Latest news with #LSIIndustries
Yahoo
06-05-2025
- Business
- Yahoo
LSI Industries Renews Partnership as Official Lighting Sponsor of USA Pickleball
CINCINNATI, May 06, 2025--(BUSINESS WIRE)--LSI Industries (NASDAQ: LYTS), a leading U.S.-based manufacturer of commercial and industrial lighting and display solutions, announced the renewal of its partnership as an Official Lighting Sponsor of USA Pickleball. This extended collaboration highlights LSI's commitment to advancing America's fastest-growing sport through innovative lighting technologies that enhance visibility, safety, and the overall playing experience. As the fastest-growing sport in the United States, pickleball is seeing unprecedented growth in both recreational and professional settings. LSI's advanced lighting systems are uniquely designed to meet the specific needs of pickleball courts, delivering optimal illumination, reduced glare, and energy efficiency—whether for private clubs, recreation facilities, public parks, or tournament venues. "We are excited to extend our partnership with USA Pickleball," said Michael Prachar, Chief Marketing Officer of LSI Industries. "As the sport's popularity continues to soar, our focus is on delivering the lighting innovations that players, facility owners, and tournament organizers can count on to elevate the game." LSI's lighting solutions are engineered and manufactured in the United States, offering a dependable supply chain and meeting the highest quality standards. With decades of experience, LSI continues to deliver lighting systems that meet the demanding standards of sports and recreational environments. "LSI Industries has been an important partner in the growth of USA Pickleball, and we're thrilled to continue our relationship," said Mike Nealy, CEO of USA Pickleball. "They were an early sponsor and supporter of our sport, and helped shape how facilities approach court lighting. Their ongoing commitment ensures our players, venues, and tournament organizers have access to the best lighting solutions available." To learn more about LSI's pickleball lighting solutions, visit ABOUT LSI INDUSTRIES Headquartered in Cincinnati, LSI is a publicly held company traded over the NASDAQ Stock Exchange under the symbol LYTS. The company manufactures advanced lighting, graphics and display solutions across strategic vertical markets. The company's American-made products, which include non-residential indoor and outdoor lighting, print graphics, digital graphics, refrigerated and custom displays, help create value for customer brands and enhance the consumer experience. LSI also provides comprehensive project management services in support of large-scale product rollouts. The company employs approximately 2,000 people at 19 manufacturing plants in the U.S. and Canada.
Business Wire
06-05-2025
- Business
- Business Wire
LSI Industries Renews Partnership as Official Lighting Sponsor of USA Pickleball
CINCINNATI--(BUSINESS WIRE)--LSI Industries (NASDAQ: LYTS), a leading U.S.-based manufacturer of commercial and industrial lighting and display solutions, announced the renewal of its partnership as an Official Lighting Sponsor of USA Pickleball. This extended collaboration highlights LSI's commitment to advancing America's fastest-growing sport through innovative lighting technologies that enhance visibility, safety, and the overall playing experience. As the fastest-growing sport in the United States, pickleball is seeing unprecedented growth in both recreational and professional settings. LSI's advanced lighting systems are uniquely designed to meet the specific needs of pickleball courts, delivering optimal illumination, reduced glare, and energy efficiency—whether for private clubs, recreation facilities, public parks, or tournament venues. 'We are excited to extend our partnership with USA Pickleball,' said Michael Prachar, Chief Marketing Officer of LSI Industries. 'As the sport's popularity continues to soar, our focus is on delivering the lighting innovations that players, facility owners, and tournament organizers can count on to elevate the game." LSI's lighting solutions are engineered and manufactured in the United States, offering a dependable supply chain and meeting the highest quality standards. With decades of experience, LSI continues to deliver lighting systems that meet the demanding standards of sports and recreational environments. 'LSI Industries has been an important partner in the growth of USA Pickleball, and we're thrilled to continue our relationship,' said Mike Nealy, CEO of USA Pickleball. 'They were an early sponsor and supporter of our sport, and helped shape how facilities approach court lighting. Their ongoing commitment ensures our players, venues, and tournament organizers have access to the best lighting solutions available.' To learn more about LSI's pickleball lighting solutions, visit ABOUT LSI INDUSTRIES Headquartered in Cincinnati, LSI is a publicly held company traded over the NASDAQ Stock Exchange under the symbol LYTS. The company manufactures advanced lighting, graphics and display solutions across strategic vertical markets. The company's American-made products, which include non-residential indoor and outdoor lighting, print graphics, digital graphics, refrigerated and custom displays, help create value for customer brands and enhance the consumer experience. LSI also provides comprehensive project management services in support of large-scale product rollouts. The company employs approximately 2,000 people at 19 manufacturing plants in the U.S. and Canada. ABOUT USA PICKLEBALL USA Pickleball is the official National Governing Body (NGB) for the sport of pickleball in the United States. As a nonprofit 501(c)(3) organization, USA Pickleball is dedicated to preserving the integrity of the game while advancing its growth and development nationwide. The organization supports players, clubs, and communities by sanctioning premier tournaments, offering certified equipment testing, training referees, certifying facilities, and providing a wide range of educational resources. USA Pickleball also maintains and updates the official rules of the sport, ensuring consistency and fairness at every level of play. Led by a Board of Directors and a dedicated national office staff, USA Pickleball delivers the infrastructure and strategic vision necessary to fuel the continued expansion of pickleball across the country—benefiting members with exclusive access to events, programs, and tools that elevate their experience on and off the court.
