Since we had not had a chance to catch up with Tucker CEO Marc McAllister since AIMExpo, we took the opportunity to chat at Motorcycle Industry Council HQ when he was in town for a Board of Directors meeting. No secret that the distribution giant has experienced its fair share of issues, however they have experienced some wins and made headway in other areas as well. He addressed these questions with his typical candor.
The last 12 months for Tucker have been a difficult time. The market has been slowing, as we all know and everybody's experiencing it to some degree. But for us, because of the way our company is structured, that slow down has hit us a little bit harder than others. We are working through the changes we have to do to keep the company on its feet and keep it moving forward. And that has forced us to make some decisions that have been really hard.
However, we feel that we are on the right track today… and that we have a plan with both our suppliers with cleaning up our inventory and with delivering faster moving products to our customers. The company is a viable organization and moving forward.