Core Viewpoint - Winnebago Industries, Inc. has initiated a cash tender offer to purchase up to $75 million of its 6.250% Senior Secured Notes due 2028, reflecting a strategy to enhance shareholder value and optimize capital structure [1][4]. Group 1: Tender Offer Details - The tender offer is for a principal amount of up to $75 million, exclusive of premiums and accrued interest [1]. - The total outstanding amount of the Notes is $300 million, with a base consideration of $975.00 per $1,000 principal amount and an early tender premium of $30.00, leading to a total consideration of $1,005.00 for early tenders [2]. - Holders must tender their Notes by 5:00 p.m. New York City time on February 14, 2025, to be eligible for the total consideration [4][5]. Group 2: Management Commentary - The CEO emphasized the commitment to long-term shareholder value through disciplined capital allocation and leveraging strong liquidity [4]. - The CFO highlighted the proactive strategy to manage leverage and the ability to fund both organic and inorganic investments while returning cash to shareholders [4]. Group 3: Conditions and Timeline - The tender offer will expire on March 4, 2025, unless extended, and validly tendered Notes can be withdrawn until February 14, 2025 [5][6]. - If the principal amount of tendered Notes exceeds the tender cap, the acceptance will be prorated based on the amount tendered [7][8].

BRISTOL, Ind., Jan. 23, 2025 (GLOBE NEWSWIRE) -- Barletta Pontoon Boats, one of the fastest-growing pontoon boat makers in the segment and a wholly owned subsidiary of Winnebago Industries (NYSE: WGO), a leading outdoor recreation product manufacturer, has been recognized with a 2025 Discover Boating® Minneapolis Boat Show® Innovation Award by the National Marine Manufacturers Association (NMMA) and Boating Writers International (BWI) for its reimagined helm design and addressable lighting application, aest ...

EDEN PRAIRIE, Minn., Jan. 15, 2025 (GLOBE NEWSWIRE) -- Winnebago Industries, Inc. (NYSE:WGO), a leading manufacturer of outdoor recreation products, announced today that it will feature more than 165 models across its three leading RV brands – Newmar, Grand Design RV and Winnebago – at the 2025 Florida RV SuperShow, January 15-19, in Tampa, Florida. The company will highlight the latest smart RV technology, customer-centric features and quality-built travel trailers and motorhomes designed to elevate every ...

Core Insights - Winnebago Industries, Inc. will showcase over 165 models across its three leading RV brands at the 2025 Florida RV SuperShow, emphasizing smart RV technology and customer-centric features [1][2] Group 1: Winnebago Brands - Winnebago's full lineup of RVs aims to enhance outdoor experiences and create lasting memories for users [2] - Grand Design RV will present 61 coaches, including the debut of the Lineage® Series F Super C motorhome, which sets new standards in the Super C RV class [3][4] - Newmar will display 33 handcrafted coaches, including the Grand Star Super C, designed for both first-time RVers and seasoned enthusiasts [5][6] Group 2: Product Features and Innovations - New floorplans and updated features will be showcased in the Momentum toy-hauler line, including the new 388MBS floorplan for the Solitude fifth wheel [7] - The London Aire will now offer an optional Freightliner chassis, enhancing power and luxury [8] - Winnebago will display 71 motorized and towable RVs, featuring seven new and updated products [9][10] Group 3: Company Overview - Winnebago Industries is a leading manufacturer of outdoor lifestyle products, including motorhomes, travel trailers, and powerboats, with a commitment to sustainable innovation [11] - The company operates multiple facilities across Iowa, Indiana, Minnesota, and Florida, and is publicly traded on the New York Stock Exchange under the symbol WGO [11]

