Patrick Industries (PATK) Tops Q3 EPS by 3c

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Patrick Industries, Inc. Reports Third Quarter and Nine Months 2016 Financial Results

October 27, 2016 8:31 AM EDT

ELKHART, Ind., Oct. 27, 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 third quarter and nine months ended September 25, 2016. 

Third Quarter 2016 Financial Results

Net sales for the third quarter of 2016 increased $89.4 million or 42%, to $304.2 million from $214.8 million in the same quarter of 2015.  The increase was primarily attributable to a 43% increase in the Company's revenue from the RV industry, which reflected the incremental contribution from... More