The earnings call highlighted significant sales growth and successful acquisition, particularly in the Display Solutions segment. However, challenges were noted in manufacturing inefficiencies and lighting sales slowdown. The company's proactive measures to mitigate tariff impacts and positive cash flow are encouraging.
Company Guidance
During the third quarter of fiscal 2025, LSI Industries reported robust sales growth of 22%, reaching $132.5 million, primarily driven by a 70% increase in the Display Solutions segment. This segment saw 15% organic growth and notable performance in the Grocery and petroleum/c-store markets. However, manufacturing and logistics inefficiencies due to fluctuating customer demand impacted margins. Despite these challenges, the Lighting segment showed improvement with a 110 basis point increase in operating margins and a book-to-bill ratio exceeding 1.13 times, indicating a strong backlog that is 18% above the prior year. The company also completed the acquisition of Canada's Best Store Fixtures for $24 million, which contributed to the quarter's achievements. Looking forward, LSI plans to leverage its increased domestic sourcing—currently at 70%—to mitigate tariff impacts and capitalize on new customer opportunities. The company's adjusted EBITDA for the quarter was $11.3 million, and adjusted earnings per share stood at $0.20, with a net debt to trailing 12 months adjusted EBITDA ratio of 1.0 times.
Strong Sales Growth
LSI Industries achieved a 22% sales growth year-over-year, with total net sales for the quarter reaching $132.5 million.
Display Solutions Performance
Display Solutions segment saw a 70% increase in sales compared to the prior year, with 15% organic growth, including 20% growth in Grocery.
Lighting Segment Rebound
Lighting segment saw an improvement in large project order activity, with a book-to-bill ratio of 1.13 times and a backlog 18% above the previous year.
Successful Acquisition
Completed the acquisition of Canada's Best Store Fixtures, expanding business capabilities and integration activities progressing ahead of schedule.
Positive Cash Flow
Generated $4.7 million in cash flow in the third quarter, increasing the trailing twelve-month cash flow to approximately $35 million.
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Lsi Industries (LYTS) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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LYTS Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Apr 24, 2025
$15.81
$14.71
-6.96%
Jan 23, 2025
$19.73
$24.66
+24.99%
Nov 07, 2024
$18.06
$19.03
+5.37%
Aug 15, 2024
$14.65
$14.80
+1.02%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Lsi Industries (LYTS) report earnings?
Lsi Industries (LYTS) is schdueled to report earning on Aug 14, 2025, TBA Not Confirmed.
What is Lsi Industries (LYTS) earnings time?
Lsi Industries (LYTS) earnings time is at Aug 14, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
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