Friday, November 17, 2006

 

NATIONAL RV 3RD QUARTER LOSS WIDENS

PERRIS, Calif. (AP) -- National R.V. Holdings Inc., a maker of recreational vehicles, said Friday its third-quarter loss widened as sales slipped, and the company had to repair defective motor homes.
National, which owns National RV and Country Coach, reported a loss of $7.1 million, or 68 cents per share, versus a year-ago loss of $5.9 million, or 57 cents per share.

Sales fell 15 percent to $92 million from $108.2 million last year, continuing a trend of lower sales in the overall RV market.

The company also was burdened by having to repair 74 motor homes affected by defective materials.



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