Canada’s Glendale International Corp. reported its RV business remained profitable during the three months ended Sept. 1, despite a 33% drop in RV sales revenue to $17.3 million (Canadian).
As of today (Nov. 21), $1 in Canadian currency was worth 64.4 cents in U.S. currency.
Glendale’s RV earnings declined 55% during the June-through-August period to $1 million (Canadian).
Despite the profit Glendale earned from building RVs, the company lost $802,000 (Canadian) during the three months ended Sept. 1, the third quarter of its fiscal year. The loss compares with a profit of $733,000 (Canadian) earned a year earlier.
Glendale’s third fiscal quarter sales declined 13% to $30.1 million (Canadian).
Glenadale builds travel trailers, fifth-wheels, Class C motorhomes and park models in Strathroy, Ontario, and Red Deer, Alberta.