Friday, August 17, 2007

Winnebago CEO unfazed by churning markets

CHICAGO, Aug 16 (Reuters) - Recreational vehicles will still find buyers even though turmoil on Wall Street has shaken U.S. consumer confidence, U.S. motorhome maker Winnebago Industries Inc. (WGO.N: Quote, Profile, Research) chief Bruce Hertzke said on Thursday.

In an exclusive interview with Reuters, the CEO and chairman insisted Winnebago wasn't feeling an extra chill in the current stock market correction, nor was he worried about it hurting the already weak RV market -- even though the pricey products are discretionary purchases.

"We've had a lot tougher times than we've had right now," Hertzke told Reuters. "They're not great times now by any means. But we've seen worse."
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