Winnebago Tells Investors the RV Market Will Recover

Investors were pleased with most of what they heard from Winnebago (NYSE: WGO) in its fiscal second quarter results. The recreational vehicle giant gained market share and grew sales across both its towable and motorized RV divisions. Management also noted positive developments in the wider industry -- right up until COVID-19 ground economic growth to a halt.

CEO Michael Happe and his team discussed that slowdown in a conference call with investors while detailing Winnebago's plan to navigate through the financial and operational aspects of this slump. Let's look at a few highlights from that call.

Image source: Getty Images.

Continue reading


Source Fool.com