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Winnebago Shares Drop Despite Beating Q1 Earnings

Published 2 days, 3 hours ago
Description

Winnebago Industries shares plummeted after mixed Q1 earnings; while revenue and earnings per share surpassed expectations, a disappointing full-year outlook led to a 6.9% drop, closing at $32.67. The stock has been down 20% this year, trading 34.5% below its 52-week high. Despite a slight miss on full-year revenue, adjusted earnings per share beat projections, sparking some optimism amidst market jitters and the stocks volatility.

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