More on Winnebago (WGO): The company rode improved motor home deliveries to sales gains while...


More on Winnebago (WGO): The company rode improved motor home deliveries to sales gains while tighter fixed cost absorption helped margins improve. Due to higher demand, production was ramped up throughout FQ4 and will be increased throughout FY13. Shares -4.4% premarket. (PR)

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  • Tony Petroski
    , contributor
    Comments (6356) | Send Message
     
    Bloomberg reports "A spokesperson for Winnebago stated that 'We are all Green Now.' Moving forward, we're unveiling a new line of vehicles that we call 'W-homes.' They're motorhomes without the motor in order to save energy. In addition, the company is experimenting with cardboard walls to lighten the superstructure. 'These designs work well on the streets of San Francisco, and should give us some street cred with the Green Community.'"

     

    WGO down in early trading.
    11 Oct 2012, 07:59 AM Reply Like
  • MexCom
    , contributor
    Comments (3075) | Send Message
     
    They have been working off inventories. This immediately is a boost to the bottom line. We will need to see a continuation from the comment that they are increasing production. The demographics are still in place for the retiring baby Boomers hitting the road. Especially now when so many are opting for earlier than planned retirement and disenchantment with 2nd home ownership. The tax deductibility of a RV home is still in place. 2013 could be a great year. I've recently added a few shares to my IRA account. A dividend payout would be the icing on the cake.
    11 Oct 2012, 09:14 AM Reply Like
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