LSI INDUSTRIES INC

LSI Industries Inc. (LSI) produces non-residential lighting and retail display solutions. The company's non-residential lighting includes American-made fixtures and services for indoor and outdoor use, designed to meet specific customer performance requirements. Retail display solutions consist of custom products and services aimed at enhancing customer brand image and improving the shopping experience. LSI offers customers in target vertical markets a combined package of both lighting and display solutions, allowing them to work with a single partner for regional and national location programs. The business is organized into two segments: the Lighting Segment and the Display Solutions Segment. In fiscal 2025, the Lighting Segment represented 43% of net sales, while the Display Solutions Segment represented 57% of net sales. Total net sales were $573,377 thousand in 2025 and $469,638 thousand in 2024. The Lighting Segment's net sales were $248,357 thousand in 2025 and $262,413 thousand in 2024. The Display Solutions Segment's net sales were $325,020 thousand in 2025 and $207,225 thousand in 2024. The Lighting Segment manufactures, markets, and sells outdoor and indoor lighting fixtures and controls for various vertical markets, including refueling and convenience stores, parking lots and garages, quick-service restaurants, retail, grocery and pharmacy, automotive dealerships, sports courts and fields, and warehouses. These markets are serviced through project business sold via electrical distributors and agents, standard products sold to and stocked by distributors, and direct sales to end-use customers. The lighting fixtures, poles, and accessories are produced in various designs, aesthetics, and finishes, and can be surface, pole, or pendant mounted.