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Winnebago Echoes Automakers’ Warning about US-China Trade War

Jitendra Parashar
Winnebago Echoes Automakers’ Warning about US-China Trade War

Yesterday, Winnebago Industries (WGO) released its third-quarter results for fiscal 2019. After yielding solid returns of 75.7% in 2017, Winnebago stock tanked 56.5% in 2018. Last year, the company’s rising dealer inventories and inflating costs due to trade war tariffs hurt investors’ sentiments.