ELKHART, Ind., Oct. 14, 2016 /PRNewswire/ -- Patrick
Industries, Inc. (NASDAQ: PATK), a major manufacturer and
distributor of building and component products for the recreational
vehicle ("RV"), manufactured housing and industrial markets,
expects to release its third quarter 2016 financial results before
the market opens on Thursday, October
27, 2016.
Patrick Industries also expects to host a conference call on
Thursday, October 27, 2016 at
10:00 a.m. Eastern Time to discuss
results and other business matters. Participants on the call will
be Todd Cleveland - Chief Executive
Officer, Andy Nemeth - President,
and Josh Boone - Chief Financial
Officer.
Participation in the question-and-answer session of the call
will be limited to institutional investors and analysts. The
dial-in number for the live conference call is (888) 771-4371. The
access code is 43595381. Interested parties are invited to listen
to a live webcast of the call on Patrick's website at
www.patrickind.com under "Investor Relations." A replay
of the conference call will also be available via the Company's
investor relations website.
About Patrick Industries
Patrick Industries, Inc. (www.patrickind.com) is a major
manufacturer of component products and distributor of building
products serving the recreational vehicle, manufactured housing,
kitchen cabinet, office and household furniture, fixtures and
commercial furnishings, marine, and other industrial markets and
operates coast-to-coast through locations in 16 states. Patrick's
major manufactured products include decorative vinyl and paper
laminated panels, countertops, fabricated aluminum products,
wrapped profile mouldings, slide-out trim and fascia, cabinet doors
and components, hardwood furniture, fiberglass bath fixtures,
fiberglass and plastic component products, softwoods lumber,
interior passage doors, RV painting, simulated wood and stone
products, and slotwall panels and components. The Company also
distributes drywall and drywall finishing products, electronics and
audio systems components, wiring, electrical and plumbing products,
cement siding, raw and processed lumber, FRP products, interior
passage doors, roofing products, laminate and ceramic flooring,
shower doors, furniture, fireplaces and surrounds, interior and
exterior lighting products, and other miscellaneous products.
Forward-Looking Statements
This press release 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. Potential factors that could impact
results include: the impact of any economic downturns especially in
the residential housing market, a decline in consumer confidence
levels, pricing pressures due to competition, costs and
availability of raw materials, availability of commercial credit,
availability of retail and wholesale financing for residential and
manufactured homes, availability and costs of labor, inventory
levels of retailers and manufacturers, the financial condition of
our customers, retention and concentration of significant
customers, the ability to generate cash flow or obtain financing to
fund growth, future growth rates in the Company's core businesses,
the seasonality and cyclicality in the industries to which our
products are sold, realization and impact of efficiency
improvements and cost reductions, the successful integration of
acquisitions and other growth initiatives, interest rates, oil and
gasoline prices, adverse weather conditions impacting retail sales,
and our ability to remain in compliance with our credit agreement
covenants. In addition, national and regional economic
conditions may affect the retail sale of recreational vehicles and
residential and manufactured homes. The Company does not
undertake to update forward-looking statements, except as required
by law. Further information regarding these and other risks,
uncertainties and factors is contained in the section entitled
"Risk Factors" in the Company's Annual Report on Form 10-K for the
year ended December 31, 2015, and in
the Company's Form 10-Qs for subsequent quarterly periods, which
are filed with the Securities and Exchange Commission ("SEC") and
are available on the SEC's website at www.sec.gov.
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SOURCE Patrick Industries, Inc.