UPDATE 2-Winnebago net up, lower backlog hurts shares

Newswire

(Adds details, byline, updates share activity, changes dateline from FOREST CITY, Iowa) By Susan Kelly CHICAGO, Dec 18 (Reuters) - Winnebago Industries Inc. on Wednesday reported higher quarterly earnings as low interest rates boosted demand for its signature motor homes, but a declining order backlog sent its shares tumbling about 10 percent. The No. 1 seller of motor homes in North America said it reduced its backlog of orders in the latest quarter after running nine months of ...

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