November 5, 2026, at 8:30 a.m. ET
LCI Industries will release its third quarter 2026 financial results before market open on Thursday, November 5, 2026.
The company will host a conference call and webcast to discuss the results at 8:30 a.m. ET that day, with a replay available for two weeks.
This is a scheduling notice only -- no financial results or guidance are disclosed in this release.
• 3d ago AI analysis › Press Release ⚠ 3
Jobs to Move America Report Finds Low Wages, Safety Issues at Transit Seating Manufacturer
A Jobs to Move America report alleges low wages and workplace hazards at Freedman by Lippert, a Chicago transit seating manufacturer acquired by LCI Industries' subsidiary Lippert Components in April 2025.
Surveyed workers reported a median wage of $19.45 per hour, 13.8% below the Chicago Metro median for comparable production jobs, with 81% reporting workplace hazards such as a leaky roof, excessive heat, and pests.
The report lands while the all-stock LCI Industries-Patrick Industries merger faces extended DOJ antitrust review, adding labor-reputational pressure to a deal already under regulatory scrutiny.
Freedman's public-sector customer base, including Chicago, Los Angeles, and New York transit authorities, heightens the procurement-reputation risk flagged in the report.
• 4d ago AI analysis › SEC Filing ● Critical ⚠ 3
LCII: 425 · acquisition merger
LCI Industries has begun mailing the definitive joint proxy statement/prospectus for its all-stock merger with Patrick Industries, in which each LCI share will be converted into 1.2440 Patrick shares. The S-4 was declared effective October 19, 2026, and both boards have unanimously approved the deal.
Pro forma ownership will be 52% Patrick and 48% LCI shareholders, with closing expected in the first half of 2027 pending shareholder approvals from both companies and required regulatory clearances.
For LCI holders, the deal converts their equity exposure into Patrick stock, so the vote outcome and regulatory approvals are the key near-term catalysts; integration risk and potential deal termination remain the principal downside scenarios.
SEC 425 • 6d ago SEC Filing ⚠ 2
LCII: 8-K · regulatory action
LCI Industries and Patrick Industries each received a Second Request from the DOJ on October 9, 2026 in connection with the DOJ's antitrust review of their pending merger, originally agreed on June 30, 2026.
The Second Request extends the HSR Act waiting period until 30 days after both companies substantially comply, unless earlier terminated or extended by agreement. The parties had withdrawn and refiled their HSR notifications in September 2026, resetting the clock.
Both companies say they intend to continue cooperating with the DOJ, but the extended review adds timeline uncertainty and regulatory risk to deal completion. The merger remains subject to HSR waiting-period expiration plus other closing conditions under the Merger Agreement.
SEC 8-K • 12d ago SEC Filing ⚠ 2
LCII: 425 · acquisition merger
LCI Industries Interim CEO Johnny Sirpilla sent an employee message on September 25, 2026 confirming steady progress on the previously announced merger with Patrick Industries.
The companies have filed a preliminary Form S-4 registration statement with the SEC, a required step in the regulatory review process that will be finalized in the near future.
The next major milestone is a shareholder vote, currently expected toward the end of 2026; until closing, Lippert and Patrick remain separate companies and integration planning has not yet begun.
SEC 425 • 0mo ago Press Release ⚠ 2
Lippert Selects ketteQ as Strategic Partner for Supply Chain Planning
Lippert, the engineered-components subsidiary of LCI Industries (NYSE: LCII), has selected ketteQ as its next-generation supply chain planning platform, moving off an incumbent enterprise system it customized over nine years.
The decision followed structured demonstrations in which ketteQ met every evaluation requirement, with an unscripted live demo of ketteQ's Quintus AI reasoning through an unprepared question cited as reframing the evaluation.
Lippert expects automation of routine, high-volume planning work and believes the shift positions it as an early mover in AI-enabled supply chain planning within its industry.
No financial terms, contract value, or deployment timeline were disclosed, and the release was authored and sourced by the vendor, ketteQ Holdings Inc., making it largely vendor marketing.
