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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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RVIA: RV Shipments During February Retreat 15% (3/25/2019)

The RV Industry Association's (RVIA) February survey of manufacturers found that total RV shipments ended the month with 36,421 wholesale shipments, a decrease of 15.4% from the 43,038 units shipped last February.Towable RVs, led by conventional travel trailers, totaled 31,876 units for the month, a decrease of 15% compared to last February’s total of 37,481 units. Motorhomes finished the month with 4,545 units, down 18.2% compared to the February 2018 total of 5,557 units. Park model RVs finished the month down 11.4% compared t...
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