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Winnebago Industries Reports Third Quarter Fiscal 2024 Results
GlobeNewswire News Room· 2024-06-20 11:00
EDEN PRAIRIE, Minn., June 20, 2024 (GLOBE NEWSWIRE) -- Winnebago Industries, Inc. (NYSE: WGO), a leading outdoor lifestyle product manufacturer, today reported financial results for the Company's fiscal 2024 third quarter ended May 25, 2024. Revenues of $786.0 million Gross profit of $118.2 million, representing 15.0% gross margin Diluted earnings per share of $0.96; adjusted diluted earnings per share of $1.13 Adjusted EBITDA of $58.0 million, representing 7.4% adjusted EBITDA margin Cash and cash equivale ...
Winnebago (WGO) Q3 Earnings Preview: What You Should Know Beyond the Headline Estimates
ZACKS· 2024-06-14 14:15
Over the last 30 days, there has been a downward revision of 7.5% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe. That said, let's delve into the average estimates of some Winnebago metrics that Wall Street analysts commonly model and monitor. According to the collective judgment of analysts, 'Net Revenues- Corporate / All Other' should come in at $13.63 ...
Earnings Preview: Winnebago Industries (WGO) Q3 Earnings Expected to Decline
ZACKS· 2024-06-13 15:18
Zacks Consensus Estimate Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only. On the other hand, the stock currently carries a Zacks Rank of #4. For the last reported quarter, ...
Winnebago Industries' Third Quarter Fiscal 2024 Financial Results Announcement to be made on June 20, 2024
GlobeNewswire News Room· 2024-06-04 20:30
Core Viewpoint - Winnebago Industries, Inc. is set to release its earnings for the third quarter of fiscal 2024 on June 20, 2024, before market opening, followed by a conference call to discuss the results [1]. Group 1: Earnings Release and Conference Call - The earnings release for the third quarter fiscal 2024 will be issued before the market opens on June 20, 2024 [1]. - A conference call to discuss the financial results will take place on June 20 at 9 a.m. CT [1]. Group 2: Access to Information - Interested parties can listen to the conference call live via the company's website, and the event will be archived for replay for up to one year [2]. Group 3: Company Overview - Winnebago Industries is a leading North American manufacturer of outdoor lifestyle products, including motorhomes, travel trailers, and powerboats, under various brands [3]. - The company is committed to sustainable innovation and vertical integration, operating multiple facilities across several states [3]. - Winnebago Industries is publicly traded on the New York Stock Exchange under the symbol WGO [3].
As outdoor participation increases, more people seek health benefits of outdoor activity, according to Winnebago Industries insights survey
globenewswire.com· 2024-05-23 20:02
EDEN PRAIRIE, Minn., May 23, 2024 (GLOBE NEWSWIRE) -- More Americans are looking to the outdoors as a place to find health and happiness than ever before according to a recent survey from Winnebago Industries (NYSE: WGO), a leading manufacturer of outdoor recreation products. Now in its fourth year, the Winnebago Industries Spotlight Survey looks at outdoor industry trends and consumer behavior. Overall, 71% percent of respondents in this year's survey agree that outdoor activities are beneficial to their h ...
Winnebago Industries Board of Directors Approves Quarterly Cash Dividend
globenewswire.com· 2024-05-15 22:20
Contacts EDEN PRAIRIE, Minn., May 15, 2024 (GLOBE NEWSWIRE) -- Winnebago Industries, Inc. (NYSE:WGO), a leading outdoor lifestyle product manufacturer, today announced that the company's Board of Directors approved a quarterly cash dividend of $0.31 per share payable on June 26, 2024, to common stockholders of record at the close of business on June 12, 2024. With this announcement, Winnebago Industries has paid a quarterly cash dividend to common stockholders of record for the last 40 quarters. "This divid ...
Grand Design RV is Giving Away a Summer of Free Camping
Newsfilter· 2024-05-15 20:31
MIDDLEBURY, Ind., May 15, 2024 (GLOBE NEWSWIRE) -- To celebrate the launch of their new Lineage Class C motorhome, Grand Design RV, a wholly owned subsidiary of Winnebago Industries (NYSE:WGO) and one of the fastest-growing RV brands known for its top-of-the-line recreational vehicles, is bringing camping to the heart of New York City this summer by offering one lucky winner the Ultimate Glamping Getaway Weekend, plus a summer filled with outdoor adventures. One grand prize winner and their guest will have ...
Grand Design RV Announces First Motorized RV, 'Lineage' Class C
Newsfilter· 2024-04-10 14:00
MIDDLEBURY, Ind., April 10, 2024 (GLOBE NEWSWIRE) -- Grand Design RV has announced that their highly anticipated entrance into the motorized category will start with a class C motorhome under the brand name Lineage with an anticipated launch in July. This is the first motorized RV product from Grand Design. "The Lineage name recognizes that the brand is an extension of our strong Grand Design foundation while simultaneously representing what is passed forward over time. It recognizes our relentless commitme ...
Newsweek Magazine Names Winnebago Industries as One of the Most Trustworthy Companies in America 2024
Newsfilter· 2024-04-03 13:00
EDEN PRAIRIE, Minn., April 03, 2024 (GLOBE NEWSWIRE) -- Winnebago Industries (NYSE:WGO), a leading outdoor recreation product manufacturer, has been named by Newsweek to its 2024 Most Trustworthy Companies in America list. The respected ranking focuses on a holistic view of trust that considers three pillars: customer trust, employee trust, and investor trust. Newsweek's Most Trustworthy Companies list recognizes the top 700 companies in the United States, with a revenue of over $500 million, spanning 23 in ...
Winnebago(WGO) - 2024 Q2 - Earnings Call Transcript
2024-03-21 20:52
Winnebago Industries, Inc. (NYSE:WGO) Q2 2024 Earnings Call Transcript March 21, 2024 10:00 AM ET Company Participants Ray Posadas - VP of IR and Market Intelligence Michael Happe - President and CEO Bryan Hughes - SVP and CFO Conference Call Participants Scott Stember - Roth-MKM Tristan Thomas-Martin - BMO Capital markets Craig Kennison - Baird James Hardiman - Citi Bret Jordan - Jefferies Fred Wightman - Wolfe Research Michael Swartz - Truist Securities Joe Altobello - Raymond James Brandon Rolle - DA Dav ...