Hints and tips:
...Overall, fewer than 300,000 RVs sales are expected this year. That is less than half the level in 2021 and about 40 per cent lower than last year’s sales....
...Hicks has even gone so far as to say that RV sales are superior to economists for forecasting recessions. Right now, he says it is a close call over whether there will be a downturn....
...and earnings are going to be hit hard (I wouldn’t want to be selling RVs right now)....
...RV makers like Winnebago have reported a jump in sales over the past year, as travellers in search of outdoor activities and alternatives to hotel stays fuelled a rush of demand....
...The days ahead Earnings Darden Restaurants, the owner of casual dining chains including Olive Garden and Cheddar’s Scratch Kitchen, and RV maker Winnebago Industries report earnings....
...“It’s crazy,” he said, noting the delay cost the company sales. “Even though everything is GPS-tagged, they lost it in the rail yard.”...
...Sales are expected to exceed 300,000 new vessels this year, levels the industry has not seen since the financial crisis....
...The sales uptick has helped other RV and outdoor leisure-related stocks too. Winnebago Industries, a rival RV manufacturer, is trading at a record high....
...“[At first] we were trying to set up some competition to the Christmas tree,” says Arie Vuijk, the owner and sales and marketing director of Lemax Europe....
...France’s Trigano said its vehicle sales in the three months to August were down a tenth. US RV sales have fallen this year. A 20 per cent decline was recorded in July alone....
...RV sales have been booming for several years, during which the RV craze spread from people my age to millennials, who are now estimated to make up around 40 per cent of RV camper owners....
...Sales at battery-maker Duracell and RV manufacturer Forest River both slid, while the unit that includes Fruit of the Loom also saw revenues decline....
...However, retail sales appear to be topping out: the Recreational Vehicle Industry Association predicts that RV shipments (from manufacturers to dealers) will rise only 0.3 per cent this year to 505,900,...
...Sales at one of its largest units, the BNSF railroad, rose 2.5 per cent to just under $6bn....
...Conceived as an “alt-Basel”, it is geared towards first-time collectors, with some works on sale for a few hundred dollars....
...These days, wagon sales are still a crude index of the health of the modern US economy....
...The “personal property taxes” (line 230) on table SA50 refers to payments of taxes on the tangible and intangible personal property of individuals for example property taxes paid on cars, boats, and RVs;...
...he asks, standing next to his RV on a grey afternoon. “This is the modern-day Rome, my friend.”...
...The Kingsway Exchange, built beneath Chancery Lane Tube station during the second world war is also still up for sale, although the upside-down world of apocalyptic holiday homes generally eschews downtowns...
...With little income to be had from homeowners, towns have instead relied on other sources of income, such as sales taxes....
...● Standard Life Investments has opened a new office in Stockholm and appointed Christopher Andersson as investment director for sales in Sweden....
...Thor reported $3.24bn in RV sales during the year ended July 31, up 23 per cent from the previous year....
...Indeed, research suggests that improved border and customs measures could trigger a 60 to 80 per cent increase in cross-border SME sales in some economies....
...The spring and early summer months are peak sales period for the recreational vehicle companies such as Winnebago....
...Novelty value Liu Yujiao heads the RV sales department at one of China’s leading RV makers, Great Wall Motors....
International Edition