Spader dealers report higher sales in first two months of ‘13
Company sales were up 2 percent in the first two months of 2013 for Spader Business Management dealers.
Unit inventory was also up, with a 9.1 percent increase through the end of February, while net profit plummeted 43.5 percent compared to the same period in 2012.
The points change for YTD February 2013 compared to YTD February 2012 is as follows:
Company gross margin: minus 0.2 points
Net percent of sales: minus 4.2 points
Personnel expense ratio: plus 7.0 points
Variable expense ratio: plus 5.1 points
Fixed expense ratio: plus 1.3 points