The company projects $150M in annual cost savings from its Lippert deal while forecasting 2026 RV wholesale volumes of 285,000 to 300,000 units.
Patrick Industries outlined a 2026 RV wholesale target of 285,000 to 300,000 units, aiming to achieve $150M in net annual run-rate cost synergies from its Lippert acquisition. The guidance reflects efforts to streamline operations and enhance profitability amid market conditions.
In Q2 2026, the company reported net sales of $1.04 billion, down less than 1% year-over-year, while adjusted earnings per diluted share reached $1.29. The results included $0.07 of dilution from convertible notes and related warrants, highlighting the impact of financing costs on earnings.
Management emphasized the strategic importance of the Lippert deal in driving long-term growth and efficiency gains. The cost synergy target underscores confidence in integrating operations to bolster margins.