Business Context and Reporting Period
Company: Patrick Industries, Inc. (NASDAQ: PATK)
Filing Type: Form 8-K (Current Report)
Date of Report: February 6, 2025
Reporting Period: Fourth Quarter ended December 31, 2024
This filing announces the release of operating results for the fourth quarter of 2024 and includes a declaration of a quarterly cash dividend.
Key Financial Metrics
The filing text serves as a notification of results and does not contain specific numerical data for revenue, profit, cash flow, margins, debt, or liquidity. These figures are referenced as being contained in the attached press release (Exhibit 99.1) and earnings presentation slides (Exhibit 99.2).
Dividend Declaration:
- Amount: $0.40 per share
- Record Date: February 18, 2025
- Payment Date: March 3, 2025
Material Changes
The filing does not provide specific comparative financial data or material changes versus the prior period. Investors must refer to the incorporated press release for year-over-year or quarter-over-quarter performance analysis.
Guidance, Outlook, and Risks
Management Commentary: The filing incorporates by reference a press release and earnings presentation slides which likely contain management commentary, outlook, and risk factors. The text of this 8-K does not explicitly detail guidance or specific risks.
Regulatory Note: Information furnished under Item 7.01 (Regulation FD Disclosure) is not deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 and is not incorporated by reference into other filings unless expressly stated.
Investor Verification Checklist
- Review Exhibit 99.1 (Press Release) for specific Q4 2024 revenue, net income, and EPS figures.
- Examine Exhibit 99.2 (Earnings Slides) for full-year guidance and management outlook.
- Verify the dividend payment date (March 3, 2025) and record date (February 18, 2025) for portfolio planning.
- Check for any unusual items or non-GAAP adjustments detailed in the attached press release.