Winnebago Industries, Inc. (WGO): A Bear Case Theory

We came across a bearish thesis on Winnebago Industries, Inc. (WGO) on Substack by Hunterbrook Media. In this article, we will summarize the bears’ thesis on WGO. Winnebago Industries, Inc. (WGO)'s share was trading at $61.64 as of Nov 6^th. WGO’s trailing and forward P/E were 140.09 and 13.02 respectively according to Yahoo Finance.

[caption id="attachment_1207540" align="aligncenter" width="768"] A well lit Airstream RV parked in the outdoors, highlighting the recreational vehicles offered by the company.[/caption]

Winnebago, a well-established manufacturer of recreational...