The Coast Distribution System, Inc.
Coast Distribution System Reports First Quarter 2009 Results
Published in Healthcare Finance, Tax and Law Weekly, May 27th, 2009
Coast, one of North America's largest aftermarket suppliers of replacement parts, accessories and supplies for the recreational vehicle (RV), boat and outdoor recreation industries, reported a net loss of $888,000, or $0.20 per diluted share, on net sales of $23.2 million for the first quarter of 2009. For the same period of 2008, Coast reported a net loss of $850,000, or $0.19 per diluted share, on net sales of $39.5 million.
Net sales in the 2009 first quarter declined 41.2 percent year-over-year, a result management attributed...
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