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Skyline Corp. Reports Lower Sales, Earnings

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April 6, 2009 by   Comments Off on Skyline Corp. Reports Lower Sales, Earnings

Skyline Corp. reported fiscal 2009 third quarter sales were $24.4 million, compared to $57.3 million for the third quarter of fiscal 2008. For the first nine months of fiscal 2009, sales were $134,.2 million vs. $230.9 million for fiscal 2008.

The Elkhart, Ind.-based RV and manufactured housing builder reported a net loss for the third quarter of $4.8 million compared to a net loss of $4.6 million for the third quarter of fiscal 2008. For the first nine months of fiscal 2009, net loss was $13.1 million, compared to a net loss of $5.7 million a year ago. 

For the recreational vehicle group, sales amounted to $6.6 million for fiscal 2009’s third quarter compared to $18.7 million for the third quarter of fiscal 2008. For the first nine months of fiscal 2009, sales by the RV group were $32.8 million vs. $61.6 million for the same period a year ago.

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