LCI Industries Reports Q3 2026 Results with Margin Expansion Amid Declining RV Sales
LCI Industries (LCII) reported third-quarter consolidated net sales of $992.5 million, a 4% decline year-over-year primarily due to reduced North American RV wholesale shipments. Despite the revenue dip and a 17% drop in RV OEM net sales, the company achieved an adjusted operating profit margin of 8.3%, marking a 100 basis point expansion driven by cost improvement initiatives and strategic material sourcing. The company saw growth in its Aftermarket (+6%) and Adjacent Industries (+7%) segments, which helped offset weakness in the RV sector. However, management issued cautious guidance for the full year, narrowing revenue expectations to $3.9 billion–$4.0 billion due to ongoing demand softness in the outdoor recreation market and economic headwinds.
Topics: earnings report EPS growth financial performance revenue decline RV industry