Bell Industries’ recreational products division, which provides aftermarket parts to primarily Midwest dealerships, is reporting reduced revenue for its second quarter and first half.
Bell Industries’ first-half sales of $24.6 million declined 2 percent compared to the year-ago period while its second-quarter revenue of nearly $14 million fell 3.6 percent.
Overall, Bell Industries is reporting a doubling of its revenue (to $102.1 million from $56.1 million) from its fiscal first half thanks in part to its January 2007 acquisition of SkyTel.
For its first-half, Bell Industries incurred a net loss of $6.3 million compared to a net gain of $3.9 million last year at this time. That gain included the sale of discontinued operations.Click here for reuse options!
Copyright 2007 Powersports Business