Patrick Industries, Inc. (NASDAQ:PATK) Q4 2022 Earnings Conference Call February 9, 2023 10:00 AM ET

Company Participants

Steve O'Hara - Vice President, Investor Relations

Andy Nemeth - Chief Executive Officer

Jeff Rodino - President

Jake Petkovich - Chief Financial Officer

Conference Call Participants

Scott Stember - ROTH MKM Partners

Mike Swartz - Truist Securities

Daniel Moore - CJS Securities

Craig Kennison - Baird

Rafe Jadrosich - Bank of America

Operator

Good morning, ladies and gentlemen, and welcome to Patrick Industries' Fourth Quarter 2022 Earnings Conference Call. My name is Latanya, and I'll be your operator for today's call. At this time, all participants are in a listen-only mode. [Operator Instructions] Please note that this conference is being recorded.

And I will now turn the call over to Mr. Steve O'Hara, Vice President of Investor Relations. Mr. O'Hara, you may begin.

Steve O'Hara

Good morning, everyone, and welcome to our call this morning. I'm joined on the call today by Andy Nemeth, CEO; Jeff Rodino, President; and Jake Petkovich, CFO. Certain statements made in today's conference call regarding Patrick Industries and its operations may be considered forward-looking statements under the securities laws. There are a number of factors, many of which are beyond the company's control, which could cause the actual results and events to differ materially from those described in the forward-looking statements.

These factors are identified in our press releases, our Form 10-K for the year ended 2021 and then in our other filings with the Securities and Exchange Commission. We undertake no obligation to update these statements to reflect circumstances or events that occur after the date the forward-looking statements are made. I would now like to turn the call over to Andy Nemeth.

Andy Nemeth

Thank you, Steve. Good morning, ladies and gentlemen, and thank you for joining us on the call today. As we reflect on another year of record operating results and financial performance in 2022, we want to, first and foremost, recognize our team's incredible dedication and tireless commitment to manage our business and serve our customers in-light of some of the most dynamic market conditions across each of our end markets in recent memory.

Fiscal 2022 was the tale of two halves, as we'll talk about, and we see the third and fourth quarters and full-year 2022 is proof that our plan to build a stronger and more diversified company is working and driving margin and operating resilience. In the first half of 2022, demand trends across all end markets were solid, although economic headwinds were building.