Patrick Industries Reports Q2 Financial Results
Patrick Industries Inc. reported financial results for the second quarter of 2026. Net sales were $1.04 billion, slightly down from $1.05 billion in t...
Patrick Industries Inc. reported financial results for the second quarter of 2026. Net sales were $1.04 billion, slightly down from $1.05 billion in the prior-year period. Revenue growth in Marine (22%), Powersports (28%), and Housing (2%) largely offset a 15% decline in RV end market revenue, driven by a 16% drop in RV industry wholesale unit shipments. Net income increased 34% to $43 million, and diluted EPS rose 33% to $1.28. The company also announced a merger agreement with LCI Industries.