Picture of LSI Industries logo

LYTS — LSI Industries News Story

0.000.00%
us flag iconLast trade - 00:00
Consumer CyclicalsBalancedMid CapNeutral

LSI Industries gains as Royston acquisition boosts sales, Q2 beat

BUZZ-LSI Industries gains as Royston acquisition boosts sales, Q2 beat

** Shares of lighting products and graphics firm LSI Industries LYTS.O rise 4.8% to $25.23 premarket

** Co posts Q4 adj. EPS of 38 cents, beating est. of 36 cents - LSEG data

** Reports Q4 revenue of $234.6 mln vs $155.1 mln, a year ago and above analyst est. of $222.7 mln

** LYTS says acquisition of Royston boosted co's near-term sales and profit growth as the platform helped in better consumer experience

** Also announces CFO James E. Galeese to retire from the position, co to name successor in the first half of 2027

** Co expects spending by grocery chains to remain strong in FY27

** As of last close, stock up 31.3% YTD


(Reporting by Anand Gopal in Bengaluru)

((AnandGopal.R@thomsonreuters.com))

Recent news on LSI Industries

See all news