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Winnebago Analysts Cut Their Forecasts After Q3 Results

Winnebago Industries, Inc. (NYSE:WGO) reported downbeat third-quarter results on Thursday. The company reported quarterly earnings per share of $1.13, missing the street view of $1.34. Quarterly revenues of $786.0 million missed the analyst consensus of $806.13 million, according to data from Benzinga Pro. "Notwithstanding difficult retail headwinds in the Motorhome segment, our Towable RV business generated higher revenue versus the same period a year ago and our Barletta pontoon retail share grew to double digits for the trailing three- and six-month periods through April," said Michael Happe, President and Chief Executive Officer. On ...