Highest-materiality recent filing
Patrick Industries and LCI Industries terminate merger discussions; deal off
Companies unable to agree on certain key terms despite consensus on leadership and strategic vision.
Patrick Industries Q1 net sales $997M, EPS $1.10; discusses potential merger with LCI Industries
Net sales $997M vs $1,003M prior year; operating margin flat at 6.5%; net income up 3% to $39M.
Patrick Industries confirms merger-of-equals discussions with LCI Industries
Patrick Industries (PATK) is in discussions with LCI Industries (LCII) regarding a potential merger of equals.
Patrick Industries Q4 net sales up 9% to $924M; diluted EPS $0.83; dividend raised 17.5%
Net sales Q4 $924M (+9% YoY), full year $4.0B (+6%).
Patrick Industries Q3 net sales up 6% to $976M; EPS falls 16% to $1.01 on model-year changeover
Net sales $976M (+6% YoY) driven by market-share gains and acquisitions; operating income $66M vs $74M.
Patrick Industries Q2 adjusted EPS $1.50; GAAP EPS $0.96 on $18M legal charge
Net sales $1.05B (+3% YoY); RV revenue +7% to $479M, housing +3% to $315M.
Mr. Reyenger will remain with the Company and move to a strategic advisory role to support continuity and ensure a smooth and seamless transition across the Company’s Marine businesses.
Jake Petkovich will rejoin Patrick as President – Marine, succeeding Rick Reyenger, effective May 19, 2025.
Max materiality 0.80 · Median 0.50 · Most common event dividend