• 1mo ago AI analysis › SEC Filing ⚠ 3
LCII: 8-K · acquisition merger
LCI Industries voluntarily withdrew its Hart-Scott-Rodino antitrust notification for the pending merger with Patrick Industries on September 4, 2026, and refiled it with the FTC and DOJ on September 9, 2026, initiating a new HSR waiting period.
The underlying merger agreement was signed June 30, 2026, and both companies filed their initial HSR forms on August 5, 2026. The two-step structure will make LCI a wholly owned subsidiary of Patrick, and expiration or termination of the HSR waiting period is one of the conditions to completing the Mergers.
A withdrawal-and-refile is a common procedural step that gives antitrust regulators additional review time, but it pushes out the deal timeline and can signal closer scrutiny. No deal terms changed in this filing, and the Mergers remain subject to the other closing conditions in the merger agreement.
SEC 8-K • 1mo ago SEC Filing ⚠ 3
LCII: 8-K · acquisition merger
LCI Industries disclosed that on August 5, 2026, it and Patrick Industries each filed their Hart-Scott-Rodino premerger notification and report forms with the FTC and the DOJ Antitrust Division, formally starting the antitrust review of their pending merger.
The underlying merger agreement, signed June 30, 2026, is a two-step transaction in which LCI first merges with a Patrick merger sub and then merges into a second Patrick subsidiary, leaving LCI as a wholly owned subsidiary of Patrick, with Patrick common stock to be issued to LCI shareholders via a forthcoming Form S-4 joint proxy statement/prospectus.
Expiration or termination of the HSR waiting period is one of the closing conditions, and the deal remains subject to stockholder approvals of both companies — the filings are a routine but necessary step that reduces, but does not eliminate, deal-completion risk.
SEC 8-K • 2mo ago SEC Filing ⚠ 7
LCII: 8-K · earnings release
LCI Industries delivered Q2 2026 adjusted net sales of $1.1 billion, down 4% year over year, with OEM sales down 10% against a 20% drop in towable RV wholesale units while Aftermarket sales grew 11%. GAAP net income rose 16% to $67 million, with GAAP diluted EPS of $2.75 and adjusted EPS of $2.70, up 13% from $2.39 a year earlier.
Management cut its full-year RV wholesale shipment outlook to 280,000-300,000 units from 315,000-330,000 and now guides adjusted revenue of $3.9-$4.1 billion with adjusted EPS of $8.25-$8.75, while maintaining the 7.5%-8% adjusted operating margin target on the strength of self-help cost initiatives that contributed 160 basis points of year-over-year margin improvement.
The balance sheet strengthened with cash of $217 million, total liquidity of $812 million, and net debt of $636 million at 1.5x adjusted EBITDA after the May payoff of the 2026 convertible notes; the company also expects to return nearly $90 million of IEEPA tariff refunds directly to customers.
Interim CEO Johnny Sirpilla said it remains business as usual while the proposed merger with Patrick Industries proceeds through customary regulatory review, with the proxy expected later, and highlighted roughly $140 million of annualized new business wins tied to the 2027 model year change.
SEC 8-K • 2mo ago Press Release
LCI Industries Declares Quarterly Cash Dividend
LCI Industries' Board of Directors declared a regular quarterly cash dividend of $1.15 per share.
The dividend is payable on September 4, 2026, to stockholders of record at the close of business on August 21, 2026.
• 2mo ago AI analysis › SEC Filing ⚠ 5
LCII: 425 · acquisition merger
On August 5, 2026, LCI Industries filed a Rule 425 communication containing an excerpted transcript from its second quarter 2026 earnings call, with the excerpt relating to the company's proposed merger with Patrick Industries, Inc.
Interim CEO Johnny A. Sirpilla said that less than two months after announcing the merger, enthusiasm and confidence continue to build, and that the combination is expected to create a broader, more innovative product platform to cost-effectively bring more products within reach of outdoor recreation consumers.
The remainder of the filing is standard merger-communication language: forward-looking statement safe harbor, enumerated transaction risks including synergy realization, integration, stockholder and governmental approvals, and potential termination, plus notice that Patrick will file a Form S-4 containing a joint proxy statement/prospectus to be mailed to both companies' stockholders.
