PATK - Earnings announcements

ELKHART, Ind., April 16, 2026 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ:PATK) ("Patrick" or the "Company") today announced that it will release its first quarter 2026 financial results before the market opens on Thursday, April 30, 2026. Patrick Industries will host a conference call on Thursday, April 30, 2026 at 10:00 a.m. Eastern Time to discuss results and other business matters. Participation in the question-and-answer session of the call will be limited to institutional investors and analysts. The dial-in number for the live conference call is (877) 407-9036. Intere

ELKHART, Ind., Feb. 5, 2026 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ:PATK) ("Patrick" or the "Company"), a leading component solutions provider for the Outdoor Enthusiast and Housing markets, today reported financial results for the fourth quarter and year ended December 31, 2025. Fourth Quarter and Full Year 2025 Highlights (compared to Fourth Quarter and Full Year 2024 unless otherwise noted) Net sales increased 9% to $924 million for the fourth quarter and increased 6% to $4.0 billion for the full year. The growth in net sales was primarily driven by organic content

ELKHART, Ind., Jan. 22, 2026 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ:PATK) ("Patrick" or the "Company") today announced that it will release its fourth quarter and twelve months 2025 financial results before the market opens on Thursday, February 5, 2026. Patrick Industries will host a conference call on Thursday, February 5, 2026 at 10:00 a.m. Eastern Time to discuss results and other business matters. Participation in the question-and-answer session of the call will be limited to institutional investors and analysts. The dial-in number for the live conference call i

Third Quarter 2025 Highlights (compared to Third Quarter 2024 unless otherwise noted) Net sales increased 6% to $976 million driven by solid organic growth and acquisitions, partially offset by industry shipment declines. The Company reported higher revenue in each of its four primary end markets reflecting continued resilience and strength in content per unit as a result of acquisitions and organic growth.Operating income was $66 million compared to $74 million in the prior year period. Operating margin was 6.8% compared to 8.1% in the prior year period.Net income was $35 million compared to $41 million in the prior year period.Diluted earnings per share (EPS) was $1.01 compared to EPS of $

ELKHART, Ind., Oct. 16, 2025 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ:PATK) ("Patrick" or the "Company") today announced that it will release its third quarter and nine months 2025 financial results before the market opens on Thursday, October 30, 2025. Patrick Industries will host a conference call on Thursday, October 30, 2025 at 10:00 a.m. Eastern Time to discuss results and other business matters. Participation in the question-and-answer session of the call will be limited to institutional investors and analysts. The dial-in number for the live conference call is (

Second Quarter 2025 Highlights (compared to Second Quarter 2024 unless otherwise noted) Net sales increased 3% to $1.05 billion, driven by 7% growth in the Company's RV business and 3% growth in its Housing business, which more than offset reductions of 1% and 7% in the Company's Marine and Powersports businesses, respectively.Operating income increased 2% to $87 million, while operating margin was 8.3%, or flat versus the prior year.Net income was $32 million and diluted earnings per share (EPS) was $0.96.Excluding one-time expenses related to a legal settlement1, adjusted net income2 was $51 million and adjusted diluted EPS2 was $1.50 compared to $1.44 in the prior year period.Reported and

ELKHART, Ind, July 17, 2025 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ:PATK) ("Patrick" or the "Company") today announced that it will release its second quarter and six months 2025 financial results before the market opens on Thursday, July 31, 2025. Patrick Industries will host a conference call on Thursday, July 31, 2025 at 10:00 a.m. Eastern Time to discuss results and other business matters. Participation in the question-and-answer session of the call will be limited to institutional investors and analysts. The dial-in number for the live conference call is (877) 40

First Quarter 2025 Highlights (compared to First Quarter 2024 unless otherwise noted) Net sales increased 7% to $1.0 billion, driven by revenue growth of 14% and 7% in the Company's RV and Housing markets, respectively, which more than offset a 4% decline in Marine revenue and a 2% decline in Powersports revenue.Operating margin increased 10 basis points to 6.5%. Adjusted operating margin1 was 6.5% compared to 7.0% in the first quarter of 2024.Net income was $38 million and diluted earnings per share (EPS) was $1.11, compared to net income of $35 million and diluted EPS of $1.06 in the first quarter of 2024. Adjusted diluted EPS1 was $1.11 compared to $1.19 in the prior year period.Reported

