Winnebago Industries' CEO Featured on CNBC
14 July 1998
Winnebago Industries' CEO Featured on CNBCFOREST CITY, Iowa, July 13 -- Bruce Hertzke, Winnebago Industries Chairman and Chief Executive Officer, was interviewed this morning by host Mark Haines on CNBC's "Squawk Box" financial news television program. The appearance was prompted by the Company's solid 1998 performance; its stock soaring to reach an 11 year high, closing at 14.4375 on July 10, 1998; and Robert Olstein's (Olstein Financial Alert Fund) "buy" rating communicated on the show's July 9 program. "This is a very exciting time for Winnebago because baby-boomers have begun to reach our prime 50 plus age market segment and many are discovering the benefits of the recreation vehicle lifestyle," Hertzke said. The Company's stock opened at 14.625 today. Incorporated in 1958, Winnebago Industries is now celebrating its 40th Anniversary. Winnebago Industries is a leading manufacturer of motor homes that are self-contained recreation vehicles used primarily in leisure travel and outdoor recreation activities. Other products manufactured by the Company consist principally of a variety of component products for other manufacturers. The Company builds quality products with state-of-the-art computer-aided design and manufacturing systems on automotive-styled assembly lines. The products and component parts conform to what the Company believes to be the most rigorous testing in the RV industry. The Company's common stock is listed on the New York, Chicago and Pacific Stock Exchanges and traded under the symbol WGO. Options for the Company's common stock are traded on the Chicago Board of Options Exchange. Visit Winnebago Industries' Web site at http://www.winnebagoind.com