Winnebago Slips Over 6% In Pre-market As Q3 Profit Plunges

(RTTNews) - Shares of recreation vehicles maker, Winnebago Industries, Inc. (WGO), are trading down on Wednesday morning after it posted a decline in earnings and revenue for the third-quarter.

WGO was trading down by 6.51 percent at $60 per share in the pre-market trading on the New York Stock Exchange.

The company's third-quarter net income plunged to $59.1 million or $1.71 per share from $117.2 million or $3.57 per share in the prior-year quarter.

Revenues for the quarter declined 38.2 percent to $900.8 million from $1.46 billion in the same quarter last year.