ELKHART, Ind., April 17, 2025 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ:PATK) ("Patrick" or the "Company") today announced that it will release its first quarter 2025 financial results before the market opens on Thursday, May 1, 2025. Patrick Industries will host a conference call on Thursday, May 1, 2025 at 10:00 a.m. Eastern Time to discuss results and other business matters. Participation in the question-and-answer session of the call will be limited to institutional investors and analysts. The dial-in number for the live conference call is (877) 407-9036. Interested

Fourth Quarter and Full Year 2024 Highlights (compared to Fourth Quarter and Full Year 2023 unless otherwise noted) Net sales for the fourth quarter and full year increased 8% to $846 million and 7% to $3.7 billion, respectively, reflecting the contribution of acquisitions, and higher revenue from our Housing and RV end markets.Operating margin for the fourth quarter and full year was 4.7% and 6.9%, respectively. Adjusted operating margin1 for the fourth quarter and full year was 5.2% and 7.2%, respectively.Diluted earnings per share (EPS) for the fourth quarter and full year 2024 was $0.42 and $4.11, respectively. Adjusted diluted EPS1 for the fourth quarter and full year 2024 was $0.52 and

ELKHART, Ind., Jan. 23, 2025 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ:PATK) ("Patrick" or the "Company") today announced that it will release its fourth quarter and twelve months 2024 financial results before the market opens on Thursday, February 6, 2025. Patrick Industries will host a conference call on Thursday, February 6, 2025 at 10:00 a.m. Eastern Time to discuss results and other business matters. Participation in the question-and-answer session of the call will be limited to institutional investors and analysts. The dial-in number for the live conference call i

Third Quarter 2024 Highlights (compared to Third Quarter 2023 unless otherwise noted) Net sales increased 6% to $919 million driven by a 13% increase in Housing revenue and our first quarter acquisition of Sportech, which together more than offset a 21% decline in Marine revenue.Operating margin decreased 10 basis points to 8.1%. For the first nine months of 2024, adjusted operating margin improved 20 basis points to 7.8%.Net income increased 3% to $41 million. Diluted earnings per share of $1.80 included the dilutive impact of our convertible notes and related warrants in the period, or an estimated $0.06 per share. For the first nine months of 2024, adjusted diluted earnings per share incr

ELKHART, Ind., Oct. 17, 2024 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ:PATK) ("Patrick" or the "Company") today announced that it will release its third quarter and nine months 2024 financial results before the market opens on Thursday, October 31, 2024. Patrick Industries will host a conference call on Thursday, October 31, 2024 at 10:00 a.m. Eastern Time to discuss results and other business matters. Participation in the question-and-answer session of the call will be limited to institutional investors and analysts. The dial-in number for the live conference call is (

Second Quarter 2024 Highlights (compared to Second Quarter 2023 unless otherwise noted) Net sales increased 10% to $1.02 billion driven by a 17% increase in RV revenue, an 11% increase in Housing revenue, and our first quarter acquisition of Sportech, which together more than offset a 30% decline in Marine revenue.Operating margin increased 10 basis points to 8.3%. For the first six months of 2024, operating margin on an adjusted basis improved 40 basis points to 7.7%.Net income increased 13% to $48 million, and diluted earnings per share of $2.16 increased 11%.For the first six months of 2024, adjusted diluted earnings per share increased 20% to $3.95.Adjusted EBITDA increased 14% to $130 m

ELKHART, Ind., July 18, 2024 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ:PATK) ("Patrick" or the "Company"), today announced that it will release its second quarter and six months 2024 financial results before the market opens on Thursday, August 1, 2024. Patrick Industries will host a conference call on Thursday, August 1, 2024 at 10:00 a.m. Eastern Time to discuss results and other business matters. Participation in the question-and-answer session of the call will be limited to institutional investors and analysts. The dial-in number for the live conference call is (877

