Buy Skids

Used most often for cribbing, racking and elevating pipe used in oil and gas pipeline jobs, Buckeye has your back on durable pipeline skids. We offer both standard and custom sizes in oak and mixed hardwood timbers.

buy skids

Harley-Davidson (NYSE: HOG) hit the skids following the Q1 earnings release but this is an opportunity to buy into an iconic American brand. The results were mixed, to be sure, but highlight both the current situation and the opportunity available in the second half of the year. While supply chain and inflationary headwinds took their toll on bottom-line results the company is optimistic the situation will change in the second half. Specifically, the product mix had a negative impact on the margin because the company could not meet demand due to microchip shortages. Microchip shortages and the ensuing component shortages are expected to ease through the end of the year and that will be a tailwind for sales, margins, and earnings.

Pallets are comprised of top deck boards, stringers, and bottom deck boards. They are more stable than skids because of the bottom boards and are much more commonly used. A pallet can have 4 way access or 2 way access.

When deciding on whether to purchase pallets vs skids, consider what their use will be. Skids are less expensive than pallets because there is less lumber used but are often not the best choice for most needs.

A skid foundation is one of the simplest and very oldest types of shed foundations. It consists of hefty timbers, called skids, that are laid on the ground. The floor frame is then built atop the skids. This type of foundation is quick and easy to build and even makes it possible to move the shed by attaching chains to the skids and dragging it with a truck or tractor.

Check the floor-frame details on your building plans to determine the correct dimensions and placement of the skids. The skids generally run the entire width of the shed, perpendicular to the floor joists. Be sure to make the skids from pressure-treated lumber, such as 4x4s, 6x6s or 8x8s. You could also make skids by nailing together three 2x6s or 2x8s and then set them on edge.

The number of skids and the spacing between them is determined by the size of the shed. Generally speaking, larger sheds require larger and more skids. Trim both ends of the skids at 45 degrees, and then drill a 1-inch-diameter hole through the ends of the skids. These holes will allow you to attach a chain and move the shed to a new location. Coat the skids, especially the cut ends, with a wood preservative.

