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Business

Chris Markoch

Winnebago Misses Estimates, But Surges 14% After Earnings

Winnebago WGO Grand Design

Winnebago Industries (NYSE: WGO) reported earnings on June 25, and the results showed a company dealing with a consumer who is under pressure. The company missed on its top and bottom lines and lowered its full-year guidance. Still, WGO ended the day up 14.4% on a day when the broader market was struggling to find direction.

The company’s quarterly report could be neatly summarized in the first minute of the conference call.

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One subscription that gives you access to news from hundreds of sites

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