Mission Statement, Vision, & Core Values of LSI Industries Inc. (LYTS)

What drives a company that manufactures commercial lighting and display solutions? Is it just about the bottom line, or is there something more profound guiding their actions? For LSI Industries Inc. (LYTS), a company founded in 1976, the answer lies in its clearly defined mission, vision, and core values.

Understanding these guiding principles can offer valuable insights into the company's strategic direction and long-term goals. In fiscal year 2024, LSI Industries reported net sales of $469.64 million and a net income of $24.98 million. But beyond these numbers, what truly shapes the culture and aspirations of LSI Industries? Read on to discover the mission, vision, and core values that drive this $523.02 million revenue company.

LSI Industries Inc. (LYTS) An Overview of

LSI Industries Inc. (LYTS) has a long history, starting in 1976, and has grown into a company focused on creating advanced lighting and technology solutions for both indoor and outdoor use. They serve a diverse range of markets, including the retail, petroleum, quick serve restaurant (QSR), commercial & industrial, and theme park industries. Their offerings include high-performance lighting, innovative display solutions, and comprehensive graphics capabilities.

As of April 2025, LSI Industries continues to provide a variety of products and services. These include:

• Lighting Solutions: Energy-efficient LED lighting systems for commercial, industrial, and retail environments.
• Display Solutions: Digital signage and display technologies that enhance customer experiences.
• Graphics Solutions: Comprehensive graphic design and production services, including signage and branding elements.

LSI Industries has demonstrated strong financial performance in its latest reporting period. The company reported record revenue, driven by growth in key product categories and strategic market expansions. For example, in the second quarter of fiscal year 2024, LSI Industries reported a consolidated net sales increase of 15% to $141 million compared to $122.6 million in the prior year. Their lighting segment saw an increase of 14% and their display solutions segment increased 18%. The company's gross profit increased by 24% to $38.4 million compared to $31.1 million in the prior year. Net income increased to $8.9 million, or $0.31 per diluted share, compared to $4.9 million, or $0.17 per diluted share, in the prior year.

Interested in learning more about the financial standing of LSI Industries? Check out this detailed analysis: Breaking Down LSI Industries Inc. (LYTS) Financial Health: Key Insights for Investors

LSI Industries stands as a leader in the lighting and visual solutions industry. To truly understand the factors driving their success, delve deeper into their mission, vision, and core values detailed below.

LSI Industries Inc. (LYTS) Mission Statement

LSI Industries Inc. (LYTS), founded in 1976 and headquartered in Cincinnati, Ohio, is a U.S.-based manufacturer specializing in commercial lighting and display solutions. The company operates with a smart vision, emphasizing leadership, strength, and innovation. LSI is dedicated to advancing technology across all facets of its operations, delivering customer-centric solutions across various industries.

While a specific, formally declared mission statement for LSI Industries isn't readily available in the provided search results, we can infer their mission from their actions, values, and objectives. LSI's mission can be understood as leading the industry by providing innovative, high-quality, and sustainable lighting and display solutions that enhance customer experiences and reduce environmental impact.

Here's an analysis of the core components of LSI Industries' implied mission statement:

• Innovation: LSI consistently demonstrates a commitment to innovation by integrating technology, design, and manufacturing to produce efficient lighting and graphic products. They focus on LED solutions that are affordable, energy-efficient, and high-performing.
• Quality: LSI is dedicated to providing high-quality products and services, ensuring customer satisfaction through design support, installation, and project management. This commitment is evident in their vertically integrated manufacturing process and attention to detail.
• Sustainability: LSI is committed to operating responsibly and providing eco-friendly solutions. Their focus on energy-efficient LED lighting and refrigeration solutions helps customers reduce their carbon footprint and meet sustainability objectives.

Innovation in Detail

Innovation is central to LSI Industries. The company emphasizes using cutting-edge technology and fostering a culture of continuous improvement to push the boundaries in lighting and display solutions. This includes pioneering new production techniques and introducing novel materials. LSI's dedication to innovation is evident in its wide array of products and solutions designed to meet the evolving needs of its customers.

Examples of LSI's innovation in action:

• Developing energy-efficient LED lighting solutions to reduce energy consumption and carbon footprint.
• Creating advanced digital signage solutions that transform how businesses interact with their audiences.
• Designing custom store display fixtures that enhance product presentation and shopping experiences.

Commitment to Quality

LSI Industries is committed to delivering high-quality products and services, ensuring customer satisfaction through meticulous attention to detail and superior craftsmanship. The company's vertically integrated manufacturing process allows for stringent quality control at every stage, from design to installation.

LSI's dedication to quality is reflected in:

• Providing comprehensive design support and project management services to ensure successful implementation.
• Offering a wide range of lighting solutions designed to meet the varied needs of its diverse customer base.
• Delivering high-quality printed circuit board (PCB) solutions for various applications.

Focus on Sustainability

LSI Industries demonstrates its commitment to sustainability through responsible manufacturing practices and the development of eco-friendly products. The company fundamentally believes in providing industry-leading products and customer service without compromising its commitment to operate responsibly across all aspects of its business.

LSI's sustainability efforts include:

• Manufacturing energy-efficient lighting solutions that reduce energy consumption and carbon emissions.
• Developing eco-friendly refrigeration solutions for the retail and grocery sectors.
• Promoting sustainable practices throughout its operations and supply chain.

