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Drew Industries posts record results on RV strength

from The Motley Fool

The lure of the open road leads millions of retirees and families to consider RVs as a primary vacation vehicle. For Drew Industries, every RV sale means more potential business, as the manufacturer of components for RVs and manufactured homes relies on rising demand for its products to drive growth forward. Going into Tuesday morning's first-quarter financial report, Drew Industries investors had expected solid results in revenue and net income, with the rising U.S. economy helping to support growth. Drew's results were even better than most investors expected, pointing to the inherent strength among consumers and Drew's own competitive advantages. more


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7701 Las Colinas Blvd., Ste. 800, Irving, TX 75063