How did LCII's revenue and expenses shift in Q4 2024?

LCII's revenue and expenses in Q4 2024 showed a slight increase in revenue and a notable rise in operating expenses, while other categories remained relatively stable: 1. **Revenue Growth**: The company's total revenue for Q4 2024 was $803.14 million, reflecting a 1.23% increase from the previous period. This indicates a positive trend in sales or operational efficiency improvements. 2. **Operating Expenses Increase**: The operating expenses, including cost of goods sold, rose to $633.73 million, which is a significant increase. This suggests that LCII may have faced higher operational costs or invested more in production during the quarter. 3. **Stable R&D and SG&A Expenses**: Research and Development (R&D) expenses and Selling, General, and Administrative (SG&A) expenses remained relatively unchanged at $0 and $153.27 million, respectively. This implies that LCII's investment in innovation and administrative costs did not significantly alter from the previous quarter. 4. **Profitability Implications**: The increase in cost of goods sold and operating expenses could impact profitability if revenue growth does not keep pace. However, the slight revenue increase and stable R&D/SG&A expenses suggest that LCII is managing its expenses carefully to maintain competitiveness. |code|Ticker|Name|Date|Selling, General, and Administrative Expenses|R&D Expenses|Total Revenue|Operating Expenses|market_code| |---|---|---|---|---|---|---|---|---| |LCII|LCII.N|LCI Industries|2024 Q1|1.66295E8||9.68029E8||169| |LCII|LCII.N|LCI Industries|2024 Q2|1.75841E8||1.054544E9||169| |LCII|LCII.N|LCI Industries|2024 Q3|1.6607E8||9.15497E8||169| |LCII|LCII.N|LCI Industries|2024 Q4|1.53272E8||8.03138E8||169|