June 21, 2008 |
Winnebago Industries Inc. said Friday that its fiscal third-quarter profit skidded 73% as high gasoline prices, tighter credit and a soft economy drive motor home sales lower industrywide. The company earned $3 million, or 10 cents a share, in the three months ended May 31, compared with $11.3 million, or 35 cents, a year earlier. Sales fell almost 40% to $139.7 million. The profit figure included a tax benefit of $8.9 million. The company reported an operating loss of $6.9 million, compared with operating income of $14.7 million last year.
February 1, 2008 |
Fleetwood Enterprises Inc., a maker of travel trailers, motor homes and manufactured housing, said quarterly sales fell 20% as weakness in the U.S. economy kept consumers out of showrooms and made the company's traditionally slowest quarter even tougher. In a preliminary report on its fiscal third quarter results, Fleetwood said it booked sales of just $354 million, down from $443 million a year earlier. The company said it expected to report a "significant" operating loss for the quarter when final numbers come out March 6. Fiscal year to date, Fleetwood's sales are down 10% to $1.35 billion, the Riverside-based company said.
December 21, 2007 |
Winnebago Industries Inc., the biggest maker of motor homes, said its fiscal first-quarter profit rose 26% as the company sold more luxury models and spent less on marketing. Net income increased to $10 million, or 34 cents a share, from $7.9 million, or 25 cents, a year earlier, when the period was a week shorter, Forest City, Iowa-based Winnebago said. Sales in the quarter ended Dec. 1 rose 6.6% to $215 million.
October 13, 2006 |
Motor-home manufacturer Winnebago Industries Inc. on Thursday reported sharply lower profit for its fiscal fourth quarter, citing product liability claims and lower sales because of higher interest rates and fuel prices. The Forest City, Iowa-based company earned $9.3 million, or 30 cents a share, for the quarter ended Aug. 26, compared with $15.4 million, or 46 cents, a year earlier. Sales decreased 11.3% to $205.4 million.
March 18, 2005 |
Winnebago Industries Inc., the largest U.S. maker of motor homes, said second-quarter net income fell 9% on a decline in recreational vehicle shipments. The shares dropped 7%. Net income fell to $14.4 million, or 42 cents a share, from $15.9 million, or 46 cents, a year earlier, the company said. Winnebago had been expected to earn 53 cents a share, the average estimate of six analysts surveyed by Thomson First Call. Shares of Forest City, Iowa-based Winnebago fell $2.34 to $32.50 on the NYSE.
July 20, 2004 |
Winnebago drivers back their rigs into extra-long campsites, grab the lawn chairs off the front rack and hook up to electricity links when they go camping. Open roads are their driveways; kitchen tables double as bunk beds; bathrooms are just a sideways sashay from the passenger's seat. About 1,600 members of the Winnebago-Itasca Travelers Club have converged on Forest City, Iowa -- home of 200-acre Winnebago Industries -- for the 35th Grand National Rally that runs through Friday.