DES MOINES, Iowa (AP) -- Motor-home manufacturer Winnebago Industries Inc. reported sharply lower profits for its fiscal fourth quarter due to product liability claims and a decrease in sales because of higher interest rates and fuel prices.

Shares of the company fell $1.08, or 3.14 percent, to close at $33.28 on the New York Stock Exchange.

The Forest-City, Iowa-based company earned $9.3 million, or 30 cents a share, for the quarter, compared with $15.4 million, or 46 cents a share, a year ago.

Sales for the quarter were reported at $205.4 million, a decrease of 11.3 percent from sales of $231.5 million a year ago.