LCI Industries(US:LCII)2025-10-30 12:30Financial Performance Highlights - Net sales reached $1 billion, a 13% year-over-year increase[11] - Net income was $62 million, representing 6% of net sales, a 75% year-over-year increase[11] - Adjusted EBITDA was $106 million, or 10.2% of net sales, a 24% year-over-year increase[11] - The company returned $215 million of capital to shareholders through dividends and strategic share buybacks year-to-date through Q3[12,50] Operational Performance and Market Trends - North American wholesale towable unit shipments were 65,700 in Q3 2025, a 4% year-over-year decrease[18] - North American retail towable units sold were estimated at 88,900 in Q3 2025, a 1% year-over-year increase[18] - Q3 2025 RV OEM sales increased by 11% year-over-year, driven by price increases related to tariffs, increased mix in higher-content fifth wheels, market share gains, and an increase in North American motorhome RV unit shipments[18] - Adjacent Industries sales increased by 22% year-over-year, primarily due to recent acquisitions in the resilient bus market and higher sales to North American utility trailer and marine OEMs[27] - Aftermarket sales increased by 7% year-over-year, driven by product innovations and the expanding Camping World relationship within the RV aftermarket[32] Strategic Initiatives and Outlook - The company projects approximately $380 million in consolidated net sales for October 2025, a 15% year-over-year increase[57] - The company is targeting 8 to 10 facility consolidations in 2026 after 5 in 2025[63] - The company is exploring divestiture opportunities in 2026 of approximately $75 million of revenues that are dilutive to the business[63]