Rocky Mountain Making Progress in Its Turnaround

For its third quarter, Rocky Mountain Dealerships (RME) reported total revenues were up by 10.9% to $256 million from $230.8 million a year ago. While new equipment sales were off by 2% vs. the same period last year, used equipment sales were up by 23%. Inventory decreased by $51.3 million or 9.5% to $489.7 million.

Product support revenues were strong, improving by 6.6% to $48.6 million from $45.6 million: parts +7%, service +7% and other…

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