Whispers: Fleetwood Towables On the Way Out?

Investment gurus and web wave makers, the Motley Fool, say that there's good news and bad news in Fleetwood land. In the second-quarter of this year the company was able to take a projected 6 cent per share loss to only a two cent loss. How'd they do it? Selling off properties helped--you'll recall that lots of Fleetwood employees got pink slips earlier this year when the company closed US and Canadian plants (and at the same time opened a plant in Mexico).

But another investor-pleaser was the fact the company's motorhome sales revenue went up, from $230.6 million to $263.8 million. Now about that bad news? In the same time period the company witnessed a huge tumble in "towable" sales revenue. From 104.1 million down to just $48 million. Motley Fool reports that one market analyst will be, "Looking for the company to provide more insight on whether it may sell or close its towables unit." Either one could mean a whole lot more out of work RV builders.

Want to keep up with all that's happening in the RV world? Be sure to sign up to receive America's largest and longest-running online newsletter about RVing, RV Travel. Your email address kept private. No exceptions.