EDEN PRAIRIE, Minn., March 27, 2025 (GLOBE NEWSWIRE) -- Winnebago Industries, Inc. (NYSE: WGO), a leading outdoor lifestyle product manufacturer, today reported financial results for the fiscal 2025 second quarter ended March 1, 2025. Second Quarter Fiscal 2025 Financial Summary CEO Commentary "Winnebago Industries continues to demonstrate solid performance in our strategic markets, leveraging product differentiation and sharper affordability options to maintain healthy market share in our core premium and ...

Financial Results - Winnebago Industries, Inc. is set to release its second-quarter financial results on March 27, with expected earnings of 16 cents per share, a decrease from 93 cents per share in the same period last year [1] - The company projects quarterly revenue of $616.66 million, down from $703.60 million a year earlier [1] Dividend Announcement - On March 19, Winnebago's Board of Directors approved a quarterly cash dividend of 34 cents per share [2] - Following the announcement, Winnebago shares increased by 1.1%, closing at $34.76 [2] Analyst Ratings - Keybanc analyst Brett Andress maintained an Overweight rating but reduced the price target from $58 to $47 [4] - Citigroup analyst James Hardiman kept a Buy rating while lowering the price target from $51 to $43 [4] - Truist Securities analyst Michael Swartz maintained a Buy rating and raised the price target from $56 to $58 [4] - Northcoast Research analyst John Healy upgraded the stock from Neutral to Buy [4] - Roth MKM analyst Scott Stember maintained a Neutral rating and cut the price target from $70 to $59 [4]

Group 1 - The RV industry has been facing challenges in recent months, with Winnebago Industries serving as a notable example of this trend [1] - Winnebago Industries specializes in the production and sale of recreational vehicles [1]

Winnebago Industries has paid a quarterly dividend for 43 consecutive quartersEDEN PRAIRIE, Minn., March 19, 2025 (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 $0.34 per share payable on April 30, 2025, to common stockholders of record at the close of business on April 16, 2025. “Our diverse yet balanced capital allocation strategy allows us to prioritize ...

Core Viewpoint - Winnebago Industries, Inc. is set to release its second quarter fiscal 2025 financial results on March 27, 2025, before the New York Stock Exchange opens, followed by a conference call with key executives [1]. Company Overview - Winnebago Industries, Inc. is a prominent North American manufacturer of outdoor recreation products, operating under brands such as Winnebago, Grand Design, Chris-Craft, Newmar, and Barletta [3]. - The company specializes in producing high-quality motorhomes, travel trailers, fifth-wheel products, outboard and sterndrive powerboats, pontoons, and commercial community outreach vehicles [3]. - Winnebago is committed to sustainable innovation and vertical integration in key component areas, with multiple facilities located in Iowa, Indiana, Minnesota, and Florida [3]. - The company's common stock is traded on the New York Stock Exchange under the symbol WGO [3].

Core Viewpoint - White Gold Corp. has announced promising results from its 2024 exploration diamond drilling programs at the QV and Betty properties, particularly highlighting the Chris Creek target which shows significant gold mineralization potential [1][2][3]. Group 1: Chris Creek Target - The Chris Creek target has been confirmed to contain a thick zone of gold mineralization over a 400 m strike length, with the anomaly extending over 2.2 km and remaining open for expansion [2][5]. - Initial drilling at Chris Creek involved 6 holes totaling 1,082 m, all of which intersected gold mineralization within a broad structure up to approximately 50 m in width [5][12]. - The gold mineralized zone shows continuity along strike and down-dip, with associated anomalous silver and tellurium, indicating a geochemical signature similar to the VG and Golden Saddle deposits [5][16]. Group 2: Betty Property - At the Betty property, 6 holes totaling 1,130.8 m were drilled across three targets: Black Betty, Betty White East, and Betty Ford [11][21]. - The Black Betty target returned the highest-grade gold of the Betty drill program, with 11.6 g/t Au over 1.10 m [23]. - The Betty Ford target, while encountering significant thicknesses of breccia, did not return significant gold values in the 2024 drilling [30]. Group 3: Future Exploration Plans - The company plans to continue exploration at the Chris Creek target and other prospective areas to identify regions hosting high-grade gold lodes [5][13]. - Future work will focus on expanding exploration efforts on the newly discovered targets, including the larger property-scale mineralized system on the QV property [5][11]. - The company is preparing a fully funded 2025 exploration program to follow up on successful results and test new targets [11]. Group 4: Property Overview - The QV property comprises 1,003 quartz claims covering 19,671 hectares and hosts the VG deposit, which has an Inferred resource of 295,500 oz gold at 1.47 g/t [34][37]. - The Chris Creek target is located approximately 9 km northwest of the VG deposit and has shown promising soil geochemical sampling results, with values as high as 600 ppb Au [35][36]. - The Betty property is strategically located near significant gold deposits, including Newmont Corporation's Coffee gold deposit and Western Copper and Gold Corporation's Casino porphyry deposit [20][37].

