Article: Fleetwood Reports Results for Second Quarter and First Six Months of Fiscal 2009.

- Company provides updated details on major restructuring plan -

RIVERSIDE, Calif., Nov. 25 /PRNewswire-FirstCall/ -- Fleetwood Enterprises, Inc. announced today its results for the second quarter and first half of fiscal 2009 ended October 26, 2008, along with additional details on its major restructuring program intended to stem losses and reduce annualized fixed costs by at least $40 million.

Consolidated Results

Consolidated revenues for the quarter were $216.4 million, down 54 percent from $468.5 million in last year's second quarter. RV Group sales declined 63 percent, and Housing Group sales were off 33 percent. The Company incurred ...

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