Ray had mentioned this to me recently, so I checked it out. The news for Winnebago Industries is dire. Winnebago sales are down drastically. Revenues are down 40% from a year ago, and shares have lost 60% of their value over the past year. Apparently the high price of gas and an uncertain economy has caught up with the motor home industry.
Interestingly enough, motorhome sales in Great Britain are up 50% . It seems that they are opting for adventures close to home over airline vacations.
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