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Winnebago 3Q Profit Falls

Motor home manufacturer Winnebago Industries Inc. reported its earnings fell 14.4 percent in the third quarter as higher materials and labor costs hurt its profit margins, according to the Associated Press.

The Des Moines, Iowa-based company's shares fell 2 percent in afternoon trading. Winnebago earned $11.3 million, or 35 cents a share, in the three months ended May 26 versus $13.2 million, or 40 cents a share, a year ago.

Posted by   at 1:09 PM to Companies | Permalink

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