Source: Reuters
U.S. economic expansion is getting long in the tooth. Economists and pundits are analyzing leading economic indicators for a clue on the economy's direction. Another clue could be the earnings of companies in the recreational vehicle ("RV") industry. When shipments of big ticket items like RVs slow, then they could create headwinds for the economy. LCI Industries (LCII) reported Q3 2019 revenue of $586 million, down 3% Y/Y. The company supplies components to original equipment manufacturers ("OEMs") for RVs and industrial products. LCII also provides components to the aftermarkets of these industries.
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