|
|
|
Just click on your interest - small travel trailers, fifth wheels, travel trailers,
motorhomes, luxury motorcoaches
|
|
|
Monaco
fourth
quarter
2007 results
(to December
29,
2007)
Swings
to
a
4Q
profit |
|
|
Monaco reported
today
(February
6th,
2008)
revenues and earnings for the for the
fourth quarter
and fiscal
year ended
December
29, 2007:
-
Revenues for the fourth quarter of 2007 were $292.1 million, or 2.4% lower than the $299.2 million in revenues for the fourth quarter of 2006. Gross profit for the period was $32.1 million, up 18.6% from $27.1 million a year ago.
-
For the fiscal year ended December 29, 2007, Monaco Coach reported revenues of $1.3 billion, level with fiscal year 2006 revenues. Gross profit for the year was $140.9 million, up 13.1% compared to $124.5 million for 2006.
-
Kay
Toolson, Chairman and Chief Executive Officer of Monaco Coach Corporation, stated, "We are very pleased with our 2007 results. The steps we have taken over the last 18 months to make the Company more efficient have significantly increased our profitability. We are committed to maintaining production levels that will produce optimal inventory levels for our dealer partners and the Company."
-
"Our Motorized RV Segment continues its strong momentum both in the marketplace and profitability. Our diesel Class A market share improved by over 10% through November, and our gasoline market share is also beginning to improve. We feel the Fed's recent interest rate cuts should help the RV market in the second half of 2008. We believe that while some RV buyers may delay their purchasing decisions when times are uncertain, they rarely leave the RV lifestyle and can be expected to return to purchase a new RV when their confidence is restored," said
Toolson.
-
"The changes we made throughout our manufacturing processes, including increasing efficiencies at our sub-assembly plants, and reconfiguring and consolidating production lines, have led to better gross margins," said John Nepute, President of Monaco Coach Corporation. "Our industry-leading dealer initiative, Franchise for the Future, has aided us in increasing market share in a down market. The Company will continue to implement our proven strategy of matching our production level with wholesale and retail demand to manage the need for incentives to move products to our dealer partners."
Read
the
full
press
release
here
Latest
RVing
news
headlines
What
do
you
think?
...
|
Readers'
comments:
Amberlee
:
Very valid, pithy, sucincct, and on point. WD.
Savion
:
This info is the cat's paamjas!
|
|
|
|
|
See what people say about Monaco
RVs |
|
|
|
RoTi
news
items
about Monaco:
| Monaco RV Rally October 2010
|
10/14/2010
|
| Monaco RV - "Rally attendees are the real winners at the Navistar LPGA Classic" - RoTi RV press releases and RV news
|
| COOL RVs - May 2010
|
5/7/2010
|
| Coleman-Thor travel trailers, Monaco Montclair motorhome, Earthbound travel trailer, R-Pod Ultra Lite travel trailer by Forest River, Forest River Georgetown motorhome, Jeep campers built by Livin Lite RV, Monaco Diplomat motorhome, 2010 Galileo RS travel trailer
|
| Monaco RV - Trailing Arm Upgrade Kits
|
4/20/2010
|
| "While Monaco RV, LLC was not the chassis manufacturer, it developed the kit in response to requests for a fully tested aftermarket product." RV press release with reviews
|
| Monaco RV to export to China
|
3/10/2010
|
| Monaco RV will be exporting the Monaco Montclair Class B+ motorhome to China - press release with link to Montclair review
|
| Monaco swings to 4Q profit
|
02/06/2008
|
| Motorized RV sales up 1.4%, towable RV sales down 7% - "some RV buyers may delay their purchasing but they will return"
|
| Monaco relocates towables
|
6/14/2007
|
| Holiday Rambler and McKenzie fifth-wheel and travel trailers production facility moves away from Elkhart
|
| Monaco motorhome news
|
4/28/2007
|
| Items specifically about motorhomes from the 2007 Monaco quarterly report
|
| RoTi reviews of new RVs
|
section
|
| There is at least one new RV review in the new RV review section for the term you searched.
|
|
|
|
|
|
|
|
|
|
|
