secwatch.observer — SEC 8-K summary
======================================

Issuer:     PATRICK INDUSTRIES INC (PATK)
CIK:        0000076605
Form:       8-K
Filed at:   2024-08-01T23:59:59+00:00
Accession:  0000076605-24-000136
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Patrick Industries Q2 net sales up 10% to $1.02B; EPS $2.16, +11%
-----------------------------------------------------------------

- Net sales $1.02B (+10% YoY); RV +17%, Housing +11%, Marine -30%.
- Diluted EPS $2.16 (+11%); net income $48M (+13%).
- Adjusted EBITDA $130M (+14%); margin 12.8% (+40 bps).
- Debt reduced $82M in Q2; net leverage 2.6x; liquidity $519M.
- Matthew S. Filer elected Chief Accounting Officer, effective May 16, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/76605/000007660524000136/0000076605-24-000136-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/76605/000007660524000136/patk-20240801.htm
  HTML page:      https://secwatch.observer/filing/0000076605-24-000136

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer