Besides the obvious problems with the Winnebago (WGO) business model and valuation, there are three other sticky wickets that people should be thinking about: the defined benefit obligations, the repurchase commitments, and inventory restocking pace. I will give some notes on each of them, below.
Postretirement health care
Winnebago provides certain health care and other benefits for retired employees hired before April 1, 2001, who have fulfilled eligibility requirements of age 55 with 15 years of continuous service. Retirees are required to pay a monthly premium for medical coverage based on years of service at retirement and then current age.
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Josie Maran Leighton Meester Dominique Swain Jamie Chung Alicia Witt
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