No new financial figures or deal terms were disclosed; the filing signals the merger process remains on track and that normal-course investor communications are continuing alongside the pending transaction.
SEC 425 • 2mo ago SEC Filing ● Critical ⚠ 6
LCII: 10-Q · periodic report
LCI Industries' Q2 2026 10-Q shows net sales of $968.7 million, down 12.5% year-over-year (including an $88.8 million reduction for tariff refunds to be passed through to customers), while net income rose to $67.1 million and diluted EPS climbed to $2.75 from $2.29, aided by a $16.0 million net benefit from IEEPA tariff refunds.
On June 30, 2026, the company entered a merger agreement with Patrick Industries under which each LCII share will be converted into 1.2440 Patrick shares, leaving LCII holders with roughly 48% of the combined company; closing is expected in the first half of 2027, with $94.2 million termination fees on either side.
The filing also discloses a leadership transition: CEO Jason D. Lippert retired and left the board on June 3, 2026, with director John A. Sirpilla named interim CEO and Virginia L. Henkels appointed board chair.
The company received $94.9 million of the $119.3 million in tariff refunds it expects, carries a $24.4 million receivable for the remainder, and accrued an $88.8 million liability owed to customers, with ultimate recovery timing subject to the U.S. government's appeal of the trade-court order.
SEC 10-Q • 2mo ago AI analysis › Press Release ● Major ⚠ 2
LCI Industries Reports Second Quarter Financial Results
LCI Industries delivered Q2 diluted EPS of $2.75, up 20% year-over-year, while operating profit margin expanded 200 basis points to 9.9% despite a 13% decline in net sales to $969 million.
Adjusted net sales decreased only 4% when excluding the impact of IEEPA tariff refunds, and the company maintained a strong liquidity position of $812 million.
The company announced a definitive agreement to merge with Patrick Industries in an all-stock transaction, aiming to form a premier component solutions provider for the outdoor and transportation markets.
• 2mo ago AI analysis › Press Release
LCI Industries Second Quarter 2026 Conference Call Scheduled for August 5, 2026, at 8:30 a.m. ET
LCI Industries announced it will release its second quarter 2026 financial results before the market opens on August 5, 2026.
The company will host a conference call and webcast at 8:30 a.m. ET to discuss the results.
A replay of the call will be available for two weeks, and CFO Lillian D. Etzkorn is listed as the primary contact for investor inquiries.
• 3mo ago AI analysis › SEC Filing ● Major ⚠ 3
LCII: 425 · acquisition merger
LCI Industries announced a planned merger with Patrick Industries, with the transaction expected to close in the first half of 2027. Interim CEO Johnny Sirpilla emphasized that the merger will bring expanded capabilities, broader product solutions, and greater resources to serve customers.
Johnny Sirpilla, appointed as Interim CEO, brings extensive industry experience including 15 years as an executive at Camping World and Good Sam, and has served on the LCI Board for the past seven years. He outlined four leadership principles: curiosity, alignment, accountability, and gratitude.
The company remains focused on business continuity during the transition period, with Ryan Smith and Jamie Schnur continuing as group presidents. Sirpilla committed to open communication as the integration process unfolds, with the goal of creating a new company identity that preserves the cultures and values of both organizations.
SEC 425 • 3mo ago Press Release
LCI Industries Appoints Robert Hureau to Board of Directors
LCI Industries appointed Robert Hureau to its Board of Directors as an additional independent director effective immediately.
Mr. Hureau, currently President and CEO of Alamo Group Inc., will serve on the Audit, Risk, and Compensation committees, bringing extensive financial and operational experience.
Board Chair Ginnie Henkels stated that his broad leadership experience and financial acumen will be a strong addition to the board.
• 3mo ago AI analysis › Press Release
Are TBPH, IRDM, LCII, PATK Obtaining Fair Deals for their Shareholders?
Halper Sadeh LLC announced an investigation into Iridium Communications regarding its proposed sale to Rocket Lab Corporation for $27.00 in cash plus stock.
The law firm is examining whether the company's board breached fiduciary duties or if the deal terms undervalue the shares compared to potential superior offers.
This release is a solicitation encouraging shareholders to contact the firm to discuss their rights and options on a contingency fee basis.
