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0 0.0128429655575016 0.036193812025686 0.0507880910683013 -0.000291885580852248 0.00233508464681861 0.0376532399299476 0.035318155283129
Stock impact report

Winnebago's stock surges after profit, revenue rise above expectations [MarketWatch]

Winnebago Industries, Inc. (WGO) 
Last winnebago industries, inc. earnings: 3/25 07:00 am Check Earnings Report
Company Research Source: MarketWatch
Winnebago's stock surges after profit, revenue rise above expectations Shares of Winnebago Industries Inc. WGO, +0.16% jumped 6.3% in premarket trade Wednesday, after the recreational vehicle maker reported fiscal fourth-quarter earnings and revenue that rose above expectations, boosted by strength in towable sales. Net income for the quarter to Aug. 25 rose to $29.8 million, or 94 cents a share, from $24.9 million, or 79 cents a share, in the same period a year ago. The FactSet consensus for earnings per share was 91 cents. Revenue increased 18% to $536.2 million, above the FactSet consensus of $499.2 million, as motorhome revenue rose 2.5% to $228.5 million to top the FactSet consensus of $224.6 million and towable revenue grew 26% to $288.7 million to beat expectations of $270.7 million. The stock, which closed at a 16-month low as recently at Oct. 10, has tumbled 24% year to date through Tuesday, while the S&P 500 SPX, +2.15% is little changed. Have breaking news sent to yo Show less Read more
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