PATK Stock Recent News

ELKHART, Ind. , May 27, 2025 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ: PATK) ("Patrick" or the "Company"), a leading component solutions provider for the Outdoor Enthusiast and Housing markets, will participate in the upcoming Baird 2025 Global Consumer, Technology & Services Conference to be held in New York, NY from June 3-5, 2025.

ELKHART, Ind. , May 19, 2025 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ: PATK) ("Patrick" or the "Company"), a leading component solutions provider for the Outdoor Enthusiast and Housing markets, announced that Jake Petkovich will rejoin Patrick as President – Marine, succeeding Rick Reyenger, effective May 19, 2025.

ELKHART, Ind. , May 16, 2025 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ: PATK) today announced that on May 15, 2025, its Board of Directors (the "Board") declared a quarterly cash dividend on its common stock of $0.40 per share.

Buying during tough times can yield strong long-term returns; Patrick Industries, despite recent challenges, remains a solid 'buy' candidate for long-term investors. Patrick Industries has shown strong performance, with a 97.2% stock increase since January 2022, outperforming the broader market's 27.1% gain. Despite mixed recent financial results and economic challenges, Patrick Industries' shares are considered cheap and potentially lucrative for long-term investors.

Patrick Industries, Inc. (NASDAQ:PATK ) Q1 2025 Results Conference Call May 1, 2025 10:00 AM ET Company Participants Steve O'Hara - VP of Investor Relations Andy Nemeth - Chief Executive Officer Jeffrey Rodino - President Andrew Roeder - EVP, Finance, CFO, & Treasurer Conference Call Participants Mike Swartz - Truist Securities Joe Altobello - Raymond James Noah Zatzkin - KeyBanc Capital Markets Tristan Thomas-Martin - BMO Capital Markets Alex Perry - Bank of America Alice Wycklendt - Baird Daniel Moore - CJS Securities Scott Stember - ROTH MKM Operator Good morning, ladies and gentlemen, and welcome to Patrick Industries First Quarter 2025 Earnings Conference Call. My name is Shamali, and I'll be your operator for today's call.

Patrick Industries (PATK) came out with quarterly earnings of $1.11 per share, beating the Zacks Consensus Estimate of $0.98 per share. This compares to earnings of $1.19 per share a year ago.

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%.

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.

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.

ELKHART, Ind. , Feb. 27, 2025 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ: PATK) ("Patrick" or the "Company"), a leading component solutions provider for the Outdoor Enthusiast and Housing markets, will participate in three upcoming investor conferences in March.