Winnebago Industries Reports Q4 EPS of $0.11 vs. $0.04

Winnebago Industries, Inc. WGO today reported results for the Company's second quarter and first six months of Fiscal 2011.

Revenues for the second quarter of Fiscal 2011 ended February 26, 2011 were $106.6 million, a decrease of 3.6 percent, versus $110.5 million for the second quarter of Fiscal 2010.

Net income for the second quarter was $3.3 million versus net income of $706,000 for the second quarter of Fiscal 2010. On a diluted per share basis, the Company had net income of $0.11 for the second quarter of Fiscal 2011 versus net income of $0.02 for the second quarter of Fiscal 2010. The net income for the second quarter of Fiscal 2010 reflected the positive impact of $2.2 million in tax benefits associated with various tax planning initiatives and tax settlements.