China trade war could cost Winnebago tens of millions of dollars
BPC Staff Jul 19, 2019 | 4:04 pm
<1 min read time
107 wordsAll Latest News, Manufacturing, Statewide NewsMarketWatch: Winnebago Industries Inc. says the U.S.-China trade war will have a “material dollar impact” on results, but the recreational-vehicle maker said in some cases its options to deal with the impact are limited or just not worth the cost. The company on Wednesday reported a fiscal third-quarter profit that beat expectations but revenue that missed, as weakness in its motor home business offset strength in towables. In the company’s earnings release, Chief Executive Michael Happe said the cost of materials remains “volatile,” as newly implemented and pending tariffs resulting from the U.S.-China trade war will start to affect input costs in the back half of 2019.