Should Investors Avoid Winnebago Stock Next Week?
Winnebago's (NYSE: WGO) business has been on a fantastic upswing over the last few quarters. Demand is soaring for its recreational vehicle products, which is helping to push prices -- and profitability -- toward record highs.
Yet the stock has still declined sharply in 2022, falling over 30% to trail the wider market. Investors are worried about several challenges, including supply chain problems. But the biggest concern is that Winnebago will be caught with too much inventory in the event of a recession or slowdown in the RV industry.
With that in mind, let's take a closer look at the earnings update coming from the company on June 22.
Source Fool.com
