secwatch.observer — SEC 8-K summary
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Issuer:     PATRICK INDUSTRIES INC (PATK)
CIK:        0000076605
Form:       8-K
Filed at:   2026-07-30T12:54:06+00:00
Accession:  0000076605-26-000069
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Patrick Industries Q2 net sales $1.04B, adjusted EPS $1.29; RV revenue down 15%
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- Net sales $1.04B (-1% YoY); operating income $77M (7.4% margin); adjusted EBITDA $126M (12.1% margin).
- Adjusted diluted EPS $1.29 vs $1.50 YoY; net income $43M (+34%) includes prior-year legal settlement.
- RV revenue fell 15% to $407M; Marine +22%, Powersports +28%, Housing +2% offset decline.
- Trailing 12-month free cash flow $128M; returned $106M to shareholders ($91M buybacks, $15M dividends).
- Subsequent to quarter, all-stock merger with LCI Industries announced June 30, 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/76605/000007660526000069/0000076605-26-000069-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/76605/000007660526000069/patk-20260730.htm
  HTML page:      https://secwatch.observer/filing/0000076605-26-000069

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