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Old 01-30-2005, 06:34 AM   #1
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Fleetwood Enterprises Inc. reported a 5% decline in revenues for its fiscal third quarter, ended Jan. 23, citing delayed orders from dealers and failure to adjust production prior to industry softening.
Recreational vehicle sales for the third quarter decreased 16% to $343 million compared with $410 million a year ago, as motorhome sales declined 15% to $231 million while towables dropped 19%.
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Old 01-30-2005, 06:34 AM   #2
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Fleetwood Enterprises Inc. reported a 5% decline in revenues for its fiscal third quarter, ended Jan. 23, citing delayed orders from dealers and failure to adjust production prior to industry softening.
Recreational vehicle sales for the third quarter decreased 16% to $343 million compared with $410 million a year ago, as motorhome sales declined 15% to $231 million while towables dropped 19%.
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Old 01-31-2005, 04:47 AM   #3
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That's not the only reason - there's this lawsuit problem with Coleman where the judge decided to award trebel damages. That's the main reason for the revenue problem. It's being appealed.
BTW, I notice that you're a Winnebago owner (according to your sig). Why the interest in FW?
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Old 01-31-2005, 10:36 AM   #4
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Just thought it was interesting info for all. I guess I should have posted in a different area. I also owned a Bounder before upgading to a DP. It was a good mh with few problems and would have stayed with a Fleetwood product but got a better deal on a Horizon.
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Old 01-31-2005, 12:54 PM   #5
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AND PAID MORE FOR IT I SURE we have a 2002 bounder and have not had any problems at all ..matter of fact have had fleetwood products since 1975 and never have had a problem..and still have money left over ...jim
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Old 01-31-2005, 01:30 PM   #6
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As I said, I had few problems with my Bounder. It was a good coach. Yes I paid more for a dp but that's what I wanted and certainly could afford. I have never looked back.
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Old 01-31-2005, 06:47 PM   #7
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I also noticed the same post in RV.Net ???
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Old 02-01-2005, 02:06 AM   #8
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I post what I think is interesting news about the RV industry in all the forums I frequent.
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Old 02-01-2005, 10:06 AM   #9
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Check the thread titled "RV Industry News"...
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