Author's Note: August 21's close price of $24.85 is used throughout article.
I. Company Overview & Introduction
In 1958, John K. Hanson convinced investors in California to open a travel trailer factory in Forest City, Iowa. In 1960, the name of the operation was made Winnebago Industries (NYSE: WGO), and the rest, as they say, is history.
In 1966, the first motor home was produced by Winnebago, and, by 1970, the company had moved its operations to a larger manufacturing facility. In 1970, Winnebago was listed on the New York Stock Exchange, rising 462% in its first full year on the exchange. By 1984, sales had topped $400 million for the first time ever. 20 years later, in...
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