First Quarter 2024 Highlights (compared to First Quarter 2023 unless otherwise noted) Net sales increased 4% to $933 million driven by a 15% increase in RV revenue, a 5% increase in housing revenue, and acquisitions, which together more than offset lower marine revenue.As previously announced, Patrick completed the acquisition of Sportech, LLC, a supplier of high-value component solutions to the powersports industry on January 24th, representing the Company's largest acquisition to date.Operating margin increased 20 basis points to 6.4%. Excluding acquisition transaction costs and purchase accounting adjustments in both periods, adjusted operating margin increased 70 basis points year-over-y

ELKHART, Ind., April 18, 2024 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ:PATK) ("Patrick" or the "Company"), today announced that it will release its first quarter 2024 financial results before the market opens on Thursday, May 2, 2024. Patrick Industries will host a conference call on Thursday, May 2, 2024, at 10:00 a.m. Eastern Time to discuss results and other business matters. Participation in the question-and-answer session of the call will be limited to institutional investors and analysts. The dial-in number for the live conference call is (877) 407-9036. Interest

Fourth Quarter and Full Year 2023 Highlights (compared to Fourth Quarter 2022 unless otherwise noted) Fourth quarter net sales of $781 million decreased 18% as a result of lower OEM wholesale unit shipments in our end markets and lower pricing passed on to our customers to reflect changes in certain commodity costs.Fourth quarter and full year 2023 diluted earnings per share (EPS) was $1.41 and $6.50, respectively. Fourth quarter and full year 2023 EPS included approximately $0.08 and $0.21, respectively, of one-time, non-recurring expenses related to tornado damage, severance, and facility consolidations, net of a favorable fair-value measurement adjustment.Operating margin for the fourth q

ELKHART, Ind., Jan. 24, 2024 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ:PATK) ("Patrick" or the "Company"), a leading component solutions provider for the Outdoor Enthusiast and Housing markets, announced today that it has completed its previously announced $315 million acquisition of Sportech, LLC, a leading designer and manufacturer of high-value, complex component solutions to powersports OEMs, adjacent market OEMs and the aftermarket.  "This acquisition helps to solidify our presence as a key component solutions supplier to the Powersports market and aftermarket, and

ELKHART, Ind., Jan. 11, 2024 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ:PATK) ("Patrick" or the "Company"), a leading component solutions provider for the Outdoor Enthusiast and Housing markets, today announced that it has signed a definitive agreement to acquire Sportech, LLC ("Sportech") for approximately $315 million. The transaction is expected to close on or before January 24, 2024, and is subject to customary closing conditions and regulatory approval. Sportech, based in Elk River, Minnesota, is a leading designer and manufacturer of high-value, complex component s

ELKHART, Ind., Oct. 12, 2023 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ:PATK) ("Patrick" or the "Company") today announced that it will release its third quarter and nine months 2023 financial results before the market opens on Thursday, October 26, 2023. Patrick Industries will host a conference call on Thursday, October 26, 2023 at 10:00 a.m. Eastern Time to discuss results and other business matters. Participation in the question-and-answer session of the call will be limited to institutional investors and analysts. The dial-in number for the live conference call is (

Second Quarter 2023 Highlights (compared to Second Quarter 2022 unless otherwise noted) Net sales of $921 million decreased 38%, primarily due to a 44% reduction in RV industry wholesale unit shipmentsGross profit of $210 million decreased 36%, gross margin increased 60 basis points to 22.8%Operating income of $76 million decreased 57%, operating margin decreased 360 basis points to 8.2%Net income of $42 million decreased 64%Diluted earnings per share of $1.94 decreased 59%Adjusted EBITDA of $114 million decreased 46%, adjusted EBITDA margin decreased 200 basis points to 12.4%Inventory reduction of $113 million from year-end 2022 and $184 million from the second quarter of 2022Cash provided

ELKHART, Ind., July 13, 2023 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ:PATK) (the "Company") today announced that it will release its second quarter and six months 2023 financial results before the market opens on Thursday, July 27, 2023. Patrick Industries will host a conference call on Thursday, July 27, 2023 at 10:00 a.m. Eastern Time to discuss results and other business matters. Participation in the question-and-answer session of the call will be limited to institutional investors and analysts.  The dial-in number for the live conference call is (877) 407-9036. Int

