TEMPE, Ariz., Aug. 2, 2024 /PRNewswire/ -- Rockford Fosgate (www.rockfordfosgate.com), the industry leader in high-performance audio systems, is thrilled to partner with Polaris® to deliver Apex Audio Performance in select 2025 RZR models, including the new RZR Pro R, Pro S, and Pro XP Ultimate vehicles. Rockford Fosgate the industry leader in high-performance audio systems, is thrilled to partner with Polaris® to deliver Apex Audio Performance in select 2025 RZR models, including the new RZR Pro R, Pro S, ...

Patrick Industries (PATK) came out with quarterly earnings of $2.16 per share, beating the Zacks Consensus Estimate of $2.04 per share. This compares to earnings of $1.94 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 5.88%. A quarter ago, it was expected that this building products manufacturer would post earnings of $1.32 per share when it actually produced earnings of $1.79, delivering a surprise of 35.61%. Over the last ...

财务业绩 - 净销售额增加10%至10.17亿美元，主要由于RV收入增加17%、住房收入增加11%以及收购Sportech公司的贡献[2] - 营业利润率增加10个基点至8.3%，前六个月经调整营业利润率提高40个基点至7.7%[4] - 净收入增加13%至4800万美元，每股摊薄收益增加11%至2.16美元[5] - 前六个月经调整每股摊薄收益增加20%至3.95美元[5] - 经调整EBITDA增加14%至1.30亿美元，经调整EBITDA利润率增加40个基点至12.8%[2] - 前六个月经营活动产生的现金流为1.73亿美元，自由现金流为3.48亿美元[13] 资产负债表和现金流 - 资产负债表保持稳健，总净负债率为2.6倍，流动性为5.19亿美元[15] - 2023年上半年,公司经营活动产生的现金流量净额为1.78亿美元,投资活动使用的现金流量净额为6,550万美元,筹资活动使用的现金流量净额为1.02亿美元[31] - 2023年上半年,公司自由现金流为3.48亿美元[35] 分部业绩 - RV收入增加17%，每台RV的内容价值下降2%至4,966美元[9] - 住房收入增加11%，每台制造房屋的内容价值增加1%至6,427美元[12] - 收购Sportech公司带来动力运动产品收入增加185%[11] 其他财务指标 - 加权平均股份数 - 基本为21,724,000股,稀释为22,169,000股[32] - 2023年上半年,公司净利润为7,253万美元,调整后EBITDA为2.42亿美元[34] - 2023年第二季度,公司营业利润率为8.3%,调整后营业利润率为8.3%[37] - 2023年第二季度,公司每股摊薄收益为2.16美元,调整后每股摊薄收益为2.16美元[38][39] - 公司提供了多种非GAAP财务指标,如净负债率、每单元内容、净债务、自由现金流、EBITDA、调整后EBITDA、调整后净收益、调整后每股摊薄收益等[33] - 公司在报告中解释了这些非GAAP指标的计算方法和用途[33] - 公司在报告中提供了这些非GAAP指标的历史数据和当期数据[34][35][37][38][39]

Second Quarter 2024 Highlights (compared to Second Quarter 2023 unless otherwise noted) Net sales increased 10% to $1.02 billion driven by a 17% increase in RV revenue, an 11% increase in Housing revenue, and our first quarter acquisition of Sportech, which together more than offset a 30% decline in Marine revenue. Operating margin increased 10 basis points to 8.3%. For the first six months of 2024, operating margin on an adjusted basis improved 40 basis points to 7.7%. Net income increased 13% to $48 milli ...

ELKHART, Ind., July 18, 2024 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ: PATK) ("Patrick" or the "Company"), today announced that it will release its second quarter and six months 2024 financial results before the market opens on Thursday, August 1, 2024.Patrick Industries will host a conference call on Thursday, August 1, 2024 at 10:00 a.m. Eastern Time to discuss results and other business matters. Participation in the question-and-answer session of the call will be limited to institutional investor ...

TEMPE, Ariz., July 10, 2024 /PRNewswire/ -- Rockford Fosgate (www.rockfordfosgate.com), the industry leader in high-performance audio systems, is excited to introduce a 300-watt subwoofer system purpose-built to deliver true on-road bass performance. Building on the popularity of Harley-Davidson® Audio Powered by Rockford Fosgate sound systems, owners of 2023 and later Harley-Davidson® CVO touring bikes with the Skyline infotainment units can now add subwoofers built to the exact specifications of their sad ...

ELKHART, Ind., July 2, 2024 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ: PATK) ("Patrick" or the "Company"), a leading component solutions provider for the Outdoor Enthusiast and Housing markets, will participate in CJS Securities 24th Annual "New Ideas" Summer Conference on July 10, 2024. Andy Nemeth, Chief Executive Officer, will give a presentation and participate in one-on-one meetings with institutional investors and analysts. The conference will be held at the Metropolis Country Club in White Pla ...

TEMPE, Ariz., July 2, 2024 /PRNewswire/ -- Rockford Fosgate (www.rockfordfosgate.com), the industry leader in high-performance audio, has partnered with the City of Sturgis for the tenth consecutive year as the "Official Motorcycle Audio Sponsor" of the Sturgis® Motorcycle Rally™ being held August 2nd – 10th and will also be an official sponsor of the "22nd Anniversary Mayor's Ride," held during the Motorcycle Rally™. Rockford Fosgate® - "Official Motorcycle Audio Sponsor" of the 84th Annual Sturgis® Mo ...

ELKHART, Ind., May 28, 2024 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ: PATK) ("Patrick" or the "Company"), a leading component solutions provider for the Outdoor Enthusiast and Housing markets, will participate in the upcoming Baird 2024 Global Consumer, Technology & Services Conference being held from June 4-6, 2024. On June 4th, Andy Nemeth, Chief Executive Officer, and Andy Roeder, Chief Financial Officer, will participate in one-on-one meetings and a fireside chat with institutional investors and ...

ELKHART, Ind., May 20, 2024 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ: PATK) today announced that on May 16, 2024, its Board of Directors (the "Board") declared a quarterly cash dividend on its common stock of $0.55 per share. The dividend is payable on June 17, 2024 to shareholders of record at the close of business on June 3, 2024.About Patrick Industries, Inc.Patrick (NASDAQ: PATK) is a leading component solutions provider serving the RV, Marine, Powersports and Housing markets. Since 1959, Patric ...