{"schema_version":"secwatch.filing_event.v1","accession":"0000076605-24-000048","form_type":"8-K/A","ticker":"PATK","cik":"0000076605","company_name":"PATRICK INDUSTRIES INC","filed_at":"2024-02-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.887596+00:00","generated_at":"2026-06-06T06:05:36.956329+00:00","sec_items":["2.02","7.01","8.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Patrick Industries Reports Q4 2023 Results: Sales Down 18%, Declares $0.55 Dividend","bullets":["Q4 net sales fell 18% to $781M; diluted EPS $1.41 vs $1.68 in prior year.","Adjusted EBITDA $100M, margin up 140 bps to 12.8%; full-year adjusted EBITDA $425M.","Declared quarterly cash dividend of $0.55 per share, payable March 4, 2024.","Completed $315M acquisition of Sportech in Jan 2024; repaid $260M of debt in 2023.","Full-year free cash flow $350M, up 5%; available liquidity $780M at year-end."],"urls":{"canonical":"https://secwatch.observer/filing/0000076605-24-000048","json":"https://secwatch.observer/filing/0000076605-24-000048.json","markdown":"https://secwatch.observer/filing/0000076605-24-000048.md","text":"https://secwatch.observer/filing/0000076605-24-000048.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/76605/000007660524000048/0000076605-24-000048-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/76605/000007660524000048/patk-20240205.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T06:05:36.956329+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":"c97e04af7c076c3688c27385ac1a0bfb952da3e8","claim":"PATRICK INDUSTRIES INC reported the full year ended December 31, 2023 results: revenue $3.5 billion, EPS $6.50.","evidence_excerpt":"Net sales of $3.5 billion decreased 29% from a record $4.9 billion in 2022, reflecting the impact of a 37% decline in RV wholesale unit shipments during the year","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/76605/000007660524000048/0000076605-24-000048-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the full year ended December 31, 2023"},{"label":"Revenue","value":"$3.5 billion"},{"label":"EPS","value":"$6.50"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"d1bfad2665741eaf53c653418e335e6423633113","claim":"PATRICK INDUSTRIES INC reported the fourth quarter ended December 31, 2023 results: revenue $781 million, net income $31 million, EPS $1.41.","evidence_excerpt":"Fourth quarter net sales decreased 18%, to $781 million from $952 million in the fourth quarter of 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/76605/000007660524000048/0000076605-24-000048-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter ended December 31, 2023"},{"label":"Revenue","value":"$781 million"},{"label":"Net income","value":"$31 million"},{"label":"EPS","value":"$1.41"},{"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"}