The Log Homes Info

News and information about log homes and log cabins.

Wednesday, August 03, 2005

Lincoln Logs fiscal 2005

Some time ago, Lincoln Logs Ltd. reported a loss for fiscal 2005. Company went shopping during fiscal 2004 and now all that spending has started to hurt. Like customers like company – I bet that many people who have bought a log home are feeling the same financial squeeze while they are paying off their mortgage. I am not saying that there is something funny going on, just normal tight spot after buying something bigger.

However, it is interesting that company has been loosing money while it has increased revenue, and also the total market for log homes and log cabins is growing. If a company is not able to show profit under these terms, it will be difficult to do while market is going down. Watch those interest rates, they are rising. Company is trying to cut costs by delisting from public marketplace and going private. Good luck.


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