Subprime Lending Skyrockets as Cyclical Stocks Face Challenges
The Canadian Investor
Financial Struggles and Market Resilience
This chapter delves into the significant financial difficulties faced by a recreational vehicle company, noting a 33% revenue decline and a concerning drop in earnings per share. Despite these challenges, the ATV and side-by-side segments show resilience, capturing market share amidst broader economic headwinds. The discussion extends to the impacts of rising interest rates and consumer spending trends on inventory management, highlighting the cyclical nature of the industry and the potential for future recovery.
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