Patrick Industries has outperformed the S&P 500 since my initial "Buy" rating, with a 143% gain versus 44% for the index. Recent results are mixed: revenue and adjusted EPS beat expectations, but management lowered 2025 guidance and reported a drop in GAAP EPS. The housing segment is resilient due to a persistent U.S. housing shortage, supporting manufactured housing demand despite broader econ...
Patrick Industries, Inc. (NASDAQ:PATK ) Q2 2025 Earnings Conference Call July 31, 2025 10:00 AM ET Company Participants Andrew C. Roeder - CFO, Executive VP of Finance & Treasurer Andy L.
Patrick Industries (PATK -3.80%), a manufacturing leader in recreational vehicles (RVs), marine, powersports, and housing markets, released its second-quarter results on July 31, 2025. GAAP revenue was $1.05 billion, above the analyst estimate of $1.027 billion, representing a 3.0% increase from the same quarter last year.
Second Quarter 2025 Highlights (compared to Second Quarter 2024 unless otherwise noted) Net sales increased 3% to $1.05 billion, driven by 7% growth in the Company's RV business and 3% growth in its Housing business, which more than offset reductions of 1% and 7% in the Company's Marine and Powersports businesses, respectively. Operating income increased 2% to $87 million, while operating marg...
TEMPE, Ariz. , July 25, 2025 /PRNewswire/ -- Rockford Fosgate (www.rockfordfosgate.com), the leader in high-performance audio systems, is now shipping the next generation of TMS direct replacement motorcycle speakers.
TEMPE, Ariz. , July 25, 2025 /PRNewswire/ -- Rockford Fosgate (www.rockfordfosgate.com), the industry leader in high-performance audio systems, proudly introduces the next generation of motorcycle audio kits—engineered specifically for select 2023.5 and newer Harley-Davidson® models equipped with the Skyline OS infotainment system.
TEMPE, Ariz. , July 21, 2025 /PRNewswire/ -- Rockford Fosgate, the leader in high-performance audio systems, is now shipping the next-generation Stage-6 aftermarket RZR Audio Kit, engineered to deliver unparalleled performance in the toughest SXS environments.
TEMPE, Ariz. , July 18, 2025 /PRNewswire/ -- Rockford Fosgate (www.rockfordfosgate.com), the industry leader in high-performance audio systems, is thrilled to announce the appointment of Josh Berry as Regional Sales Manager, OEM Marine.
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