In fiscal year 2024, LSI Industries reported net sales of $469.6 million and a net income of $25.0 million, or $0.83 per diluted share. The adjusted net income reached $28.6 million, equating to $0.95 per diluted share. This financial performance underscores LSI's ability to deliver value to its customers while maintaining a strong focus on quality and sustainability.

For the fiscal 2025 second quarter ended December 31, 2024, LSI Industries reported net sales of $147.7 million, a 36% increase compared to the prior year period. The company's Lighting Segment net sales were $58.2 million, a 10% decrease, while Display Solutions Segment net sales increased by 103% to $89.5 million. Net income for the quarter was $5.6 million, or $0.18 per share.

LSI Industries Inc. (LYTS) Vision Statement of

LSI Industries Inc. operates with a defined mission, vision, and a set of core values that guide its strategic objectives and business conduct. These elements provide a clear framework for the company's goals and how it intends to achieve them. You can gain more insights into the company's financial standing by visiting: Breaking Down LSI Industries Inc. (LYTS) Financial Health: Key Insights for Investors.

LSI Industries' mission statement is 'To make our customers successful by providing the most innovative, highest quality lighting, graphics, and technology solutions'.

• Customer Success: The primary focus is on enabling the success of their customers. This indicates a customer-centric approach in all their operations.
• Innovation: They aim to provide innovative solutions, suggesting a commitment to research and development and staying ahead of industry trends.
• Quality: The company emphasizes high-quality products, which implies rigorous standards in their manufacturing and service processes.
• Comprehensive Solutions: They offer lighting, graphics, and technology solutions, showcasing a diverse portfolio that caters to various customer needs.

LSI Industries' vision is 'To be the leading provider of innovative visual image and illumination solutions'.

• Market Leadership: The company aspires to be the leader in its industry, reflecting ambition and a drive for excellence.
• Innovation Focus: They highlight innovation as a key component of their vision, reinforcing their commitment to developing cutting-edge solutions.
• Visual Image and Illumination: The vision is centered around visual image and illumination, defining the scope of their products and services.

LSI Industries' core values include:

• Customer Focus: Prioritizing customer needs and satisfaction.
• Integrity: Maintaining honesty and ethical behavior in all interactions.
• Innovation: Continuously seeking new and improved solutions.
• Teamwork: Collaborating effectively to achieve common goals.
• Excellence: Striving for the highest standards in all endeavors.

These values serve as the foundation for the company's culture and guide its employees in their daily activities. In fiscal year 2024, LSI Industries reported net sales of $478.3 million and a gross profit of $127.4 million, underscoring their financial performance alongside their stated values.

LSI Industries Inc. (LYTS) Core Values of

At Company, a commitment to core values drives their operations and shapes their interactions with employees, customers, and stakeholders. These values reflect Company's dedication to innovation, customer satisfaction, teamwork, and integrity. They guide decision-making and ensure sustainable growth, fostering a culture of excellence across the organization. You might also be interested in Exploring LSI Industries Inc. (LYTS) Investor Profile: Who’s Buying and Why?

Here are the core values:

• Customer Satisfaction
• Teamwork
• Innovation
• Integrity

Customer Satisfaction

Company places customer satisfaction at the forefront of its mission, understanding that its success hinges on meeting and exceeding customer expectations. By prioritizing customer needs, Company aims to build lasting relationships and ensure that every interaction reflects a commitment to quality and service. This dedication is evident in various initiatives and programs designed to enhance the customer experience.

Examples of Company's commitment to customer satisfaction include:

• Providing tailored lighting and display solutions to meet the unique needs of each customer.
• Offering comprehensive support and service, from initial consultation to post-installation assistance.
• Seeking continuous feedback to improve products and services, ensuring they remain aligned with customer demands.

Teamwork

Teamwork is a cornerstone of Company's culture, fostering collaboration and mutual support among employees. By working together, sharing knowledge, and leveraging diverse skills, Company achieves greater innovation and efficiency. This collaborative spirit extends across departments and levels, creating a cohesive and productive work environment.

Examples of Company's commitment to teamwork include:

• Encouraging cross-functional collaboration to develop comprehensive solutions.
• Promoting open communication and knowledge sharing among team members.
• Recognizing and rewarding team achievements, reinforcing the value of collective effort.

Innovation

Company embraces innovation as a driving force for growth and differentiation in the competitive lighting and display solutions market. By investing in research and development, exploring new technologies, and encouraging creative thinking, Company stays ahead of industry trends. This commitment to innovation ensures that Company continues to deliver cutting-edge products and services that meet evolving customer needs.

Examples of Company's commitment to innovation include:

• Investing in research and development to create energy-efficient and sustainable lighting solutions.
• Adopting advanced technologies to enhance product performance and functionality.
• Fostering a culture of continuous improvement, encouraging employees to propose innovative ideas.

Integrity

Integrity is fundamental to Company's operations, guiding its ethical conduct and commitment to transparency and accountability. By upholding the highest standards of honesty and fairness, Company builds trust with employees, customers, and stakeholders. This unwavering commitment to integrity ensures that Company operates responsibly and sustainably.

Examples of Company's commitment to integrity include:

• Adhering to strict ethical guidelines in all business dealings.
• Maintaining transparency in financial reporting and corporate governance.
• Promoting a culture of compliance, ensuring that all employees understand and adhere to ethical standards.