Dana Nelsen

Patrick Industries CEO Andy Nemeth

RV Market Revenue Growth Drives Patrick’s Net Sales Increase

Patrick Industries, Inc., a component solutions provider for the outdoor enthusiast and housing markets, Thursday reported net sales, operating income and profit increases for the first quarter of 2025.

Net sales increased 7% to $1 billion compared to the first quarter of 2024, driven by revenue growth of 14% and 7% in the company’s RV and housing markets, respectively. The sales marked Patrick’s first $1 billion net sales quarter since the third quarter of 2022. The RV and housing sales increase more than offset a 4% decline in marine revenue and a 2% decline in powersports revenue.

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A picture of a group of young men and women cleaning up trash in a park

RV Industry Leaders Unite for Park Improvement Event

Lippert will support RVIA’s Emerging Leaders Coalition in its upcoming park improvement event scheduled for Thursday, May 15, at Bonneyville Mill County Park in Bristol, Indiana.

The event will be co-chaired by Michilah Grimes, Lippert social impact strategist, and Mike Gaeddert, Forest River general manager at Coachmen Catalina.

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