Winnebago Shrugs Off RV Industry Declines
The recreational vehicle industry has been in decline for over a year, but there's little evidence of that headwind in Winnebago's (NYSE: WGO) latest earnings results. In fact, the RV giant recently reported surprisingly strong revenue to kick off its fiscal 2020.
The results weren't uniformly positive, since they included a rare profitability decline and weak backorder trends for both towable and motorized RV products. Yet Winnebago appears set to materially outperform rivals like Thor Industries in the year ahead.
Let's take a closer look.
Source Fool.com
