Spader dealers report higher sales and profits in first two months
The latest industry composites provided to Powersports Business from Spader Business Management show that Spader dealers reported higher sales and profits during the first two months of the year, compared to the first two months of 2012.
Considering year-to-date dollars in February, company sales increased 9.2 percent, net profit rose 30.2 percent and unit inventory rose 10.9 percent, compared to the same time in 2012.
The points change for YTD February 2013 compared to YTD February 2012 is as follows:
Company gross margin: 0.4 points
Net percent of sales: 0.5 points
Personnel expense ratio: minus 0.2 points
Variable expense ratio: minus 0.7 points
Fixed expense ratio: minus 1.2 points