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.
June 16, 1999 |
That boxy Winnebago motor home you pass during this summer's vacation might be just lumbering along, but keep this in mind: The stock of Winnebago Industries Inc. is moving like a rocket. The shares have soared 86% over the last 12 months--and have bested industry peers and the broader stock market for two years running--amid a surge in Winnebago's earnings and a major upswing in the $12-billion recreational-vehicle industry overall.
May 28, 1994 |
For the committed highway traveler comes the latest in summer escapes: motor home trading cards. Winnebago Industries Inc.'s cards--all 3.6 million in the first edition--feature travel trailers and motor homes from the late 1950s through 1995 models. Each card displays a color photo of a motor home; its vital statistics are listed on the back, along with descriptions such as "The D-27 had a rear twin bedroom and private entrance." A 10-card pack will sell for $1.
August 14, 2005 |
Merv Grazinski set his Winnebago on cruise control, slid away from the wheel and went back to fix a cup of coffee. You can guess what happened next: The rudderless, driverless Winnebago crashed. Grazinski blamed the manufacturer for not warning against such a maneuver in the owner's manual. He sued and won $1.75 million. His jackpot would seem to erase any doubt that the legal system has lost its mind.
March 1, 2002 |
Fleetwood Enterprises Inc., the largest U.S. maker of recreational vehicles, said its fiscal third-quarter loss narrowed as sales rose. The company doesn't expect a profit this quarter. The loss in the quarter ended Jan. 27 narrowed to $17.3 million from $205 million, or $6.26 a share, in the year-earlier period, including one-time charges. The maker of Pace Arrow motor homes and Coleman folding trailers said the exchange of convertible bonds in the last quarter put earnings at 31 cents a share.
June 18, 2004 |
J.M. Smucker Co., the largest U.S. maker of jellies and jams, said fourth-quarter earnings fell 4.6% on restructuring costs and lower sales of brands including Crisco shortening. Net income fell to $22.2 million, or 44 cents a share, from $23.2 million, or 46 cents, a year earlier, the Orrville, Ohio-based company said. Sales in the quarter ended April 30 declined 1.1% to $325.4 million, the first drop in more than three years. Shares of Smucker fell $2.15 to $46.50 on the NYSE.