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The net earnings of RV dealers were much better during the first nine months of this year than was the case during the same portion of 2001, according to consultant firm Spader Business Management.
The biggest increases, in terms of percentage change, were generated by mid-size dealers, which the Spader firm defines as having between $5 million and $10 million in annual sales.
After the first nine months of this year, the average mid-size dealer had net earnings of $369,229, a 38% increase over the $267,363 earned during the first nine months of 2001.
However, smaller dealers, which Spader defines as having less than $5 million in annual sales, and the largest dealers, which Spader defines as having more than $10 million in annual revenue, were not far behind in terms of year-to-year earnings growth.
The average big dealer earned a net profit of $841,211 during the first nine months of this year, a 29% increase over the $652,504 earned by the same group of dealers a year earlier.
The average smaller dealer earned a net profit of $174,499 during the first nine months of this year, a 26% increase over the $138,778 earned by the same group of dealers a year earlier.