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Spader dealers see 26.4 percent profit rise in May 2012

spader-0712

July 24, 2012
Filed under News, Top Stories

The latest industry composites provided to Powersports Business from Spader Business Management show that Spader dealers saw net profits increase 26.4 percent year-to-date in May 2012 compared to the same time period in 2011.

Company sales saw a 17.7 percent YTD dollars increase in May 2012 compared to YTD May 2011. Unit inventory rose by 13.6 percent YTD dollars in May 2012 compared to May 2011.

The YTD points change from May 2011 to May 2012 is as follows:

Company gross margin: minus 0.8 points

Net percent of sales: plus 0.7 points

Personnel expense ratio: 0.0 points

Variable expense ratio: minus 0.6 percent

Fixed expense ratio: minus 1.3 percent

The Spader training and consulting firm tracks North American powersports dealers, both large and small, to compile an average profile, then compares year-over-year trends in a number of different categories.

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