Patrick Industries (PATK) Tops Q2 EPS by 12c
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Patrick Industries, Inc. Reports Second Quarter and Six Months 2016 Financial Results; Announces Expanded Credit Facility
July 28, 2016 8:04 AM EDTELKHART, Ind., July 28, 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 second quarter and six months ended June 26, 2016.  The Company also announced that it expanded its existing credit facility to $360 million.  Â
Second Quarter 2016 Financial Results
Net sales for the second quarter of 2016 increased $81.7 million or 35%, to $315.2 million from $233.5 million in the same quarter of 2015. The increase was primarily attributable to a 33%... More
