LSI Industries Awarded $100 Million Quick Service Restaurant Program
LSI Industries Inc. (LYTS)
Last lsi industries inc. earnings: 4/23 06:30 am
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lsiindustries.gcs-web.com/investor-overview
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Source: GlobeNewswire
CINCINNATI, April 15, 2020 (GLOBE NEWSWIRE) -- LSI Industries (NASDAQ: LYTS) today announced that one of its long-standing quick service restaurant (QSR) customers has awarded the Company new business valued at more than $100 million through calendar year-end 2022. Ranked among America’s top fast food chains by annual revenue, the customer will have LSI digital menu boards installed at more than 6,000 locations throughout North America. Under the terms of the award, LSI will manufacture the menu boards and perform the lead system integrator function, which includes program management and installation responsibilities. “Our recent QSR program award highlights LSI’s strategy to anticipate changing requirements in key vertical markets and lead in the development of new, differentiated solutions that are valued by our customers,” said Jim Clark, President and CEO of LSI Industries. “The award reflects the quality of our products, as well as our broad program management capabilit
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