Navistar Enjoys Brisk Market-Share Gains
Global heavy vehicle manufacturer Navistar International (NYSE: NAV) reported a vigorous set of results in recapping its fiscal third quarter of 2019 before markets opened on Wednesday. While profitability dipped, sales increased at an extremely healthy pace, and the Lisle, Illinois-based organization widened its share of the market in its biggest sales category. Below, we'll run through headline numbers and discuss the factors underpinning the industrial giant's success this quarter.
Note that all comparative numbers in this article are presented against the prior-year quarter.
Data source: Navistar International.
Source Fool.com