Yahoo
01-05-2025
- Business
- Yahoo
Why You Might Be Interested In LSI Industries Inc. (NASDAQ:LYTS) For Its Upcoming Dividend
LSI Industries Inc. (NASDAQ:LYTS) stock is about to trade ex-dividend in three days. The ex-dividend date is one business day before the record date, which is the cut-off date for shareholders to be present on the company's books to be eligible for a dividend payment. The ex-dividend date is an important date to be aware of as any purchase of the stock made on or after this date might mean a late settlement that doesn't show on the record date. In other words, investors can purchase LSI Industries' shares before the 5th of May in order to be eligible for the dividend, which will be paid on the 13th of May. The company's next dividend payment will be US$0.05 per share, and in the last 12 months, the company paid a total of US$0.20 per share. Last year's total dividend payments show that LSI Industries has a trailing yield of 1.3% on the current share price of US$15.09. Dividends are an important source of income to many shareholders, but the health of the business is crucial to maintaining those dividends. As a result, readers should always check whether LSI Industries has been able to grow its dividends, or if the dividend might be cut. We've discovered 1 warning sign about LSI Industries. View them for free. Dividends are usually paid out of company profits, so if a company pays out more than it earned then its dividend is usually at greater risk of being cut. Fortunately LSI Industries's payout ratio is modest, at just 27% of profit. That said, even highly profitable companies sometimes might not generate enough cash to pay the dividend, which is why we should always check if the dividend is covered by cash flow. Luckily it paid out just 14% of its free cash flow last year. It's encouraging to see that the dividend is covered by both profit and cash flow. This generally suggests the dividend is sustainable, as long as earnings don't drop precipitously. View our latest analysis for LSI Industries Click here to see the company's payout ratio, plus analyst estimates of its future dividends. Stocks in companies that generate sustainable earnings growth often make the best dividend prospects, as it is easier to lift the dividend when earnings are rising. If earnings decline and the company is forced to cut its dividend, investors could watch the value of their investment go up in smoke. It's encouraging to see LSI Industries has grown its earnings rapidly, up 26% a year for the past five years. LSI Industries is paying out less than half its earnings and cash flow, while simultaneously growing earnings per share at a rapid clip. Companies with growing earnings and low payout ratios are often the best long-term dividend stocks, as the company can both grow its earnings and increase the percentage of earnings that it pays out, essentially multiplying the dividend. Many investors will assess a company's dividend performance by evaluating how much the dividend payments have changed over time. LSI Industries's dividend payments per share have declined at 1.8% per year on average over the past 10 years, which is uninspiring. Is LSI Industries worth buying for its dividend? It's great that LSI Industries is growing earnings per share while simultaneously paying out a low percentage of both its earnings and cash flow. It's disappointing to see the dividend has been cut at least once in the past, but as things stand now, the low payout ratio suggests a conservative approach to dividends, which we like. Overall we think this is an attractive combination and worthy of further research. So while LSI Industries looks good from a dividend perspective, it's always worthwhile being up to date with the risks involved in this stock. Case in point: We've spotted 1 warning sign for LSI Industries you should be aware of. A common investing mistake is buying the first interesting stock you see. Here you can find a full list of high-yield dividend stocks. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
