Patrick Industries completes acquisition of LMI, Inc. [Seeking Alpha]
Patrick Industries, Inc. (PATK)
Last patrick industries, inc. earnings: 4/30 08:00 am
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US:NASDAQ Investor Relations:
phx.corporate-ir.net/phoenix.zhtml?c=93682&p=irol-irhome
Company Research
Source: Seeking Alpha
Patrick Industries completes acquisition of LMI, Inc.Patrick Industries (NASDAQ:PATK) completed the acquisition of LMI, Inc. and related companies for total cash consideration of ~$81M.The Company expects the acquisition to be immediately accretive to 2017 net income per share."LMI's excellent reputation has been built upon years of providing quality products and services and industry leading technical and installation expertise to its customer base," said Todd Cleveland, Chief Executive Officer of Patrick. "LMI's offerings complement our existing industrial product portfolio and further increase our RV content per unit, while also allowing us to provide a full suite of bath and shower products to both new and existing customers. This acquisition is well-aligned with our strategic initiatives and capital allocation strategy and represents an excellent opportunity to expand and diversify our presence in the industrial markets and enter new sales channels with large scale home builders,
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News
- Patrick Industries, Inc. Announces First Quarter 2024 Earnings Release and Conference Call Webcast on May 2, 2024 [Yahoo! Finance]Yahoo! Finance
- Patrick Industries, Inc. Announces First Quarter 2024 Earnings Release and Conference Call Webcast on May 2, 2024PR Newswire
- Down -8.63% in 4 Weeks, Here's Why You Should You Buy the Dip in Patrick Industries (PATK) [Yahoo! Finance]Yahoo! Finance
- Is Patrick Industries (PATK) a Great Value Stock Right Now? [Yahoo! Finance]Yahoo! Finance
- Analysts Estimate Patrick Industries (PATK) to Report a Decline in Earnings: What to Look Out for [Yahoo! Finance]Yahoo! Finance
PATK
Earnings
- 2/8/24 - Beat
PATK
Sec Filings
- 4/1/24 - Form ARS
- 4/1/24 - Form DEFA14A
- 4/1/24 - Form DEF
- PATK's page on the SEC website