Reported about 22 hours ago
Patrick Industries CEO Andy Nemeth discussed the company's strategies in navigating potential Trump tariffs during an interview. He noted the robustness of their supply chain and the proactive steps taken to minimize exposure to affected countries. With a tiered product strategy, the company offers a range of options to mitigate tariff impacts. Moreover, sales trends show a shift towards smaller, lower-priced RV units, indicating increased price sensitivity among consumers.
Source: YAHOO