Going forward, given the tightening of credit standards by lenders, Bob Olson, Chairman and Chief Executive of Winnebago Industries (WGO-$7.25), said that the nation's top-selling motor home manufacture expects that repurchase activity will remain high—persisting for some time, possibly into early 2010. In addition, as motor home shipments for November plummeted 77 percent year-over-year to a multi-year low of 700 units, the company acknowledged that it may also be necessary to offer greater discounts in order to relocate returned vehicles to …. Read More….Editor David J Phillips does not hold a financial interest in any stocks mentioned in this article. The 10Q Detective has a Full Disclosure Policy.
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