Winnebago Results Dragged by 'Challenging' Environment

Key TakeawaysWinnebago Industries reported a surprise first-quarter loss and revenue missed estimates on falling consumer demand and hesitant dealers.The RV maker posted a per-share loss of $0.18, while analysts were expecting a profit of $0.04. Revenue slumped 18% year-over-year to $625.6 million.Winnebago's CEO said the market for its vehicles "remained challenging." Recreational vehicle (RV) maker Winnebago Industries (WGO) posted a surprise quarterly loss Friday as it faced soft consumer demand and caut ...