September 25, 2002 |
National R.V. Holdings Inc. said its third-quarter loss would be wider than expected because of slow sales at the National R.V. Inc. recreational vehicle unit. The net loss will be about 35 cents a share, the Perris-based maker of Tradewinds and Country Coach motor homes said. Two analysts surveyed by Thomson First Call forecast a loss of 6 cents. Michael Jacque, president of the National R.V. unit and executive vice president of the parent, resigned, the firm said.
August 26, 2006 |
National R.V. Holdings Inc. said in a regulatory filing Friday that founder Robert B. Lee had resigned from the board and that it disagreed with the contents of his resignation letter, in which he cites an "ongoing crisis" that he believes threatens the Perris, Calif., company's future. In a letter dated Monday, Lee wrote: "I have been largely unsuccessful in persuading the board to take any action to deal with the ongoing crisis of this company."
February 19, 2007 |
Los Angeles-based Riley Investment Management has gone luxury shopping, buying high-end recreational vehicle maker Country Coach Inc. The investment firm will pay $38.8 million and assume $13 million in debt to purchase the subsidiary of Perris-based National RV Holdings Inc. The deal is expected to close this week. The RV industry has been reeling from high gasoline prices, but Junction City, Ore.
May 6, 1997
Companies with sales revenue of $50 million or more ranked by percentage increase in sales in 1996. The Gazelle 100 list on page 10 measures companies with sales from $10 million to $50 million. *--* 1996 1996 revenue revenue Rank Company (millions) % growth 1 Xylan Corp. $128 333% 2 Netscape Communications 346 310 3 Cymer Inc. 65 245 4 Osicom Technologies Inc. 81 201 5 Ascend Communications 661 196 6 Urohealth Systems Inc. 82 195 7 VISX Inc. 74 189 8 HS Resources Inc. 157 184 9 Calgene Inc.
April 26, 1994 |
A raging bull market and an economic recovery made 1993 a record year for initial public stock offerings, and dozens of California companies rejoiced as their share prices soared following their Wall Street debut. Companies from a broad range of industries shared in the prosperity, though technology firms led the pack, as in previous years.
August 3, 2000 |
The wheels are starting to come off the motor home manufacturing industry, as Fleetwood Enterprises Inc. illustrated again Wednesday. Fleetwood said it expects to post a loss for its fiscal first quarter ended July 30, because of sharply lower sales of recreational vehicles--especially motor homes--to dealers, and efforts by Riverside-based Fleetwood to cope by cutting its work force and taking other restructuring steps.