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To: richardred who wrote (1266)1/28/2014 12:15:47 PM
From: richardred  Read Replies (1) of 8239
 
RE: SKY still looking for a turnaround still in the red. However I saw this trend in Patrick industries which might have positive repercussions. With SKY it's their Manufactured housing sector that is showing improvement by numbers. Their RV business is still looking very bad. Ironically GLW reported today and the street was disappointed. RE:Possible repercussions from Apples interest in Sapphire glass. The CEO is not worried and neither am I. GLW might offer a good opportunity for myself to get in. There's no rush however.

Sorry I have no idea why my type is going bold. I so no bold in raw text to fix it.

ELKHART, Ind., Oct. 24, 2013 /PRNewswire/ -- Patrick Industries, Inc. (PATK), a major manufacturer and distributor of building and component products for the recreational vehicle ("RV"), manufactured housing ("MH") and industrial markets, today reported its financial results for the third quarter and nine months ended September 29, 2013.

Third Quarter 2013 Financial Results

Net sales for the third quarter of 2013 increased $33.7 million or 29.8%, to $146.6 million from $112.9 million in the same quarter of 2012. The increase was primarily attributable to a 35% increase in the Company's revenue from the RV industry, which represented approximately 70% of the Company's third quarter 2013 sales. Sales to the MH industry increased 16%, while sales to the industrial markets increased 25%. The Company estimates that RV industry wholesale unit shipments increased approximately 10% in the third quarter of 2013 compared to the prior year.
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