Patrick Industries (PATK) Reports In-Line Q4 EPS

Go back to Patrick Industries (PATK) Reports In-Line Q4 EPS

Patrick Industries, Inc. Reports Fourth Quarter and Full Year 2016 Financial Results

February 16, 2017 8:27 AM EST

ELKHART, Ind., Feb. 16, 2017 /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, 2016. 

Fourth Quarter 2016 Financial Results

Net sales for the fourth quarter of 2016 increased $75.2 million or 30%, to $323.9 million from $248.7 million in the same quarter of 2015.  The increase was primarily attributable to a 29% increase in the Company's revenue from the RV industry, which reflected the incremental contribution from... More