First Quarter 2023 Highlights (compared to First Quarter 2022 unless otherwise noted) Net sales of $900 million decreased 33%, as 25% growth in our marine end-market sales partially offset the impact of a 54% reduction in RV industry wholesale shipments on our RV salesGross profit of $194 million decreased 34%, gross margin decreased 40 basis points to 21.6%Operating income of $56 million decreased 65%, operating margin decreased 590 basis points to 6.2%Net income of $30 million decreased 73%Diluted earnings per share of $1.35 decreased 70%Adjusted EBITDA of $97 million decreased 49%, adjusted EBITDA margin decreased 350 basis points to 10.8%Cash used in operations of $1 million improved com

ELKHART, Ind., April 13, 2023 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ:PATK) (the "Company") today announced that it will release its first quarter 2023 financial results before the market opens on Thursday, April 27, 2023. Patrick Industries will host a conference call on Thursday, April 27, 2023 at 10:00 a.m. Eastern Time to discuss results and other business matters. Participation in the question-and-answer session of the call will be limited to institutional investors and analysts.  The dial-in number for the live conference call is (866) 682-6100. Interested parti

Fourth Quarter 2022 Highlights (compared to Fourth Quarter 2021 unless otherwise noted) Net sales of $952 million decreased 17%, with increased marine and manufactured housing revenue partially offsetting a 47% wholesale unit shipment decline in the RV end marketGross margin of 21.1% increased 130 basis pointsOperating income of $68 million decreased 29%Operating margin of 7.1% decreased 120 basis pointsNet income of $40 million decreased 34%Diluted earnings per share decreased 36% to $1.68, including a reduction of $0.14 per share for the impact of the accounting treatment for convertible notesAdjusted EBITDA of $108 million decreased 16%Operating cash flows of $182 million increased 74%Acq

ELKHART, Ind., Jan. 26, 2023 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ:PATK) (the "Company") today announced it will release its fourth quarter and twelve months 2022 financial results before the market opens on Thursday, February 9, 2023. Patrick Industries will host a conference call on Thursday, February 9, 2023 at 10:00 a.m. Eastern Time to discuss results and other business matters. Participants on the call will be Andy Nemeth – Chief Executive Officer, Jeff Rodino – President, and Jake Petkovich – Chief Financial Officer. Participation in the question-and-answer s

Third Quarter 2022 Highlights (compared to Third Quarter 2021 unless otherwise noted) Net sales of $1.11 billion increased 5%, reflecting growth in our marine and housing markets, partially offset by a 40% reduction in RV OEM shipmentsGross profit of $236 million increased 14%Gross margin of 21.3% increased 170 basis pointsOperating income of $93 millionOperating margin of 8.3% decreased 50 basis pointsNet income of $59 million increased 2%Diluted earnings per share of $2.43 includes a reduction for the impact of the accounting treatment for convertible notes of $0.20 per shareOperating cash flows of $156 million increased 126%Returned $14 million to shareholders in the quarter, including $7

ELKHART, Ind., Oct. 13, 2022 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ:PATK) today announced that it expects to release its third quarter and nine months 2022 financial results before the market opens on Thursday, October 27, 2022. Patrick Industries also expects to host a conference call on Thursday, October 27, 2022 at 10:00 a.m. Eastern Time to discuss results and other business matters. Participants on the call will be Andy Nemeth – Chief Executive Officer, Jeff Rodino – President, and Jake Petkovich – Chief Financial Officer. Participation in the question-and-answe

Second Quarter 2022 Highlights (compared to Second Quarter 2021 unless otherwise noted) Net sales of $1.5 billion increased 45%, reflecting contributions from all end markets and from 2021 and 2022 acquisitionsGross profit of $327 million increased 60%Gross margin of 22.2% increased 220 basis pointsOperating income of $174 million increased 83%Operating margin of 11.8% increased 250 basis pointsNet income of $117 million increased 98%Diluted earnings per share of $4.79 increased 90%, and includes a reduction for the impact of the accounting treatment for convertible notes and purchase accounting inventory step-up adjustments totaling $0.52 per shareOperating cash flows of $97 million increas

