Skyline Corp. Sells More, Loses More

RVBusiness says for the first nine months of fiscal 2011, Skyline Corporation sales were $114,224,000, an increase over the $95,535,000 for the same period fiscal year (FY) 2010.  The company’s pre-tax loss for the first nine months of fiscal 2011 was $22,563,000, an increase over the pre-tax $17,789,000 loss in FY 2010.  Included in 2010 fiscal year’s loss was the $1,554,000 sale of property and equipment, as well as $412,000 income from life insurance income; both are pre-tax income.  Skyline produces a wide range of factory-built homes as well as RVs.

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