LESCO takes $1.4 million earnings charge due to hurricane damage

Discussion in 'Lawn Mowing' started by 2BladeRunners, Oct 16, 2004.

  1. 2BladeRunners

    2BladeRunners LawnSite Member
    Messages: 35

  2. Travis Followell

    Travis Followell LawnSite Silver Member
    from KY
    Messages: 2,206

    Well one things for sure, the costs wont be going down any.
  3. cantoo

    cantoo LawnSite Silver Member
    Messages: 2,910

    It's says the urea was lost when they failed to seal the domes from the flooding river. Was there any report of any damage to the river or the fish from all that released urea? Around here they complain about fertilizer in the small rivers, I'm sure there wouldn't be $1.4 million worth dumped by accident here.
  4. Tobe Lawn Care

    Tobe Lawn Care LawnSite Member
    Messages: 39

    Our dealer contacted us the beginning of the week and was talking a 5-10% increase for next year. He said that they are offering a 5% discount if you pay and p/u your supply for next year by early December. So that would be like a 10-15% discount if things do go up. Better than what the bank will give you on your $. Works great if you have room for storage.

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