Patrick Industries Inc

LCI Industries reported a 13% rise in adjusted earnings per share to $2.70 for the second quarter of 2026, even as adjusted net sales fell 4% to $1.1 billion, driven by cost-cutting and higher product content. OEM net sales declined 10% while aftermarket sales grew 11%, and content per towable RV unit increased 11% to $5,831. The company lowered its full-year wholesale RV shipment guidance to 280,000–300,000 units and now expects adjusted revenue of $3.9 billion–$4.1 billion and adjusted EPS of $8.25–$8.75. LCI maintained its full-year adjusted operating margin target of 7.5%–8% and ended the quarter with $812 million in total liquidity. The proposed merger with Patrick Industries remains under regulatory review, with LCI continuing to operate normally.

Halper Sadeh LLC, an investor rights law firm, is investigating whether Patrick Industries, Axalta Coating Systems, and Equitable Holdings are obtaining fair deals for their shareholders. The firm is examining Patrick Industries' merger with LCI Industries, where Patrick shareholders would own approximately 52% of the combined company, Axalta's sale to Akzo Nobel for 0.6539 shares of AkzoNobel stock per Axalta share, and Equitable Holdings' merger with Corebridge Financial, exchanging each Equitable share for 1.55516 shares of the combined company, leaving Equitable shareholders with about 49% ownership. Halper Sadeh may seek increased consideration or additional disclosures on behalf of shareholders, and encourages them to contact the firm at no cost to discuss their legal rights and options.