Sun Communities Posts Q2 FFO, Earnings Gains

Sun Communities Inc., a real-estate investment trust based in Southfield, Mich., announced its financial results today (July 30) for the company’s second quarter, which ended June 30. The highlights, according to the company, were: Funds from operations (FFO)excluding certain items was $0.87 per diluted share, representing a 10% increase over the same period last year. […]

LKQ reports record revenue in second quarter

(July 30, 2015) -- LKQ reports record revenue of $1.84 billion, an increase of 7.5 percent over the same period in 2014. Total debt was listed as $1.69 billion with $143.4 million cash on hand. Total earnings before income tax, depreciation and amortization was $138.9 million in North America compared to $137.2 million in 2014, an increase of 1.2 percent.

Canadian retail sales increase strongly in May

(July 30, 2015) -- A key upward surprise was the motor vehicle component, which rose by 1.3 percent in May following a 1.4 percent gain in April, said Ferley. Unit auto sales numbers, released earlier, although indicating that the sales level remained strong in May, were down from even more robust levels in April.

Bretz RV, NASCAR Campground Network on Podcast 59

(July 30, 2015) -- Podcast episode 59 features an interview with Mark Bretz, owner of Bretz RV. He talks about his dealership, how it is weathering the economic recovery and what the market is like in the Pacific northwest. Bretz describes where he sees the RV industry headed and offers a warning to RV dealers. The second interview features Adam DiPietro, who heads up a new initiative to create a network of NASCAR themed campgrounds throughout the country. He describes the network, its goals and what campgrounds can do to tap into the huge NASCAR fan base.