Fleetwood Enterprises posts $787,629 income for March 22 to April 25

By Caroline Salls

Pittsburgh, May 28 - Fleetwood Enterprises, Inc. reported $787,629 of income from operations for the period of March 22 to April 25 on zero net sales, according to its monthly operating report filed Friday with the Securities and Exchange Commission.

In comparison, the company posted a $1.68 million loss from operations for the period of Feb. 22 to March 21, also on zero net sales.

The net loss for the most recent period was $3.45 million, narrowing from a $4.35 million net loss for the previous period.

Fleetwood had $13.83 million in cash and cash equivalents at April 25, down from $17.06 million at March 21.

Based in Riverside, Calif., Fleetwood produces, distributes and services recreational vehicles and manufactured housing. The company filed for bankruptcy on March 10, 2009 in the U.S. Bankruptcy Court for the Central District of California. Its Chapter 11 case number is 09-14254.

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