Core Insights - Winnebago Industries, Inc. will participate in the 46th Annual Raymond James Institutional Investors Conference on March 3, 2025, at 8:05 a.m. ET [1] - The event will feature Bryan Hughes, the senior vice president and chief financial officer, and Ray Posadas, vice president of investor relations and market intelligence [1] - A live webcast of the event will be available on the company's investor relations website and archived for 90 days [2] Company Overview - Winnebago Industries is a leading North American manufacturer of outdoor recreation products, including motorhomes, travel trailers, and powerboats [3] - The company operates under several brands, including Winnebago, Grand Design, Chris-Craft, Newmar, and Barletta Boat [3] - Winnebago is committed to sustainable innovation and vertical integration, with multiple facilities located in Iowa, Indiana, Minnesota, and Florida [3]

Core Viewpoint - Winnebago Industries, Inc. is increasing the maximum aggregate principal amount of its cash tender offer for its 6.250% Senior Secured Notes due 2028 from $75 million to $100 million, reflecting strong interest from noteholders [1][5]. Group 1: Tender Offer Details - The cash tender offer aims to purchase the 6.250% Senior Secured Notes due 2028, with an initial cap of $75 million now raised to $100 million [1]. - As of the Early Tender Date on February 14, 2025, a total of $243,886,000 of the Notes has been validly tendered, representing 81.30% of the outstanding amount [2][3]. - The Company will prorate the accepted principal amount of the Notes due to the oversubscription beyond the Tender Cap [5]. Group 2: Settlement Information - The early settlement date for the accepted Notes is set for February 20, 2025, with holders receiving accrued and unpaid interest up to that date [6]. Group 3: Company Overview - Winnebago Industries, Inc. is a leading manufacturer of outdoor lifestyle products, including motorhomes, travel trailers, and powerboats, with a commitment to sustainable innovation [9].

EDEN PRAIRIE, Minn., Feb. 14, 2025 (GLOBE NEWSWIRE) -- Winnebago Industries, Inc. (NYSE: WGO), a leading manufacturer of outdoor recreation products, announced today that Steve Speich will be joining the organization as senior vice president, enterprise operations, effective March 3, 2025. Speich joins Winnebago Industries after more than two decades as a manufacturing leader at John Deere and brings significant operations leadership experience to the role. Speich most recently served as global director of ...

EDEN PRAIRIE, Minn., Feb. 13, 2025 (GLOBE NEWSWIRE) -- Winnebago Industries (NYSE: WGO), a leading outdoor recreation product manufacturer, announced today that the company’s marine brands, Barletta Pontoon Boats and Chris-Craft, have been recognized with 2024 Customer Satisfaction Index (CSI) Awards by The National Marine Manufacturers Association (NMMA) at the 2025 Discover Boating® Miami International Boat Show®. The Marine Industry Customer Satisfaction Awards are presented to manufacturers and dealers ...