Rocky Mountain Posts Big 4Q Numbers, But Market Share Push Creates Questions

It was mostly good news for Rocky Mountain Equipment (formerly Rocky Mountain Dealerships) as it posted vastly improved numbers for its fourth quarter and full year 2012. They were good enough for one analyst to upgrade the RME stock to “outperform,” while also expressing concerns about Rocky’s pursuit of market share.

On March 11, the Calgary-based dealership group reported its fourth-quarter revenues increased by 25% to $300.8 million, 17.6% on same store sales. Revenue for…

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