Winnebago Industries (WGO) Declares $0.09 Quarterly Dividend; 1.7% Yield
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Winnebago Industries (WGO) Tops Q3 EPS by 2c; Declares Qtr. Dividend
June 25, 2015 7:06 AM EDTWinnebago Industries (NYSE: WGO) reported Q3 EPS of $0.43, $0.02 better than the analyst estimate of $0.41. Revenue for the quarter came in at $266.5 million versus the consensus estimate of $261.44 million.
Gross margin improved on a sequential quarter basis as motorized manufacturing inefficiencies moderated. However, on a year-over-year basis gross margin was slightly lower, a result of costs related to inefficiencies, partly offset by improved towable results. Operating expenses increased in the third quarter of Fiscal 2015 compared to the third quarter of Fiscal 2014 and included $0.8 million of incremental general and administrative expenses associated with two... More
