How Patrick Industries is dealing with potential Trump tariffs [Yahoo! Finance Canada]
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
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Source: Yahoo! Finance Canada
Nemeth states that the company's supply chain remains "very healthy." Addressing concerns about potential Trump tariffs, he explains that the company has proactively reduced its exposure to potentially affected countries to minimize impact. The CEO highlighted Patrick Industries' tiered product strategy, offering "a good, better, best" range of options. "Even if there is a little bit of a tariff impact, we offer the opportunity for them to downscale or decontent a little bit to offset some of that," Nemeth explained. Regarding current sales trends, Nemeth indicated that smaller, lower-priced units drive market demand, reflecting consumers' heightened price sensitivity. To watch more expert insights and analysis on the latest market action, check out more Market Domination here This post was written by Angel Smith Recommended Stories
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PATK
News
- Patrick Industries, Inc. (NASDAQ: PATK) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Patrick Industries to Participate in Upcoming Truist ConferencePR Newswire
- FTC's Microsoft probe, Trump tariffs, South Korea: Market Domination [Yahoo! Finance]Yahoo! Finance
- FTC's Microsoft probe, Trump tariffs, South Korea: Market Domination [Yahoo! Finance Canada]Yahoo! Finance Canada
- How Patrick Industries is dealing with potential Trump tariffs [Yahoo! Finance]Yahoo! Finance
PATK
Earnings
- 10/31/24 - Miss
PATK
Sec Filings
- 12/13/24 - Form 4
- 12/12/24 - Form 4
- 12/9/24 - Form 4
- PATK's page on the SEC website