Winnebago Industries Inc. returned to a fiscal second-quarter profit Thursday. A. Schulman Inc. trades on the “New York Stock Exchange” under the stock symbol “WGO”. For the Latest information regarding “WGO”, make sure to visit the Most Exclusive and In Depth newsletter website at: http://www.wallstreetgrand.com/.
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Winnebago Industries Inc.(NYSE:WGO) returned to a fiscal second-quarter profit Thursday as revenue more than tripled with a rise in motor home deliveries.
Recreational vehicle makers were hit hard as many consumers postponed big-ticket purchases during the recession in an attempt to conserve cash, and many RV companies cut their inventory and other costs in response.
Winnebago earned $706,000, or 2 cents per share, for the period that ended Feb. 27. That compares with a loss of $10.4 million, or 36 cents per share, a year earlier.
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