Patrick Industries (PATK) Tops Q1 EPS by 10c
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Patrick Industries, Inc. Reports First Quarter 2016 Financial Results
April 28, 2016 8:22 AM EDTELKHART, Ind., April 28, 2016 /PRNewswire/ --Â 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 first quarter ended March 27, 2016.
First Quarter 2016 Financial Results
Net sales for the first quarter of 2016 increased $55.2 million or 25%, to $278.6 million from $223.4 million in the same quarter of 2015. The increase was primarily attributable to a 25% increase in the Company's revenue from the RV industry, which reflected the incremental contribution from acquisitions completed... More
