Ford Motor Company (F) Sales Gains Bode Well for Profits

Page 1 of 2

Ford (F) General Motors Company (GM)It wasn’t quite as big a month for Ford Motor Company (NYSE:F) as some analysts had predicted, but it was still a good one: The Blue Oval’s U.S. sales were up a bit over 9% in February, the company said on Friday, a good increase over a strong year-ago result.

It was the company’s best February sales total since 2007. As analysts had predicted, sales of Ford’s F-Series pickups were quite strong, which is good news for shareholders – as are the strong results for some of the Blue Oval’s newest models.

Strong sales for key models bode well for profits
From an investor’s perspective, the big news is that Ford Motor Company (NYSE:F)’s full-sized pickup line continued its streak of nice year-over-year gains. Sales of the F-Series lineup, which includes the popular mass-market F-150 pickup as well as its heavier-duty F-250 and F-350 siblings, were up 15.3% over year-ago totals, a strong result in a market that may have slowed somewhat during the month — though arch-rival General Motors (NYSE:GM) also saw sizable sales gains for its pickups in February.

Ford’s PR crew was quick to point out that February marked the 19th consecutive month of monthly sales increases for the F-Series, a streak that tracks nicely with Ford’s growing profitability in North America. Pickups are among Ford’s most profitable products, and their steady, high-volume sales are a major contributor – the major contributor, some analysts argue – to Ford’s profits here at home.

But pickups weren’t the only bright spot for Ford in February. Sales of its two most recent new models, the Fusion sedan and the Escape SUV, were outstanding – up 28% and 29%, respectively, over year-ago totals. Again, that’s good news for Ford watchers, as these two new vehicles look to be keeping Ford’s recent new product winning streak alive.

Another relatively recent hit product, Ford’s Explorer SUV, also had a terrific month with a 58.9% year-over-year sales increase – but the weather might have had something to do with that. While last February was unseasonably warm in many parts of the country, this past month was more typical, with significant snowfall in the Northeast and Midwest U.S. That might have contributed to the Explorer’s gains, while helping to explain (for instance) the 18% drop in sales posted by the Mustang.

Page 1 of 2
Comments
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months. Our beta is only 1.2 (don't click this link if beating the market isn't important to you).

Lists

The Best B-Boy Movies

Most Awesome Hip Hop Documentaries

Foods That Stain Your Teeth

Richest Doctors in the World

The Best Movie Sountracks Ever

The Highest Grossing Musicals on Broadway

The Most Successful Reality TV Stars

Cheapest Cities to Visit in the US

Most Expensive Summer Camps

Most Expensive Animals in the World

Most Expensive Specialty Crops in the World

Movies That Took Ages to Make

The Longest Hollywood Films Ever Made

Most Expensive Concert Stages

The Richest Bands of all Time

10 Most Corrupt Countries 2013 List

10 Countries with the Highest Quality of Life Index

Most Expensive Mattresses in the World

5 Smallest Countries by Land Area

The Ultimate Heartbreak Songs

Richest Teenagers in the World

10 Most Haunted Places in America

10 Best Places to Retire in Florida East Coast

Top 10 Places to See Before You Die

Top 8 Countries in the World Where Justice Prevails

10 Richest States in America

15 Wealthiest Countries in the World

Richest Singers in the World

Most Expensive Tasting Menu in New York City

Most Expensive Baby Items in the World

Most Expensive Hotel Suites in Vegas

Most Expensive Brunch in New York City

Most Expensive Beef Cuts in the World

25 Best Colleges to Get a Job

Top 10 US Supermarkets

The 25 Most Dangerous Cities in the World to Visit

Most Expensive Xbox Games

Top 11 Cities Where Billionaires Live

Top 10 Most Charitable Companies in America

Most Expensive Seafood in the World

The 10 Wildest Conspiracy Theories

The 10 Best Job Markets in the US

Top 10 Accounting Scandals of All Time

The 25 Biggest Cities in the World

Top 10 Best Paying Virtual Jobs

Most Expensive Leather Shoes in the World

Top 6 Things to Buy in March

The 10 Most Stressful Jobs in America – 2014 List

Top 10 Jobs for Introverted People

Top 10 Honeymoon Destinations in the World

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!