Patrick Industries' stock surged 5.78% during Thursday's intraday trading session, following the release of its fourth-quarter financial results.
The component solutions provider reported Q4 net sales of $924 million, a 9% increase year-over-year, which significantly exceeded analyst consensus estimates of approximately $857 million. Adjusted earnings per share also came in strong at $0.84, beating the $0.73 estimate. Furthermore, the company's adjusted EBITDA of $105 million surpassed expectations of $98.1 million.
The results were driven by organic content gains in Outdoor Enthusiast markets and recent acquisitions. The company also declared a quarterly cash dividend and outlined a focus on acquisitions, organic growth, and automation initiatives for 2026 to enhance long-term earnings power.