At the time of publication, Heller had no positions in the stocks mentioned.","articleImageUrl":"//s.thestreet.com/files/tsc/v2008/photos/contrib/uploads/90666437-7112-11e9-b821-858b153c5911.jpg","isExternalContributor":false,"publishDate":new Date(1658325600000),"primaryAuthorUrl":"/author/1129854/jonathan-heller/all.html","siteName":"Real Money","mediumThumbUrl":"//s.thestreet.com/files/tsc/v2008/photos/contrib/uploads/90666437-7112-11e9-b821-858b153c5911_300x240.jpg","leadTicker":"[\"HOG\"]","categoryName":"RealMoney.com","publishDateFormatted":"2022-07-20T10:00:00.000Z","compactPubDate":"10:00 AM","numPages":1,"subcategoryName":"US Equity - RM ","lastPublishDate":"2022-07-20T10:00:00.000-0400","pages":"0":"number":1,"pageTitle":"Harley-Davidson Skids Downhill as It Suffers Through a Lost Decade - RealMoney","isLastPage":true,"body":" I've been hearing the term \"lost decade\" thrown around again recently as it relates to the plight of the stock market. It's a scary term if it ends up being true, as it essentially means there will be no returns on stocks over the next 10 years. There may be some ups and downs during that time frame, but in the end, nothing gained. As much of a pessimist as I can be, I usually take those prognostications with a grain of salt. However, there is one iconic name that has lived through a lost decade, and that may be putting it mildly. Harley-Davidson Inc. (HOG) shares are down 23% over the past 10 years, 29% over the last five years, and 15% over the past year. They have popped a bit recently, including Tuesday's 4.5% uptick, and are down 8.5% year to date. Still very profitable, including a 12.2% net margin in 2021, the motorcycle maker has seen declining and stagnating revenue in recent years. In 2015 Harley-Davidson generated $6 billion in revenue, but it has been downhill since then, including 2021's $5.4 billion. Aside from 2020's pandemic-induced break-even year ($1.3 million in net income on $4 billion in revenue), the company has generated solid profits. However, solid margins with no revenue growth do not excite investors. Along the way, Harley-Davidson has dramatically reduced its quarterly dividend from 38 cents a share in the first quarter of 2020 to the current 15.8 cents. But HOG has also reduced the share count via stock buybacks, from 202.7 million shares in 2015 to the current 152.8 million, a nearly 25% reduction. During the first quarter of 2022, HOG resumed its share repurchase program and bought back another 6.2 million shares. I am typically a fan of share buybacks when done correctly, especially when the company is also raising the dividend. However, I wonder what HOG's average cost has been for all the shares it has repurchased over the years... Harley-Davidson ended its latest quarter with $1.4 billion in cash and $5.3 billion in debt, for net debt of $3.9 billion. That puts the company's enterprise value (EV) at just over $9 billion, which seems paltry on the surface, especially for a well-known brand with a symbol that folks are happy to tattoo on their bodies. As for the future, Harley-Davidson trades at just 8x and 7x 2022 and 2023 consensus earnings estimates, respectively. The questions in the near term are whether consumers will continue to buy bikes and whether credit losses will become an issue. Some may not realize that the company does generate substantial financial services revenue (financing wholesale inventory receivables and retail consumer loans) to the tune of nearly $800 million, or 15% of total revenue, in 2021. During Harley-Davidson's lost decade the only way to have made money on the stock was by opportunistically trading it. It has not been a good buy and hold. I remain where I've been the past several times I've looked at HOG over the years -- on the sidelines. ","isFirstPage":true,"url":"/investing/stocks/harley-davidson-skids-downhill-as-it-suffers-through-a-lost-decade-16057478","tier":"code":1,"name":"silver","subcategoryId":1290269,"photographer":"Shutterstock","id":16057478,"relatedStories":,"headline":"Harley-Davidson Skids Downhill as It Suffers Through a Lost Decade","contentType":"Text","headlineTwitter":"Harley-Davidson Skids Downhill as It Suffers Through a Lost Decade","smallThumbUrl":"//s.thestreet.com/files/tsc/v2008/photos/contrib/uploads/90666437-7112-11e9-b821-858b153c5911_139x90.jpg","siteCode":"RMY","isVideo":false,"authorId":1129854,"largeThumbUrl":"//s.thestreet.com/files/tsc/v2008/photos/contrib/uploads/90666437-7112-11e9-b821-858b153c5911_600x400.jpg","headlineFacebook":"Harley-Davidson Skids Downhill as It Suffers Through a Lost Decade","url":"/investing/stocks/harley-davidson-skids-downhill-as-it-suffers-through-a-lost-decade-16057478","tags":"[\"path\":\"fundamental-analysis\",\"name\":\"Fundamental Analysis\",\"id\":137,\"searchable\":true,\"categoryId\":0,\"path\":\"investing\",\"name\":\"Investing\",\"id\":144,\"searchable\":true,\"categoryId\":2798933,\"path\":\"investing/stocks\",\"name\":\"Stocks\",\"id\":165,\"searchable\":true,\"categoryId\":2798943,\"path\":\"value-investing\",\"name\":\"Value Investing\",\"id\":170,\"searchable\":true,\"categoryId\":0,\"path\":\"real-money\",\"name\":\"Real Money\",\"id\":297,\"searchable\":true,\"categoryId\":0,\"path\":\"investing/consumer-discretionary\",\"name\":\"Consumer Discretionary\",\"id\":348,\"searchable\":true,\"categoryId\":2798958]","publishDateAsString":"Jul 20, 2022 10:00 AM EDT","subcategorySlug":"usequity","channels":"[\"name\":\"Investing\",\"id\":2798933,\"name\":\"Stocks\",\"id\":2798943]","isBrandedView":false,"authorName":"Jonathan Heller","metaTitle":"Harley-Davidson Skids Downhill as It Suffers Through a Lost Decade","primaryTag":"Stocks","isPremium":true,"authors":"[\"name\":\"Jonathan Heller\",\"id\":1129854]"}; Keystone.articleModelData = article: articleModel ; })(); About Privacy Terms of Use 1996-2023 TheStreet, Inc., 225 Liberty Street, 27th Floor, New York, NY 10281 041b061a72