Consumer Cos Up as Carnival Strength Offsets Winnebago Weakness — Consumer Roundup

Consumer companies ticked up amid mixed signals from two discretionary-spending bellwethers.

Carnival shares rallied as demand for cruise travel remained high, generating stronger-than-anticipated quarterly earnings for the shipping line.

In a bad sign for discretionary spending, however, shares of recreational-vehicle maker Winnebago Industries slid to a two-year low as a shift in its sales mix towards its budget products drove the iconic RV maker to a surprise quarterly loss.

Write to Rob Curran at rob.curran@dowjones.com

Corrections & Amplifications

This headline was corrected on Dec. 23, 2024 because it misstated the companies in the headline. Carnival shares rose and Winnebago Industries shares fell on Friday.

(19:01 GMT) Correction to Consumer Cos Up Headline on Dec. 20

Carnival shares rose and Winnebago Industries shares fell on Friday. "Consumer Cos Up as Winnebago Strength Offsets Carnival Weakness — Consumer Roundup," at 5:45 p.m. ET on Dec. 20, misstated the companies in the headline.