LCI Industries
NYSE:LCII
LCII's latest stock split occurred on Sep 8, 2005
The company executed a 2-for-1 stock split, meaning that for every share held, investors received 2 new shares.
Before the split, LCII traded at 49.27 per share. Afterward, the share price was about 15.8796.
The adjusted shares began trading on Sep 8, 2005. This was LCII's 2nd stock split, following the previous one in Mar 24, 1997.
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LCI Industries
Glance View
In the heart of the recreational vehicle industry, LCI Industries stands as a pivotal player, weaving its narrative through innovation and adaptation. Enriching the RV experience, LCI, through its subsidiary Lippert Components, has carved a niche by focusing on manufacturing and supplying an extensive range of products. The company's spectrum of offerings stretches beyond the conventional, encapsulating everything from suspension products, chassis, axles, and electronic components to slide-out mechanisms and windows. This strategic diversification not only cements its importance in the RV manufacturing ecosystem but ensures stability against the cyclical nature of consumer preferences and economic fluctuations. LCI Industries thrives on its ability to closely align with customer desires in the RV and related markets. By embedding itself deeply into the fabric of vehicle component manufacturing, LCI is able to keep its finger on the pulse of evolving consumer trends, such as the growing demand for outdoor lifestyle products. This sensitivity to market dynamics is complemented by its lean manufacturing processes and just-in-time production model, which optimize efficiency and reduce costs. In essence, LCI's revenue stream is fueled by its commitment to innovation and adaptability, crafting products that not only meet but anticipate the needs of adventure-loving consumers around the globe. Through these efforts, LCI Industries not only captures market share but fosters loyalty within a growing community of RV enthusiasts.
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