Winnebago's Earnings Call: 3 Big Takeaways
Winnebago Industries (NYSE: WGO) isn't fooling itself. The RV giant knows that much of its recent soaring sales growth is just temporary. Its more than 100% demand spike in the fiscal third quarter was partially powered by an unusually weak year-ago period. At the same time, stimulus checks helped convince people to buy RVs and boats in early 2021.
But management still sees a fundamentally stronger selling environment that should persist even as the COVID-19 threat fades. Let's look at why CEO Michael Happe and his team are so optimistic about the short term and long term for Winnebago.
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Source Fool.com
