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IADEMO2004

(5,553 posts)
8. Winnebago Industries Forest City, IA Steve King's district. Wonder how their sale are going.
Mon Aug 19, 2019, 05:55 PM
Aug 2019

edit add:

https://www.google.com/search?client=firefox-b-1-d&q=Winnebago+Industries+DJIA

July 31 $40.31

Aug 19 $33.96


https://www.marketwatch.com/story/winnebago-could-take-a-double-digits-of-millions-of-dollars-hit-from-china-trade-war-2019-06-19

Winnebago Industries Inc. said Wednesday that the U.S.-China trade war will have a “material dollar impact” on results, but the recreational-vehicle maker said in some cases its options to deal with the impacts are limited or just not worth the cost.

Still, Winnebago’s stock WGO, +1.28% swung to a gain of 3.7% to the highest close since Aug. 3, 2018, reversing earlier intraday losses of as much as 4.1%, after the company reported a fiscal third-quarter profit that beat expectations but revenue that missed, as weakness in its motorhome business offset strength in towables.

In the company’s earnings release, Chief Executive Michael Happe said the materials-cost environment remains “volatile,” as newly implemented and pending tariffs resulting from the U.S.-China trade war will start to impact input costs in the back half of 2019.

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