Thursday, October 22, 2009
Winnebago Chairman Optomistic Despite 4Q Loss
Winnebago Industries' top executive wants people to look above the bottom line when it comes to the quarterly and year-end financial report it released on Thursday morning.
“I'm optimistic. I'm cautiously optimistic,” Winnebago Chairman of the Board, CEO and President Bob Olson said, “that we are finally seeing signs of a turnaround.”
The bottom line, though, wasn't pretty for the Forest City-based motor-home manufacturer. The company reported a net loss of $50.2 million in the fourth quarter that ended on Aug. 29 and a net loss of $78.8 million for the year.
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“I'm optimistic. I'm cautiously optimistic,” Winnebago Chairman of the Board, CEO and President Bob Olson said, “that we are finally seeing signs of a turnaround.”
The bottom line, though, wasn't pretty for the Forest City-based motor-home manufacturer. The company reported a net loss of $50.2 million in the fourth quarter that ended on Aug. 29 and a net loss of $78.8 million for the year.
Full Story...
-------------
Click Here to Join the Good Sam Club
CSP is a mechanical breakdown plan for your Motorhome, Travel Trailer, and Tow Vehicle! For a FREE Quote Click Here
Are you paying too much for your RV Insurance? Click here for a free quote from Good Sam VIP
Protect your RV and your family while on the road: Join Good Sam RV Emergency Road Service Today and save!
# posted by Steven Fletcher : 10:41 AM
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