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Winnebago sees big turnaround in third-quarter income


Radio Iowa: Winnebago Industries reported third-quarter net income of $71.3 million, rebounding from a net loss of $12.4 million in the year-ago quarter that was affected by the start of the pandemic. Winnebago CEO Michael Happe said the pandemic pushed more people to explore new ways to enjoy the outdoors. “With 10.1 million households having camped for the very first time in 2020 and another estimated 4.3 million households undergoing their own rookie camping experience as well in 2021, our team is helping to meet increased demand for our products and brands while delivering record financial performance,” Happe said. He said supply chain issues are hampering efforts to increase product output.

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