Winnebago Tops Forecasts for Fourth-Quarter Profit
Winnebago Industries, the No. 1 maker of motor homes, reported a rise in quarterly earnings on Thursday on significantly higher deliveries of the largest models.
Net profit rose to $14.8 million, or 49 cents per share, in Winnebago's fiscal fourth quarter ended Aug. 25, from $9.3 million, or 30 cents per share a year earlier.
Revenue totaled $237.7 million, topping an average Wall Street forecast of $223.3 million, according to Reuters Estimates.
Shares of Winnebago were 1.5% lower in German trading.