Monaco 2007 results - first quarter
RV Business < RVs and RVing  <  Roaming Times

Roaming Times - RV business news

Links - consumer reports, motorhome reviews and news, trailer and 5th wheel reviews and news, classifieds

Monaco first quarter
2007 results

(to March 31, 2007)
"We are pleased to report a profit for the quarter in the face of continuing challenges."

Monaco  reports revenues and earnings for the first quarter ended March 31, 2007:

First quarter 2007 revenues were $322.2 million, down 16.3% compared to $385.1 million in revenues for the first quarter 2006. First quarter 2007 gross profit was $36.0 million, down from $48.4 million a year ago. Operating income for the first quarter 2007 was $3.6 million, compared to $14.5 million for the first quarter 2006. Net income for the first quarter 2007 was $1.5 million, compared to $8.3 million a year ago. For the first quarter 2007, diluted earnings per share were $0.05 versus $0.28 for the same period last year.

Kay Toolson, Chairman and Chief Executive Officer of Monaco Coach Corporation, stated, "We are pleased to report a profit for the quarter in the face of continuing challenges in the motorhome and towables markets. We are also encouraged by our internal Class A retail registrations, which showed a 4% increase for the first quarter of 2007, compared to the first quarter of 2006, and we are up 8% year-to-date through mid-April as compared to the same period last year. While we remain optimistic about improved demographics and long-term growth prospects for our company and the industry, rising fuel prices and lower consumer confidence give us reasons to be cautious in our short-term outlook."

Full results press release here 
Latest RVing news headlines 

What do you think?  Add your comments below ...

   

Readers comments:

No records returned.

See what people say about Monaco RVs


Search RoTi Consumer Reports

Search 

Other RoTi news items about this company or subject:

Monaco RV present their "Next Generation of RV’s"

12/27/2010

“The Louisville show was a tremendous success for our company, our dealer partners and the RV industry” - RoTi RV press releases and RV news
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
Holiday Rambler - new dealer - River’s Bus & RV Sales, FL

/31/2010

Monaco RV announces River’s Bus & RV Sales of Jacksonville, Florida as its newest Holiday Rambler dealer - RoTi RV press releases and RV news
Holiday Rambler - new dealer - RV’s Northwest, WA

8/23/2010

Monaco RV announces RV’s Northwest as a new Holiday Rambler dealer. RV’s Northwest is located in Spokane Valley Washington - RoTi RV press releases and RV news
Holiday Rambler - new dealer - Scott Motor Coach, NJ

7/21/2010

Monaco RV announces Scott Motor Coach RV Center will carry the Holiday Rambler brand of motorhomes - RoTi RV press releases and RV news
Monaco RV launches towable giveaway sweepstakes!

7/15/2010

“The grand prize of a 2010 Holiday Rambler Campmaster travel trailer valued at $20,000..”
Monaco RV Great N. American RV Scavenger Hunt - win prizes!

6/2/2010

Looking for a great bonding activity with family and friends? Or finding new RVing friends? - RoTi RV press releases and RV news
Holiday Rambler - Alliance Coach, FL will carry HR motorhomes

6/18/2010

Monaco RV announces Alliance Coach of Wildwood FL, will carry the Holiday Rambler motorized brand of motorhomes - RoTi RV press releases and RV news
[1/6]

     
Search for previously-owned Monaco RVs

Search

Search the latest
2000 ads on RoTi

[../consumer/newrvs/include.htm]

RV manufacturers (open in new window):



Copyright 1999-2008 Roaming Times.  All rights reserved. Contact us. Terms of service.  Site Map.  About Us.  Corporate address: Roaming Times, 4575 E Bajada Rd., Cave Creek, AZ 85331

Roaming Times has thousands of pages of information - search the site with Google:

Google
www Roaming Times

 

 

Consumer Reports