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LCI Industries lowers full-year RV wholesale guidance after demand softness
The company guided to an adjusted operating profit margin of 7.5% to 8%, while saying it returned nearly $90 million in IHEPA tariff refunds to customers.
LCI Industries said its Q2 performance was driven mainly by internal “self-help” efforts, including facility consolidations and operational efficiencies that structurally improved its cost base, according to Yahoo Finance’s summary of the earnings call.
Management also cited resilience in sales from increased product content per unit, which it said helped offset a 20% decline in North American towable RV wholesale shipments, alongside diversification into adjacent OEM markets and the aftermarket.
The company described efforts to manage IHEPA tariff refunds internally, returning nearly $90 million to customers to support industry-wide affordability, and said recent product launches are generating an estimated $270 million annual revenue run rate from its top five innovations.
LCI lowered its full-year RV industry wholesale shipment guidance to 280,000 to 300,000 units and maintained expectations for an adjusted operating profit margin of 7.5% to 8% despite lower revenue, while also outlining plans for further facility closures and expecting about $140 million of additional annualized revenue from new product placements during the 2027 model change.