Virco Mfg. Posts 15% Revenue Drop in Q2

Virco Mfg. (NASDAQ:VIRC), a leading designer and producer of furniture for the U.S. education market, reported its earnings for the fiscal second quarter on September 5, 2025, offset by strong margin preservation and a dividend increase. Even as indicators like shipments and backlog pointed to a market in slowdown.Virco Mfg. is known for manufacturing classroom and educational furniture—tables, desks, seating, and storage—for schools and learning environments throughout the United States. Its operations rely heavily on domestic manufacturing, with production facilities in California and Arkansas. This setup enables rapid response to seasonal demand and custom needs from customers in the education sector.The business is highly seasonal, with about half of its annual revenue coming in the summer months. Virco Mfg.'s critical focus areas include careful inventory and working capital management, efficient scheduling for peak season sales, and maintaining tight control over production costs. The company's direct sales force, a dedicated project management team, and continuous product innovation have been key success factors. Its ability to adjust to market trends and supply chain shifts forms a core part of its competitive approach.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool