Winnebagoⓘ Industries reported lower revenue for the fourth quarter and the full fiscal year. Net revenue for the quarter was just over $645 million, compared with $777 million a year earlier, and $2.7 billion for the year against $2.8 billion. CEO Michael Happe said results were in line with expectations and named growing core motorhome and boat sales in North America as the priority for the next fiscal year. The company plans to cut more than 50 jobs at its Forest City plant by 9 November and is moving motorhome production from Lake Mills to the Forest City campus.