Corporate Responsibility and Sustainability Efforts - Winnebago Industries published its 2024 Corporate Responsibility Report, emphasizing its commitment to building a sustainable and inclusive future [1] - The report aligns with the Global Reporting Initiative (GRI) Universal Standards and includes an index based on the Task Force on Climate-Related Financial Disclosures (TFCD) and Sustainability Accounting Standards Board (SASB) recommendations [2] - The company's corporate responsibility efforts focus on nine priorities: ethics and integrity, safety, people, inclusion and belonging, community, waste, emissions, product stewardship, and water [3] - Winnebago Industries achieved a 10% reduction in greenhouse gas emissions and water consumption from its 2020 baseline through FY2023 [6] - The company improved its safety metrics, with a 29% year-over-year improvement in Total Recordable Incident Rate (TRIR) and a 21% improvement in Days Away, Restricted or Transferred (DART) [6] Recognition and Innovation - Winnebago Industries was recognized by USA TODAY as one of America's Climate Leaders and by Newsweek as one of America's Most Responsible and Most Trustworthy Companies [6] - The company introduced Winnebago Connect™, integrating smart technology with sustainability to enhance the RV experience [6] - A year-round, employee-driven community engagement program was launched, featuring an interactive app, tracking features, and rewards [6] Company Overview - Winnebago Industries is a leading North American manufacturer of outdoor recreation products, including motorhomes, travel trailers, fifth-wheel products, powerboats, pontoons, and commercial community outreach vehicles [5] - The company operates under brands such as Winnebago, Grand Design, Chris-Craft, Newmar, and Barletta, with facilities in Iowa, Indiana, Minnesota, and Florida [5] - Winnebago Industries is committed to advancing sustainable innovation and leveraging vertical integration in key component areas [5]

MIDDLEBURY, Ind., Jan. 14, 2025 (GLOBE NEWSWIRE) -- Campers and RV enthusiasts of all types can be the first to see the latest innovation in RVs in Florida this week. Grand Design RV® announced today the consumer debut of the highly anticipated Lineage® Series F Super C motorhome at the 2025 Florida RV Super Show, held January 15-19, in Tampa, Florida. The Series F sets new standards in the Super C RV class and represents the second coach in Grand Design’s Lineage motorized RV lineup, following the much-ant ...

Pack’s appointment follows retirement of Richard Moss after seven years of service to Winnebago Industries’ Board of DirectorsEDEN PRAIRIE, Minn., Jan. 08, 2025 (GLOBE NEWSWIRE) -- Winnebago Industries, Inc. (NYSE: WGO), a leading manufacturer of outdoor recreation products, today announced the appointment of Mike Pack, a senior executive for Oshkosh Corporation, to its board of directors, effective January 8, 2025. “Winnebago Industries is committed to continuing to be the trusted leader in outdoor recreat ...

TORNOTO, Jan. 06, 2025 (GLOBE NEWSWIRE) -- White Gold Corp. (TSX.V: WGO, OTCQX: WHGOF, FRA: 29W) (the "Company") is pleased to announce it has filed a technical report in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects to update the Mineral Resource Estimate (“MRE”) on its 100% owned flagship White Gold Project (“the Project”). The technical report entitled “2024 Technical Report for the White Gold Project, Dawson Range, Yukon, Canada” and dated January 3, 2025 (eff ...

Shares of Winnebago Industries Inc WGO remained under pressure on Monday, after the company reported a higher-than-expected loss for the first quarter.Here are some key analyst takeaways.Roth Capital Partners analyst Scott Stember reiterated a Neutral rating and price target of $56.BMO Capital Partners analyst Tristan Thomas-Martin maintained an Outperform rating and price target of $70.Truist Securities analyst Michael Swartz reaffirmed a Buy rating and price target of $64.Benchmark analyst Michael Albanes ...

Core Insights - Winnebago Industries (WGO) reported a significant decline in revenues and earnings for the first quarter of fiscal 2025, with revenues falling 18% year over year to $625.6 million, missing the Zacks Consensus Estimate of $675 million [6] - The company reaffirmed its fiscal 2025 consolidated revenue guidance in the range of $2.9 billion to $3.2 billion but tightened its adjusted EPS outlook to between $3.10 and $4.40, down from the previous range of $3 to $4.50 [3] Segment Performance - In the Towable RV segment, revenues decreased by 23.2% year over year to $254 million, with total deliveries down 15.7% to 6,616 units, both figures missing estimates [2] - The Motorhome RV segment saw revenues plunge 18.7% year over year to $271.7 million, with total deliveries falling 17.4% to 1,422 units, although this exceeded estimates [11] - The Marine segment reported revenues of $90.5 million, up 3.6% year over year, with total deliveries increasing by 4.7% to 1,171 units, slightly missing estimates [8] Financial Position - As of November 30, 2024, WGO had cash and cash equivalents of $262.5 million and long-term debt of $637.7 million [12] - The company repurchased shares worth $30 million during the quarter and declared a dividend of 34 cents per share [9] Peer Comparisons - REV Group reported fiscal fourth-quarter 2024 revenues of $597.9 million, exceeding estimates, while Thor Industries reported a revenue decline of 14.3% year over year to $2.14 billion, missing estimates [5][14]