Friday, July 08, 2005
Fleetwood Reports Financial Results
For fiscal year 2005, consolidated revenues from continuing operations were essentially flat at $2.37 billion, up slightly from $2.36 billion in the prior year. The loss from continuing operations was $72.6 million, or $1.31 per diluted share, compared to income from continuing operations of $17.4 million, or 44 cents per diluted share, in fiscal 2004. The loss from discontinued operations was $88.9 million in fiscal 2005 compared with a loss of $39.6 million in the prior year. The net loss for fiscal 2005 totaled $161.5 million, or $2.92 per diluted share, compared with a net loss of $22.3 million in the prior year. Full Story...
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