ELKHART, Ind., July 14, 2022 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ:PATK) today announced that it expects to release its second quarter and six months 2022 financial results before the market opens on Thursday, July 28, 2022. Patrick Industries also expects to host a conference call on Thursday, July 28, 2022 at 10:00 a.m. Eastern Time to discuss results and other business matters. Participants on the call will be Andy Nemeth – Chief Executive Officer, Jeff Rodino – President, and Jake Petkovich – Chief Financial Officer. Participation in the question-and-answer sess

First Quarter 2022 Highlights (compared to First Quarter 2021 unless otherwise noted) Net sales of $1.3 billion increased 58%, reflecting momentum in all end markets and contribution from 2021 acquisitionsGross profit of $295 million increased 83%Gross margin of 22.0% increased 300 basis pointsOperating income of $162 million increased 136%Operating margin of 12.1% increased 400 basis pointsNet income of $113 million increased 137%Diluted earnings per share of $4.54 increased 123%, including $0.39 dilutive impact of accounting treatment for convertible notes per new standardAcquisition of Rockford Corporation and the Rockford Fosgate® brandELKHART, Ind., April 28, 2022 /PRNewswire/ -- Patric

ELKHART, Ind., April 14, 2022 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ:PATK) today announced that it expects to release its first quarter 2022 financial results before the market opens on Thursday, April 28, 2022. Patrick Industries also expects to host a conference call on Thursday, April 28, 2022 at 10:00 a.m. Eastern Time to discuss results and other business matters. Participants on the call will be Andy Nemeth – Chief Executive Officer, Jeff Rodino – President, and Jake Petkovich – Chief Financial Officer. Participation in the question-and-answer session of the ca

ELKHART, Ind., March 7, 2022 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ:PATK) ("Patrick" or the "Company") announced today that it has completed its previously announced acquisition by merger of Arizona-based Rockford Corporation ("Rockford") and the Rockford Fosgate® brand. Rockford is a global leader in the design and distribution of premier, high-performance audio systems and components, primarily serving the powersports, marine, and automotive markets and aftermarkets. "We are extremely excited about the attractive market dynamics and expansion opportunities this acq

ELKHART, Ind., Feb. 10, 2022 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ:PATK), a leading component solutions provider for the RV, marine, manufactured housing ("MH") and industrial markets, today reported record financial results for the fourth quarter and full year ended December 31, 2021. Net sales in the fourth quarter of 2021 increased $375 million, or 49%, to $1.1 billion from $773 million in the fourth quarter of 2020. Strong performance in both our leisure lifestyle and housing markets drove results in the fourth quarter of 2021. Operating income of $95 million i

ELKHART, Ind., Jan. 27, 2022 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ:PATK) today announced that it expects to release its fourth quarter and twelve months 2021 financial results before the market opens on Thursday, February 10, 2022. Patrick Industries also expects to host a conference call on Thursday, February 10, 2022 at 10:00 a.m. Eastern Time to discuss results and other business matters. Participants on the call will be Andy Nemeth – Chief Executive Officer, Jeff Rodino – President, and Jake Petkovich – Chief Financial Officer. Participation in the question-and-

ELKHART, Ind., Oct. 28, 2021 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ:PATK), a leading component solutions provider for the RV, marine, manufactured housing ("MH") and industrial markets today reported financial results for the third quarter ended September 26, 2021. Net sales in the third quarter of 2021 increased $359.5 million, or 51%, to $1.1 billion from $700.7 million in the third quarter of 2020. The increase reflects continued strong performance in our RV and marine leisure lifestyle markets as well as the MH and industrial end markets. Operating income of $93.

ELKHART, Ind., Oct. 14, 2021 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ:PATK) today announced that it expects to release its third quarter and nine months 2021 financial results before the market opens on Thursday, October 28, 2021. Patrick Industries also expects to host a conference call on Thursday, October 28, 2021 at 10:00 a.m. Eastern Time to discuss results and other business matters. Participants on the call will be Andy Nemeth – Chief Executive Officer, Jeff Rodino – President, and Jake Petkovich – Chief Financial Officer. Participation in the question-and-answe