Rocky Mountain Dealerships did much of what it set out to do when it last reported its quarterly earnings in August. The Calgary-based dealership group said its major push would be to reduce equipment inventories. It appears it did so, but its margins took a beating in the process.
In its third-quarter earnings report on November 13, Rocky said it increased revenues by 10.1% to $272.6 million and reduced equipment inventories by $78 million. The…
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