Spartan Posts Solid 1Q; Chassis Sales up Sharply

Spartan Motors Inc., parent to motorhome supplier Spartan Chassis Inc., reported solid first-quarter results highlighted by a 482% increase in net income. Sales during the three-month period increased 3.6% to $173.0 million from $167.1 million the year prior while gross profit margin improved 300 basis points to 12.8% of sales from 9.8% of sales. Net income […]