Winnebago quarterly profit rises on RV sales

Newswire

FOREST CITY, Iowa, Dec 18 (Reuters) - Winnebago Industries Inc. on Wednesday reported higher quarterly earnings on stronger demand for its recreational vehicles. The Forest City, Iowa-based manufacturer reported net income of $16.3 million, or 85 cents a share, for the first quarter ended Nov 30, compared with $10.7 million, or 51 cents, a year earlier. Wall Street expected earnings of 68 cents a share, according to a survey of four analysts by Thomson First Call. Revenue rose 31.7 ...

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