Supreme Industries Inc. (AMEX: STS) Doubles Quarterly Net Income Over 2006
Stock investors may not be impressed by any sudden spurt in quarterly net income. However, when it comes on top of difficult operating conditions for this company, it speaks highly of management capability and strategic resilience. Tax benefits have dipped sharply in the fourth quarter for this company, compared to the same period for the previous year. The entire Auto & Truck Manufacturers Industry has experienced weak demand over the past 12 months. This is why the company has been hit by a 4% reduction in sales compared to the same period of 2006. However, Earnings per Share, which was…