Patrick Industries Q1 net sales $997M, EPS $1.10; discusses potential merger with LCI Industries

PATRICK INDUSTRIES INC

2026-Q1 EPS reported $1.10 revenue$997,172,000

Net sales $997M vs $1,003M prior year; operating margin flat at 6.5%; net income up 3% to $39M.
Diluted EPS $1.10 vs $1.11; includes $0.10 dilution from convertible notes.
RV revenue down 7%, Marine up 14%, Powersports up 28%, Housing down 6%.
Confirmed discussions with LCI Industries regarding potential merger of equals; no terms assured.
Returned $31M to shareholders in Q1; $15M share repurchases in Q2 through April 29.

item 2.02item 7.01item 9.01

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.