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Skyline Corp., builder of manufactured housing and RVs, reported a strong performance for its third quarter ending Feb. 28, historically the slowest period in its fiscal year.
The Elkhart, Ind.-based manufacturer posted third-quarter sales of $117.5 million compared to $96.2 million last year. Net earnings for the three-month period were $2.3 million versus a net loss of $351,000 for the same period a year ago.
Revenues for the first nine months were $372.3 million compared to $334.8 million the previous year while net earnings increased to $9.1 million from $2.3 million.
For the RV group, third-quarter sales were $34.3 million, up from the $26.4 million during the same period in 2005. RV group revenues for the first nine months were $93.3 million, an increase from the nearly $88 million a year ago.