Despite another quarter of falling net revenues, the leader of Winnebago Industries remains optimistic about the future. The outdoor lifestyle products manufacturer — which has factories in Forest City and Lake Mills — reports net revenue for the second quarter at more than $620 Million, a drop of more than five-million from the first quarter and down nearly 12% from the second quarter last year. Winnebago CEO Michael Happe says despite economic challenges in the market, the company’s business is healthy.
Happe says the fiscally responsible manner in which Winnebago has been managed has been a cornerstone of the company’s success.
Happe says the focus of the company for the remainder of the fiscal year and beyond is to capitalize on opportunities.
Gross profit for the company for the quarter was just over 83-million dollars, a decrease of 21% compared to the second quarter last year.
