Patrick Industries, Inc. Reports First Quarter 2022 Financial Results
April 28, 2022
Patrick Industries, Inc. reported financial results for the first quarter ended March 27, 2022.
Net sales in the first quarter of 2022 increased $491.7 million, or 58%, to $1.3 billion from $850.5 million in the first quarter of 2021. Operating income of $161.8 million increased $93.3 million, or 136%, from $68.5 million in the first quarter of 2021. Net income was $112.7 million, an increase of 137% compared to $47.5 million in the first quarter of 2021. PR Newswire
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