• 3mo ago AI analysis › SEC Filing ● Major ⚠ 5
LCII: 425 · acquisition merger
LCI Industries filed a Rule 425 communication disclosing a proposed merger transaction with Patrick Industries. The two companies intend to file a Form S-4 registration statement with the SEC containing a joint proxy statement that also serves as a prospectus for Patrick shares to be issued in the transaction.
The filing confirms that both LCI and Patrick will seek stockholder approval for the deal, with a definitive Joint Proxy Statement/Prospectus to be mailed to stockholders of both companies. No deal terms, exchange ratios, or financial figures are disclosed in this communication.
The filing enumerates extensive risk factors typical of a large merger, including stockholder approval failure, regulatory approval delays, integration challenges, business disruption, and potential increased regulatory scrutiny of the combined entity.
SEC 425 • 3mo ago SEC Filing ● Major ⚠ 5
LCII: 425 · acquisition merger
LCI Industries (Lippert) and Patrick Industries have announced an agreement to combine in an all-stock merger, forming a premier component solutions provider for the outdoor enthusiast, housing, and transportation markets. The combined company will be headquartered in Elkhart, Indiana, leveraging both companies' deep roots in the Elkhart community and the outdoor enthusiast industry.
Leadership of the combined company has been designated: Andy Nemeth will serve as CEO, Todd Cleveland as Chair of the Board, and Johnny Sirpilla as Vice Chair of the Board. An integration planning team has already been established to prepare for the combination.
The transaction is expected to close in the first half of 2027, subject to customary closing conditions including stockholder and regulatory approvals. Until closing, both companies will operate independently with no immediate changes to team member roles or responsibilities.
SEC 425 • 3mo ago SEC Filing ● Critical ⚠ 3
LCII: 8-K · acquisition merger
LCI Industries entered into a definitive agreement to merge with Patrick Industries in an all-stock transaction valued at an exchange ratio of 1.2440. Under the terms, each share of LCI common stock will convert into 1.2440 shares of Patrick common stock, with LCI shareholders owning approximately 48% of the combined company post-closing.
The boards of both companies have unanimously approved the transaction, which is anticipated to close by March 30, 2027, pending shareholder and regulatory approvals. Upon completion, the combined entity will adopt a new corporate name, though Patrick's common stock will continue to list on Nasdaq under the ticker symbol "PATK".
Governance of the merged company will feature a twelve-member board split evenly between designees from LCI and Patrick. Leadership appointments include Andy Nemeth continuing as Chief Executive Officer and LCI's John Sirpilla serving as Vice Chairman of the board.
SEC 8-K • 3mo ago AI analysis › Press Release ● Critical ⚠ 2
Patrick Industries and LCI Industries to Combine in All-Stock Merger, Creating a Premier Platform Serving Global Outdoor Enthusiast, Housing and Other Markets
LCI Industries and Patrick Industries agreed to combine in an all-stock merger of values, forming a component solutions platform with $8.1 billion in pro forma revenue. LCI shareholders will receive 1.2440 shares of Patrick stock for each share held, resulting in Patrick shareholders owning approximately 52% of the combined company and LCI shareholders 48%.
The transaction is expected to generate over $150 million in run-rate cost synergies within three years, driven by procurement, SG&A efficiencies, and supply chain improvements. Pro forma adjusted EBITDA is estimated at $1.0 billion with free cash flow of $508 million.
Andy Nemeth, CEO of Patrick, will serve as CEO of the combined company, while LCI Interim CEO Johnny Sirpilla will become Vice Chair. The deal is expected to close in the first half of 2027, subject to regulatory and shareholder approvals.
• 3mo ago AI analysis › SEC Filing
LCII: 8-K · leadership change
On June 19, 2026, LCI Industries' subsidiary Lippert Components, Inc. entered into amended and restated employment agreements with executives Ryan R. Smith and Jamie M. Schnur. The agreements continue the employment period for the Group President of North America and the President of Aftermarket & Technology Groups until terminated in accordance with their terms.
