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Winnebago Marks 52-Week High on Strong 1Q

Posted By RVBusiness On December 28, 2012 @ 10:14 am In Breaking News | No Comments

Winnebago Industries Inc. hit a 52-week high of $16.94 per share following its impressive fiscal first-quarter report on Dec. 20, according to NASDAQ.com.

Winnebago also achieved a Zacks No. 1 Rank (Strong Buy) based on strong earnings estimate revisions.

The Forest City, Iowa-based company reported a 46.8% increase in sales for its first quarter while earnings rose to $7.4 million compared to $1 million the previous year.

Winnebago also reported a 242.7% year-over-year hike in product backlog for the current quarter, led by the high-margin gas- and diesel-powered Class A motorhomes.

 

 

 

 

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