Winnebago stock set to surge after big profit, revenue beats and upbeat outlook
Shares of Winnebago Industries Inc. were indicated up more than 2% in premarket trading Wednesday, after the recreational vehicle company reported fiscal second-quarter profit and revenue that were well above expectations, amid signs of "strong retail momentum" heading into the spring season. Net income rose about fourfold to $69.1 million, or $2.04 a share, from $17.3 million, or 51 cents a share, in the year-ago period. Excluding non-recurring items, adjusted earnings per share climbed to $2.12 from 67 cents... Читать дальше...