Good morning, ladies and gentlemen, and welcome to Patrick IndustriesÂ' Fourth Quarter 2023 Earnings Conference Call. My name is Paul, and IÂ'll be your operator for todayÂ's call. [Operator Instructions] Please note that this conference is being recorded. Kip Ellis Andy Nemeth Our next question is from Tristan Thomas-Martin with BMO Capital Markets. As far as pricing, itÂ's a little interesting out there, because I think youÂ've heard a little bit about decontenting or smaller units and different mix out t ...

Oleh_Slobodeniuk Shares of Patrick Industries (NASDAQ:PATK) have recently seen a strong momentum run, with shares trading near their all-time highs around $100 per share. It has been a long time since I looked at the shares, in fact it was spring of 2017 when I called Patrick a great serial acquirer which could be bought on dips. Optically, shares have doubled since 2017, but in fact they have more than doubled as a 3-for-2 stock split was performed in 2017, making that on adjusted basis have more than doub ...

Thank you. Sure, Scott, this is Andy. I think that our aftermarket business was actually down just a little bit, which has been consistent with where it's been for a lot of the year. That being said, the margin profile on that business for us is very strong. And so it's performing a little bit better than our expectations as it relates to the margin, which is some of the benefit we've seen on that aftermarket side. So we're optimistic about it. I think, especially as you look at trends that we would expect ...

Company Participants Scott Stember - ROTH MKM Partners Noah Zatzkin - KeyBanc Capital Markets Craig Kennison - Robert W. Baird & Co. Daniel Moore - CJS Securities Griffin Bryan - D.A. Davidson & Co. Rafe Jadrosich - Bank of America Merrill Lynch Michael Swartz - Truist Securities Greetings, and welcome to the Patrick Industries Second Quarter 2023 Earnings Conference Call. [Operator Instructions]. As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Steve O'Hara, V ...

So it's -- I feel like we're in a really good spot overall an the investments that we made in our infrastructure, in our automation, in our IT and that we're making today, I believe are positioning us very well for when the market does pivot. We believe we'll be able to take advantage of that and leverage off those investments. So overall yes the answer is I believe we have a -- we continue to drive a solid value proposition as a buyer but also as Patrick overall. Operator A lot of speculation that was fuel ...

2004 2007 11:20 11 11 % PATRICK This presentation contains certain statements related to future results, our intentions, beliefs and expectations or predictions for the future which are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve a number of risks and uncertainties that could cause actual results to differ materially from either historical or anticipated results depending on a variety of factors. These r ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ……………… to ……………… Commission file number 000-03922 PATRICK INDUSTRIES, INC. (Exact name of registrant as specified in its charter) Indiana 35-1057796 (State or other jurisdict ...

Q4 2022 EARNINGS PRESENTATION February 9, 2023 Q4 2022 Earnings Presentation 1 FORWARD LOOKING STATEMENTS This presentation contains certain statements related to future results, our intentions, beliefs and expectations or predictions for the future which are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve a number of risks and uncertainties that could cause actual results to differ materially from either hi ...

For the full-year, our operating cash flow increased 63% to $412 million. Working capital was a source of cash in the second half of 2022 as we continue to manage inventory while ensuring we had adequate levels to support customer requirements. This remains a priority for our team, and we expect to continue to monetize our working capital into 2023. The incremental noncash accounting treatment impact of these shares in 2022 was $1.15 per share. We repurchased approximately 516,922 shares for a total cost of ...

Patrick Industries, Inc. (NASDAQ:PATK) Q3 2022 Earnings Conference Call October 27, 2022 10:00 AM ET Company Representatives Andy Nemeth - Chief Executive Officer Jeff Rodino - President Jake Petkovich - Chief Financial Officer Steve O'Hara - Vice President, Investor Relations Conference Call Participants Scott Stember - MKM Partners Daniel Moore - CJS Securities Rafe Jadrosich - Bank of America Operator Good morning ladies and gentlemen. Welcome to Patrick Industries, Third Quarter 2022 Earnings Conference ...