— Winnebago Industries (NYSE: WGO) reported fourth-quarter 2019 earnings of $1.01 per share, vs. $0.93 per share expected, helped by gross margin expansion of 10 basis points.
— Revenues edged down 1% to $530.4 million, vs. $520.6 million expected.
— Revenues for the Towable segment grew 6% $307.0 million, riding on strong organic unit deliveries of Grand Design RV. Revenues from Motorhome segment, meanwhile, slid 12% to $200.7 million, hurt by weakness in in Class C and Class A.
— WGO shares were down 1.8% during pre-market trading hours.
Most Popular
Does Unity Software (U) stock has more room to run?
Last month, the IPO market was in a full swing. IPOs of Snowflake (NYSE: SNOW) and JFROG (NASDAQ: FROG) had an impressive opening day in September, the former creating a
PepsiCo (PEP): Steady snacking habits amid pandemic drive strong quarter for beverage giant
PepsiCo Inc. (NASDAQ: PEP) beat market expectations on both revenue and earnings for the third quarter of 2020. The company saw the momentum continue in its snacks business while the
Does the virus-driven boom make Electronic Arts (EA) a good investment?
With more and more people turning to virtual entertainment sources, amid the virus-related movement restrictions, video game publishers like Electronic Arts (NASDAQ: EA) are witnessing unusually high demand. Not surprisingly,