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ELKHART, Ind. , Aug. 15, 2025 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ: PATK) ("Patrick" or the "Company") today announced that on August 14, 2025, its Board of Directors (the "Board") declared a quarterly cash dividend on its common stock of $0.40 per share.
Patrick Industries has outperformed the S&P 500 since my initial "Buy" rating, with a 143% gain versus 44% for the index. Recent results are mixed: revenue and adjusted EPS beat expectations, but management lowered 2025 guidance and reported a drop in GAAP EPS. The housing segment is resilient due to a persistent U.S. housing shortage, supporting manufactured housing demand despite broader economic headwinds.
Patrick Industries, Inc. (NASDAQ:PATK ) Q2 2025 Earnings Conference Call July 31, 2025 10:00 AM ET Company Participants Andrew C. Roeder - CFO, Executive VP of Finance & Treasurer Andy L.
Patrick Industries (PATK -3.80%), a manufacturing leader in recreational vehicles (RVs), marine, powersports, and housing markets, released its second-quarter results on July 31, 2025. GAAP revenue was $1.05 billion, above the analyst estimate of $1.027 billion, representing a 3.0% increase from the same quarter last year.
While the top- and bottom-line numbers for Patrick Industries (PATK) give a sense of how the business performed in the quarter ended June 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Patrick Industries (PATK) came out with quarterly earnings of $1.5 per share, beating the Zacks Consensus Estimate of $1.41 per share. This compares to earnings of $1.44 per share a year ago.
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.
TEMPE, Ariz. , July 25, 2025 /PRNewswire/ -- Rockford Fosgate (www.rockfordfosgate.com), the leader in high-performance audio systems, is now shipping the next generation of TMS direct replacement motorcycle speakers.
TEMPE, Ariz. , July 25, 2025 /PRNewswire/ -- Rockford Fosgate (www.rockfordfosgate.com), the industry leader in high-performance audio systems, proudly introduces the next generation of motorcycle audio kits—engineered specifically for select 2023.5 and newer Harley-Davidson® models equipped with the Skyline OS infotainment system.
Patrick Industries (PATK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.