Winnebago revenues up, net income down
Winnebago Industries Inc. today reported financial results for the company’s first quarter of fiscal year 2012, ended Nov. 26.
Net income for the quarter was $1 million, or 4 cents per share, down from $3.8 million, or 13 cents per share, for the first quarter a year ago. Revenues were $131.8 million, a 6.6 percent increase from a year ago.
The company said that the first quarter was negatively affected by lower motor home deliveries and lower plant utilization due to shortened workweeks. For more information, click here.
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