LCI: Automobile Components LCI Industries Misses Q4 Expectations, But Bets Big on RV Boom

LCI Industries faces a 6% Y/Y revenue dip in Q4 FY23, reaching $837.5 million, impacted by reduced North American marine production and lower selling prices. Despite challenges, Aftermarket net sales show a 10% Y/Y increase, signaling stability in distribution channels. CEO Jason Lippert highlights product launches driving growth, including independent suspension axles and new window systems. read more