Patrick Industries, Inc. (NASDAQ:PATK) Q2 2022 Earnings Conference Call July 28, 2022 10:00 AM ET

Company Participants

Julie Ann Kotowski - Director, IR

Andy Nemeth - CEO

Jeffrey Rodino - President

Jake Petkovich - CFO

Conference Call Participants

Brett Andress - KeyBanc

Craig Kennison - Baird

Scott Stember - MKM Partners

Daniel Moore - CJS Securities

Michael Swartz - Truist Securities

Rafe Jadrosich - Bank of America

Operator

Good morning, ladies and gentlemen, and welcome to Patrick Industries Second Quarter 2022 Earnings Conference Call. My name is Robert, and I'll be your operator for today's call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. [Operator Instructions] Please note, this conference is being recorded.

I would now like to turn the call over to your host, Ms. Julie Ann Kotowski from Investor Relations. You may begin.

Julie Ann Kotowski

Good morning, everyone, and welcome to our call this morning. I am 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 forward-looking statements.

These factors are identified in our press releases, our Form 10-K for the year ended 2021 and 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, Julie Ann. Good morning, ladies and gentlemen, and thank you for joining us on the call today. We're pleased to report our second quarter and first half 2022 results, which are a reflection of a number of factors as we will discuss. Most importantly, the dedication and commitment of our team members to serve our customers are better together culture and the continued execution of our strategic and operational initiatives.

Over the past 24 months, we've seen an incredible invigoration for the attractiveness of outdoor recreation and leisure lifestyle products. These meaningful and impactful quality of life alternatives prioritize quality time with family and friends and ushered in a significant increase in new leisure lifestyle participants seeking the enjoyment and exploration of the great outdoors. Additionally, both families and individuals found creative alternatives to travel, remote work environments and experiences through the use of RVs, boats and personal power sports products.