Lippert Reports First Quarter Results
May 7, 2025
Net sales for the quarter were $1.04 billion, an increase of 8% from 2024 first quarter net sales of $968 million.
Net sales for the quarter were $1.04 billion, an increase of 8% from 2024 first quarter net sales of $968 million.
Elkhart, Indiana, is the center of the RV manufacturing universe. It’s also home to marine manufacturers and boatbuilders.
The components company is working with SolarWindow Technologies, which manufactures electricity-producing glass
Net sales of $1.1 billion were up 4% year-over-year, despite softness in the marine segment.
The components manufacturer posted a 1% decline in net sales, primarily driven by lower North American marine production levels.
Net sales of $838 million in the quarter were down 6% year-over-year, but the aftermarket segment delivered a 10% increase.
The accessories and components manufacturer posted net sales of $1 billion, pointing to lower North American marine production levels and decreased selling prices.
Its Kinro subsidiary purchased the assets of Marine Trailer Performance, which makes lubrication systems, actuators and brake components.
Net sales of $1 billion were down 34% year-over-year, driven in part by decreased North American RV wholesale shipments.
Net sales decreased 41% compared to the year-ago quarter, and marine sales of $119.3 million were down 6%.
Net sales for the quarter were $1.04 billion, an increase of 8% from 2024 first quarter net sales of $968 million.
Elkhart, Indiana, is the center of the RV manufacturing universe. It’s also home to marine manufacturers and boatbuilders.
The components company is working with SolarWindow Technologies, which manufactures electricity-producing glass
Net sales of $1.1 billion were up 4% year-over-year, despite softness in the marine segment.
The components manufacturer posted a 1% decline in net sales, primarily driven by lower North American marine production levels.
Net sales of $838 million in the quarter were down 6% year-over-year, but the aftermarket segment delivered a 10% increase.
The accessories and components manufacturer posted net sales of $1 billion, pointing to lower North American marine production levels and decreased selling prices.
Its Kinro subsidiary purchased the assets of Marine Trailer Performance, which makes lubrication systems, actuators and brake components.
Net sales of $1 billion were down 34% year-over-year, driven in part by decreased North American RV wholesale shipments.
Net sales decreased 41% compared to the year-ago quarter, and marine sales of $119.3 million were down 6%.
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