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free_bee

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Thursday, 03/27/2014 10:54:57 AM

Thursday, March 27, 2014 10:54:57 AM

Post# of 42
Winnebago Industries said this morning that income increase for the second quarter of fiscal year 2014 over the same quarter last year.

The motor home manufacturer's net income increased to 9.6 million and grew by 52.6 percent compared to the same quarter in fiscal year 2013.

Operating income also increased from last year to $14 million, or a 58.2 percent increase from the second quarter of fiscal year 2013.

Company officials said in a news release that revenue and income results were driven by motor home unit growth along with gross margin improvement and incremental leverage of operating expenses. The company also said the severe winter weather conditions prevented some deliveries of units to dealers.

http://globegazette.com/winebago-industries-releases-second-quarter-report/article_3e3c17c6-333a-5b38-88fb-d655e70bafab.html
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