Happe: Despite Sales Slip, Winnebago 2Q Solid (3/25/2019)
Winnebago Industries Inc. today (March 25) reported declines in revenues and net income for the Forest City, Iowa-based company’s fiscal second quarter, ended Feb. 23.
Revenues during the period totaled $432.7 million, a decrease of 7.6% compared to $468.4 million for the fiscal 2018 period, while gross profit was $66.4 million, a decrease of 1.8% compared to $67.7 million. Gross profit margin increased 100 basis points in the quarter, driven by rev...
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