PATRICK INDUSTRIES INC
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See all $PATK insider activity →Patrick Industries (PATK) CEO expects a DOJ response by Oct. 9 on its merger with LCI Industries (LCII). The companies refiled merger notifications, with a waiting period expiring Oct. 9. Combined 12-month revenue is $8.1B. The deal, announced in June, values LCI shareholders at 1.2440 PATK shares per LCII share, with expected $150M in synergies. The merger requires regulatory and shareholder approvals.
Truist adjusted its price target for Patrick Industries to $108 from $113 while keeping a Buy rating, according to the note cited in the article. The stock is shown around $87.46 in the market data displayed, with the article dated Aug. 10, 2026.
Patrick Industries reported Q2 net income of $43.4 million, up from $32.4 million a year earlier. Net sales were $1.04 billion, slightly below $1.05 billion. The company cited a 15% drop in RV end-market revenue, partly offset by growth in marine, powersports and housing. It also announced a merger with LCI Industries expected to close in H1 2027.
Recent PATK coverage spans earnings, mergers & acquisitions and financial news.
Potential approval could unlock $150 M synergies and boost revenue, likely supporting the stock.
The analyst target reduction is a modest negative signal, but the maintained Buy rating suggests the core thesis is unchanged.
Earnings show resilience despite RV demand headwinds, but the key swing factor is weaker RV wholesale shipments offset by marine, powersports, and housing.
Diversification cushioned revenue, but margins and cash flow weakened, while the pending LCI merger adds deal-related execution and cost risk.
The earnings beat on net income is being offset by margin compression and weaker cash flow, keeping the market focused on execution and 2026 margin trajectory.
AlphAI scores every news story that mentions PATK with an AI model for sentiment and relevance, and aggregates insider trades from PATRICK INDUSTRIES INC's SEC EDGAR Form 4 filings. Figures refresh continuously.
Patrick Industries (PATK) CEO expects a DOJ response by Oct. 9 on its merger with LCI Industries (LCII). The companies refiled merger notifications, with a waiting period expiring Oct. 9. Combined 12-month revenue is $8.1B. The deal, announced in June, values LCI shareholders at 1.2440 PATK shares per LCII share, with expected $150M in synergies. The merger requires regulatory and shareholder approvals.
2 min readTruist adjusted its price target for Patrick Industries to $108 from $113 while keeping a Buy rating, according to the note cited in the article. The stock is shown around $87.46 in the market data displayed, with the article dated Aug. 10, 2026.
1 min readPatrick Industries reported Q2 net income of $43.4 million, up from $32.4 million a year earlier. Net sales were $1.04 billion, slightly below $1.05 billion. The company cited a 15% drop in RV end-market revenue, partly offset by growth in marine, powersports and housing. It also announced a merger with LCI Industries expected to close in H1 2027.
2 min readPatrick Industries reported Q2 2026 net sales of $1.04B, down less than 1% from $1.05B. Marine revenue rose 22% and Powersports rose 28%, offsetting a 15% RV revenue decline to $407M as RV wholesale unit shipments fell 16%. Operating income fell to $77M and operating margin to 7.4% from 8.3%. Adjusted EBITDA fell to $126M. Patrick signed an all-stock merger agreement with LCI Industries.
4 min readSimply Wall St reports Patrick Industries (PATK) shares fell about 1.7% to ~$82.55 after its Q2 release. The quarter showed revenue of ~$1.04b and basic EPS of ~$1.36. Net income excluding special items rose to ~$43.4m, but adjusted EBITDA margin slipped to 12.1% from 12.9%, with operating cash flow down YTD to ~$69m.
6 min readThat gap implied a seasonal dealer inventory reduction of about 21,600 units. Estimated RV dealer inventory was 18 to 20 weeks on hand at quarter-end, below 20 to 22 weeks at the end of the first quarter and below pre-pandemic averages of 26 to 30 weeks. Despite the shipment decline, Patrick estimated trailing-12-month RV content per unit increased 7% to $5,303. Quarterly content per unit rose 2% year over year.
4 min readPatrick Industries reported fiscal Q2 net sales of $1.04B, essentially flat year over year, as marine, powersports and housing gains offset a double-digit RV revenue decline from lower wholesale unit shipments. Net income rose 34% to $43M. Marine revenue rose 22% to $191M. The company is progressing toward an all-stock merger with LCI Industries.
4 min readPatrick Industries, Inc. has reported past second-quarter 2026 results showing sales of US$1,041.7 million, with net income rising to US$43.42 million and diluted earnings per share from continuing operations increasing to US$1.28 compared with the prior year.
6 min readPatrick Industries (PATK) reported Q2 for the quarter ended June 2026 revenue of $1.04B, down 0.6% year over year, and EPS of $1.29 versus $1.50 a year earlier. Revenue beat the Zacks consensus by 4.29% and EPS by 4.88%. Segment net sales included RV $407M (-15% YoY), powersports $123M (+28.1%), and marine $191M (+22.4%).
4 min readPATRICK INDUSTRIES INC (PATK) filed an SEC Form 8-K — Results of Operations and Financial Condition. News Release Patrick Industries, Inc. Reports Second Quarter 2026 Financial Results ELKHART, IN, July 30, 2026 – Patrick Industries, Inc. (NASDAQ: PATK) ("Patrick" or the "Company"), a leading component solutions provider for the Outdoor Enthusiast and Housing markets, today repo
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