Hweb - PATK:
The first quarter is also usually a weaker quarter for them. Here's the seasonality blurb from the 10-K before Wade pops the question:
Seasonality
Manufacturing operations in the RV and MH industries historically have been seasonal and are generally at the highest levels when the climate is moderate. Accordingly, the Company’s sales and profits were generally highest in the second and third quarters. However, current seasonal industry trends may be different than in prior years, primarily due to fluctuations in RV dealer inventories and volatile economic conditions. Over the past three years, the seasonality cycle in the RV industry has changed as a result of RV dealer shows being held in the September/October timeframe by the two largest OEM’s in the industry.
The day I worked at McDonald's, I was told, "If you have time to lean, you have time to clean."
