LCI Industries Provides Preliminary Q1 2021 Net Sales Figure
LCI Industries on Wednesday provided preliminary net sales results for the first quarter of 2021. The company said it anticipates consolidated net sales for the first quarter of 2021 to be approximately $1.0 billion.
“Following a pivotal year in the RV industry during 2020, we had another strong quarter, with sales anticipated to have increased more than 50 percent over the first quarter of 2020, as we continued to meet exceptional demand across the outdoor recreation space, said Jason Lippert, president and CEO, in a statement. “These record results illustrate the strength of our teams, as well as the resilience of our business as we captured new growth opportunities while mitigating supply chain constraints facing the larger industry.”
Additional information will be provided in the company’s upcoming earnings release and Form 10-Q, which it said it anticipates filing in early May 2021.