Patrick Industries (PATK) Tops Q4 EPS by 23c

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Patrick Industries, Inc. Reports Fourth Quarter and Full Year 2015 Financial Results

February 18, 2016 8:03 AM EST

ELKHART, Ind., Feb. 18, 2016 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ: PATK), a major manufacturer and distributor of building and component products for the recreational vehicle ("RV"), manufactured housing ("MH") and industrial markets, today reported its financial results for the fourth quarter and full year ended December 31, 2015.  

Fourth Quarter 2015 Financial Results

Net sales for the fourth quarter of 2015 increased $59.1 million or 31%, to $248.7 million from $189.6 million in the same quarter of 2014.  The increase was primarily attributable to a 32% increase in the Company's revenue from the RV industry, which reflected the incremental contribution from... More