Spartan Motors Notches Higher 2Q Sales, Income

Spartan Motors Inc., parent to Spartan Chassis Inc., reported an 8.4% increase in second-quarter sales rising to $184 million from $169.7 million. Net income during the period, ending June 30, improved $2.6 million, or 232.7%, to $3.7 million, or 11 cents per share, from $1.1 million, or 3 cents per share. Other highlights showed: Gross profit margin improved 280 basis points to 14.3% of sales, […]