Winnebago Industries reports record results for the last six months, but is wary of what a war with Iraq may do to the motor home industry. Winnebago Industries today reports net income of 12-point-three million dollars for the second quarter ending March 1st, almost a 31-percent increase when compared to the second quarter last year. Net income for the first 26 weeks of fiscal 2003 was a record 28-point-six million dollars, a more than 41-percent increase when compared to the same time period a year ago. Winnebago president Bruce Hertzke, though, admits his company is facing the lowest consumer confidence levels in recent history and the turmoil caused by the threat of war with Iraq, and it appears the R-V market has temporarily slowed. Winnebago has started going to four-day work weeks due to the market slowdown and higher inventories, but Hertzke remains confident that long-term prospects remain extremely positive.
