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
blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months Click to see monthly returns in table format!

Lists

10 Best States To Practice Medicine

The 10 Best States to Have a Business

The 12 Most Expensive Apple (AAPL) Apps in the Market

The 10 Richest Billionaires in the World

10 Biggest Kickstarter Failures

The 10 Best Places to Work At

The Top 10 of Google Inc (GOOGL)’s Most Expensive Acquisitions

13 Best Cities to Visit in South America

10 Most Expensive Works of Art of All Time

The 10 Richest Banks in the World

The 10 Best-Paying Jobs in America (2014)

7 Most Expensive Foods in the World

The World’s Top 10 Earning Authors

Five Wicked and Very Expensive Items (and Other “Stuff”) Sold on eBay

10 Biggest Celebrity Bankruptcies

The Top 10 Highest Paid CEOs in 2014

The 10 Most Expensive Real Estate Cities in America

10 Most Expensive States To Live In America

The 10 Best Airlines in the World

The 10 Best-Selling Cars in 2014

The 10 Best Industries to Invest In

The 10 Most Expensive States to Own a Car In

Top 10 Business Schools in US: 2014 Rankings

Top 20 Female Billionaires in 2014

6 Movies That You Should Watch to Better Understand The Cold War

Top 15 Best Paying Jobs for Women in 2014

Top 6 Things Rich People Do Differently Every Day

5 Retirement Mistakes To Avoid (and Einstein’s Famous Quote)

11 Smartest People in the World

6 Films About the Financial World You Need To Watch (While “The Wolf” is Not Around)

Warren Buffett and Billionaires Are Crazy About These 7 Stocks

The Top 10 States With Fastest Internet Speeds

10 Best Places to Visit in USA in August

Top 10 Cities to Visit Before You Die

Top 10 Genetically Modified Food In the US

15 Highest Grossing Movies Opening Weekend

5 Best Poker Books For Beginners

10 Strategies Hedge Funds Use to Make Huge Returns

Top 10 Fast Food Franchises to Buy

10 Best Places to Visit in Canada

Best Summer Jobs for Teachers

10 Youngest Hedge Fund Billionaires

Top 10 One Hit Wonders of the 90s

Fastest Growing Cities In America

Top 10 U.S. Cities for Freelancers

Top 9 Most Popular Free iPhone Apps

Top 10 Least Expensive Private Business Schools in the US

Top 15 Most Expensive Countries in the World – 2014

Top 6 Tax Scams and How to Protect Yourself

Top Businesses to Invest In

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!