Source: Reuters
LCI Industries (LCII) reports quarterly earnings August 1st. Analysts expect revenue of $642.81 and EPS of $1.67. The revenue estimate implies a 6% decline Y/Y. Investors should focus on the following key items.
Slowing Top Line Growth
LCII supplies components for leading original equipment manufacturers ("OEMs") in the recreational and industrial product markets. These OEMs manufacture for recreational vehicles ("RVS") and adjacent industries. The company also provides components to the aftermarkets of these industries. In Q1 2019, the company reported $592 million in revenue, down 9% Y/Y. This paled in comparison