LCI Industries reported a 13% rise in adjusted earnings per share to $2.70 for the second quarter of 2026, even as adjusted net sales fell 4% to $1.1 billion, driven by cost-cutting and higher product content. OEM net sales declined 10% while aftermarket sales grew 11%, and content per towable RV unit increased 11% to $5,831. The company lowered its full-year wholesale RV shipment guidance to 280,000–300,000 units and now expects adjusted revenue of $3.9 billion–$4.1 billion and adjusted EPS of $8.25–$8.75. LCI maintained its full-year adjusted operating margin target of 7.5%–8% and ended the quarter with $812 million in total liquidity. The proposed merger with Patrick Industries remains under regulatory review, with LCI continuing to operate normally.
LCI IndustriesQ2 EPS rose 13% despite sales decline, driven by cost-cutting and higher content, though full-year guidance was cut.
Patrick Industries IncMerger with LCI remains under regulatory review; no direct impact on Patrick Industries' operations.
