---
schema_version: "secwatch.filing_event.v1"
accession: "0000076605-24-000179"
form_type: "8-K"
ticker: "PATK"
cik: "0000076605"
company_name: "PATRICK INDUSTRIES INC"
filed_at: "2024-10-31T23:59:59+00:00"
generated_at: "2026-05-30T07:49:05.836955+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Patrick Industries Q3 net sales up 6% to $919M; issues $500M notes to refinance higher-cost debt

## Summary
- Net sales $919M (+6% YoY); Housing +13%, Marine -21%, RV -1%.
- Net income $41M (+3%), diluted EPS $1.80; adjusted diluted EPS nine months +13% to $5.75.
- Closed RecPro acquisition on Sept 6, expanding RV aftermarket presence.
- Subsequently issued $500M 6.375% Senior Notes due 2032; redeemed $500M 7.5% notes due 2027.
- Amended credit facility to $1.0B, extended maturity to Oct 2029; net leverage 2.6x, liquidity $458M.

## SEC filing metadata
- accession: 0000076605-24-000179
- form_type: 8-K
- ticker: PATK
- cik: 0000076605
- company_name: PATRICK INDUSTRIES INC
- filed_at: 2024-10-31T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/76605/000007660524000179/0000076605-24-000179-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/76605/000007660524000179/patk-20241031.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000076605-24-000179
- JSON: https://secwatch.observer/filing/0000076605-24-000179.json
- Plain text: https://secwatch.observer/filing/0000076605-24-000179.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
