Winnebago Industries ( WGO) said profits fell 39% for the second quarter ended Feb. 25 due to lower motor home deliveries and lower prices. The motor home manufacturer earned $7.7 million, or 23 cents a share, compared with $12.6 million, or 37 cents a share, a year earlier. Earnings included stock option expense of 2 cents a share. Analysts polled by Thomson First Call were expecting earnings of 38 cents a share. Second quarter revenue fell 13.8% from a year ago to $206.4 million. Analysts were expecting revenue of $226.2 million in the most recent quarter. Operating profit margin declined 280 basis points to 5.1%. "Revenues and net income for the quarter and first six months were negatively impacted primarily by lower motor home deliveries as a result of decreased industry retail demand," the company said. "We were also impacted by a shift towards lower priced motor home products." Sales order backlog stood at 1,581 units at the end of second quarter.