The new contracts establish that executives are eligible for severance upon an "Approved Retirement" or death, matching the benefits provided for termination without cause. Approved Retirement is defined as termination on or after the first anniversary of the effective date, subject to extension in certain corporate transaction scenarios.
Notably, the agreement for Mr. Smith reduces his potential severance payout, lowering the cash severance multiple from three times to two times his base salary and average bonus. Additionally, the severance payment period and post-employment restrictive covenant period for Mr. Smith were shortened from 36 months to 24 months.
SEC 8-K • 4mo ago AI analysis › Press Release
LCI Industries Announces Leadership Transitions
Jason Lippert has retired as CEO and President of LCI Industries after 32 years, stepping down from the board as well.
Independent director Johnny Sirpilla has been appointed interim CEO effective immediately, while Lippert will serve in an advisory capacity for one year to support the transition.
The board also named Virginia Henkels as Chair, succeeding Tracy Graham who stepped down after 10 years. A comprehensive search for a permanent CEO will commence, considering both internal and external candidates.
• 4mo ago AI analysis › Press Release
LCI Industries Announces Participation in Stifel Cross Sector Conference
LCI Industries will participate in the Stifel Boston Cross Sector 1x1 Conference on June 2, 2026.
CFO Lillian Etzkorn will host investor meetings throughout the day.
The release contains no new financial results or strategic updates.
• 4mo ago AI analysis › SEC Filing
LCII: 8-K · proxy statement
LCI Industries held its Annual Meeting of Stockholders on May 12, 2026. The total shares outstanding on the record date, March 20, 2026, were 24,284,477, and 22,413,947 shares were represented at the meeting.
All eight director nominees were elected to serve until the next Annual Meeting. The nominees received a strong majority of votes, with no significant opposition.
The company's named executive officer compensation was approved in a non-binding advisory vote, with 20,711,108 votes in favor and 330,223 against.
KPMG LLP was ratified as the independent auditors for the year ending December 31, 2026, with 21,649,285 votes in favor and 736,843 against.
SEC 8-K • 5mo ago SEC Filing
LCII: 8-K · dividend
LCI Industries has declared a regular quarterly cash dividend of $1.15 per share of common stock. The dividend is payable on June 12, 2026, to stockholders of record at the close of business on May 29, 2026.
LCI Industries, through its Lippert subsidiary, is a global leader in supplying engineered components to the outdoor recreation and transportation markets. The company's innovative culture and advanced manufacturing capabilities have established Lippert as a reliable partner for both OEM and aftermarket customers.
The press release contains forward-looking statements, which are estimates reflecting the best judgment of the company's senior management. Readers are cautioned not to place undue reliance on these forward-looking statements, as actual results may differ materially due to various risks and uncertainties.
SEC 8-K • 5mo ago Press Release ● Major
LCI Industries Reports First Quarter Financial Results
LCI Industries delivered a strong Q1 with net sales up 4% to $1.1 billion and adjusted diluted EPS rising 18% to $2.59, driven by margin expansion and innovation.
The company tightened its full-year 2026 outlook, raising the lower end of its adjusted EPS guidance range to $8.75 from $8.25 while reaffirming the top end at $9.25.
Despite challenging retail conditions, operational efficiency and diversification efforts fueled a 90 bps increase in operating profit margin to 8.7%.
• 5mo ago AI analysis › Press Release
Patrick Industries and LCI Industries Terminate Discussions Regarding Potential Merger of Equals
Patrick Industries and LCI Industries have terminated discussions regarding a potential business combination.
While the companies agreed on leadership and strategic vision, they were unable to reach agreement on certain other key terms necessary for a merger of equals.
The companies had previously confirmed these discussions on April 17, 2026.
• 5mo ago AI analysis › Press Release ⚠ 1
LCI Industries and Patrick Industries Terminate Discussions Regarding Potential Merger of Equals
LCI Industries and Patrick Industries have terminated discussions regarding a potential merger of equals, citing an inability to reach mutually agreeable terms.
The companies had previously confirmed these discussions on April 17, 2026, but cautioned that no agreement was certain.
LCI Industries is still scheduled to release its first quarter 2026 financial results before the market opens on May 5, 2026.
• 5mo ago AI analysis › 
