{"schema_version":"secwatch.filing_event.v1","accession":"0000076605-23-000132","form_type":"8-K","ticker":"PATK","cik":"0000076605","company_name":"PATRICK INDUSTRIES INC","filed_at":"2023-07-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.622664+00:00","generated_at":"2026-06-13T01:27:51.865249+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Patrick Industries Q2 net sales $921M (-38% YoY); EPS $1.94 (-59%) amid 44% RV unit decline","bullets":["Net sales $921M (-38% YoY); diluted EPS $1.94 (-59%) as RV industry unit shipments fell 44%.","Adjusted EBITDA $114M (-46%); operating margin 8.2% vs 11.8% last year.","RV revenue $384M (-54%); Marine $268M (-8%); Housing $269M (-23%).","Content per unit up: RV +6% to $5,051, Marine +15% to $5,330, MH +11% to $6,411.","Cash from ops $179M (-$82M YoY); inventory down $184M YoY; net leverage 2.6x."],"urls":{"canonical":"https://secwatch.observer/filing/0000076605-23-000132","json":"https://secwatch.observer/filing/0000076605-23-000132.json","markdown":"https://secwatch.observer/filing/0000076605-23-000132.md","text":"https://secwatch.observer/filing/0000076605-23-000132.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/76605/000007660523000132/0000076605-23-000132-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/76605/000007660523000132/patk-20230727.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T01:27:51.865249+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"282798cf501bbe92f089182e658afd3f5eee2d5c","claim":"PATRICK INDUSTRIES INC reported the second quarter ended July 2, 2023 results: revenue $921 million, net income $42 million, EPS $1.94.","evidence_excerpt":"Patrick Industries, Inc. Reports Second Quarter 2023 Financial Results Second Quarter 2023 Highlights (compared to Second Quarter 2022 unless otherwise noted) • Net sales of $921 million decreased 38%, primarily due to a 44% reduction in RV industry wholesale unit shipments • Gross profit of $210 million decreased 36%, gross margin increased 60 basis points to","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/76605/000007660523000132/0000076605-23-000132-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the second quarter ended July 2, 2023"},{"label":"Revenue","value":"$921 million"},{"label":"Net income","value":"$42 million"},{"label":"EPS","value":"$1.94"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}