Higher Costs Hold Back LCI Industries

When an industry goes through a boom, investors have high expectations for future performance. LCI Industries (NYSE: LCII) has seen that phenomenon play out recently, as the once-unknown maker of components for recreational vehicles became a growth giant by taking advantage of unprecedented demand for RVs across the industry. As a result of its recent success, those following the stock have raised their views on what LCI should be able to accomplish, and that higher bar is sometimes hard to get over.

Coming into Thursday's third-quarter financial report, LCI investors were looking for extremely good rates of growth from the component maker. LCI's numbers were solid, but they did fall short on a key metric, and that disappointed the company's shareholders. Let's take a closer look at how LCI Industries did and whether investors should be worried.

Image source: LCI Industries.

Source: Fool.com