As recently reported by Black Book, the average selling price for motorized units was $47,723, which is up 15.1 percent from the previous month, while towables came in at $12,521, down 2.2 percent from last month.
Flexsteel Industries reported fourth quarter and fiscal year financial results, showing a decrease of net sales by 6.3 percent, going from $500 million to $469 million. Net income was $23.8 million, compared to record $24.2 million in the previous fiscal year.
Ocean Bio-Chem, supplier of Star brite products, announced a record second quarter 2017 net income of $953,000 compared to net income of about $657,000 for the second quarter of 2016. Overall, that’s an increase of about $296,000 or 45 percent.
Cavco Industries announced financial results for the first fiscal quarter ended July 1 with a net revenue totaling $206.8 million, up from 11.7 percent from the same period last year. Income before income taxes was $15.7 million, an 86.9 percent increase from last year’s comparable quarter.