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$LCII

6 stories mentioning LCII

Every FINWIRES story that references LCII, newest first.

Wire

LCI Industries Chief Executive Jason Lippert to Retire; Interim Successor Named

LCI Industries (LCII) said Thursday that President and Chief Executive Jason Lippert is retiring and has stepped down from his position.The company has tapped Independent Director Johnny Sirpilla to serve as interim CEO, effective immediately, while Lippert will remain as an adviser for one year to aid in the transition. Sirpilla has been a member of the company's board since 2019.The board will conduct a search, both within and outside the company, for a permanent CEO.LCI Industries also said that Virginia Henkels has been named Chair of the Board, succeeding Tracy Graham, who has stepped down after 10 years on the board.Shares of the company fell more than 6% pre-bell Thursday.Price: $100.00, Change: $-6.78, Percent Change: -6.35%

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Research

Roth Capital Upgrades LCI Industries to Buy, $164 Price Target

LCI Industries (LCII) has an average rating of overweight and mean price target of $149.30, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

$LCII
Sectors

Sector Update: Consumer Stocks Decline Pre-Bell Monday

Consumer stocks were declining pre-bell Monday, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) down 0.2% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) 0.5% lower.Lululemon athletica (LULU) said it has launched its e-commerce platform in Mexico. Lululemon athletica stock was 0.5% lower premarket.Ingles Markets (IMKTA) shareholders are being urged by proxy advisory firms Institutional Shareholder Services, Glass Lewis, and Egan-Jones Ratings to support activist investor Summer Road nominee Rory Held for election to the company's board at its 2026 annual meeting, according to a statement issued by Summer Road. Ingles Markets stock was nearly 2% higher premarket.LCI Industries (LCII) and Patrick Industries (PATK) said they were in discussions regarding a potential business combination. Shares of Patrick Industries were up more than 2% pre-bell.

$IMKTA$LCII$LULU$PATK$XLP$XLY
Sectors

Sector Update: Consumer Stocks Advance in Afternoon Trading

Consumer stocks were higher Friday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) rising 1.1% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) climbing 3.3%.In corporate news, Autoliv's (ALV) Q1 results exceeded Wall Street's estimates, while the Swedish automotive safety supplier affirmed its full-year outlook on Friday amid an uncertain business environment. Its shares jumped past 8%.Netflix (NFLX) shares dropped more than 10% after it released Q2 guidance late Thursday below market consensus. The streaming company also said that its Chairman and Co-founder Reed Hastings plans to step down when his term ends in June.Patrick Industries (PATK) is in talks to combine with rival LCI Industries (LCII), Bloomberg reported. Patrick shares climbed 5.3%, and LCI rose 2.5%.

$ALV$LCII$NFLX$PATK
Wire

Market Chatter: Patrick Industries Said in Talks to Combine With LCI

Patrick Industries (PATK) is in talks to combine with rival LCI Industries (LCII), Bloomberg reported Friday, citing people familiar with the matter.The recreational-vehicle suppliers are negotiating a possible all-stock deal that could be announced in the coming weeks, the report said, citing the people.Patrick Industries and LCI Industries didn't immediately reply to requests for comment from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $107.33, Change: $+4.43, Percent Change: +4.30%

$LCII$PATK
Wire

Patrick Industries Said in Talks to Combine With LCI Industries, Bloomberg Reports

Patrick Industries Said in Talks to Combine With LCI Industries, Bloomberg Reports

$LCII$PATK