— Winnebago Industries (NYSE: WGO) reported fourth-quarter 2019 earnings of $1.01 per share, vs. $0.93 per share expected, helped by gross margin expansion of 10 basis points. — Revenues edged down 1% to $530.4 million, vs. $520.6 million expected. — Revenues for the Towable segment grew 6% $307.0 million, riding on strong organic unit deliveries […]
“— Winnebago Industries (NYSE: WGO) reported fourth-quarter 2019 earnings of $1.01 per share, vs. $0.93 per share expected, helped by gross margin expansion of 10 basis points. — Revenues edged down 1% to $530.4 million, vs. $520.6 million expected. — Revenues for the Towable segment grew 6% $307.0 million, riding on strong organic unit deliveries […]
· October 23, 2019
— Winnebago Industries (NYSE: WGO) reported fourth-quarter 2019 earnings of $1.01 per share, vs. $0.93 per share expected, helped by gross margin expansion of 10 basis points.
— Revenues edged down 1% to $530.4 million, vs. $520.6 million expected.
— Revenues for the Towable segment grew 6% $307.0 million, riding on strong organic unit deliveries of Grand Design RV. Revenues from Motorhome segment, meanwhile, slid 12% to $200.7 million, hurt by weakness in in Class C and Class A.
— WGO shares were down 1.8% during pre-market trading hours.
