(Radio Iowa) –  First quarter earnings for Winnebago Industries were down 18 percent to 625-point-six million dollars. The company C-E-O Michael Happe (Happy) says they sold fewer units and the average selling price per unit was down to give them a net loss five-point-two million dollars, compared to net income of nearly 26 million last year. Happe says the outdoor recreation products business continues to face a difficult operating environment marked by soft retail demand and a cautious dealer network.

He says that results in lower revenues and profitability for their towable and motorhome R-V segments. Happe says recent recreational vehicle sales trends show some potential positives in the near future.