Image Source: Zacks Investment Research Recreational vehicles had emerged as a rare travel winner in 2020 and 2021. But the party for this pandemicwinning industry finished in 2022 amid economic uncertainties. Per the RV Industry Association, RV sales have almost halved from their 2021 peak. Motorhomes and towable trailers witnessed their worst year in more than a decade in 2023. Given the macroeconomic softness, elevated interest rates and persistent inflation, industry participants like Winnebago, Thor In ...

year. VAL Winnebago Industries Inc (WGO) Price % Change SPDR® S&P 500® ETF Trust (SPY) Price % Change -24.88% 14.47% 15.00% Jan '24 Feb '24 Mar "24 Apr "24 May '24 Jun '24 Seeking AlphaQ Jun 24, 2024, 1:48 PM EDT Powered by YC HARTS Data by YCharts Quarterly results Revenues If we break down the results into three segments, namely towable RV, motorhome RV and manine, we can see that the marine segment has had the worst performance compared to the prior year. While revenues in the towable RV segment have rem ...

Winnebago Industries (WGO) reported adjusted earnings of $1.13 per share for third-quarter fiscal 2024 (ended May 25, 2024), missing the Zacks Consensus Estimate of $1.30 and falling 46.9% year over year. The recreational vehicle (RV) maker reported revenues of $786 million for the quarter under review, missing the Zacks Consensus Estimate of $800 million. The top line also fell 12.7% year over year. Segmental Performance Towable RV: Revenues in the Towable RV segment rose 0.6% year over year to $386.3 mill ...

For the quarter ended May 2024, Winnebago Industries (WGO) reported revenue of $786 million, down 12.7% over the same period last year. EPS came in at $1.13, compared to $2.13 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $800.03 million, representing a surprise of -1.75%. The company delivered an EPS surprise of -13.08%, with the consensus EPS estimate being $1.30. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wa ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended May 25, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________________ to _________________ Commission File Number: 001-06403 WINNEBAGO INDUSTRIES, INC. If an emerging growth company, indicate by check mark if the r ...

Forward Looking Statements June 20, 2024 INDUSTRY AND MARKET DATA 2 04 3 • Solid sequential top- and bottom-line improvement, paced by Towable RV and Marine segments • Returned more than $29 million to shareholders through share repurchases and dividends in Q3 4 11.00 North America RV Industry Retail Sales | --- | --- | --- | --- | --- | --- | --- | --- | |-------------------------------------------------------------------------------------------------------------|------------------------------------------- ...

Winnebago Industries, Inc. (NYSE:WGO) Q3 2024 Earnings Conference Call June 20, 2024 10:00 AM ET Company Participants Ray Posadas - VP of IR & Market Intelligence Michael Happe - President & CEO Bryan Hughes - SVP & CFO Conference Call Participants Tristan Thomas-Martin - BMO Capital markets James Hardiman - Citi Bret Jordan - Jefferies Michael Swartz - Truist Securities Noah Zatzkin - KeyBanc Capital Markets Craig Kennison - Baird Scott Stember - Roth-MKM Joe Altobello - Raymond James David Whiston - Morni ...

Winnebago Industries (WGO) came out with quarterly earnings of $1.13 per share, missing the Zacks Consensus Estimate of $1.30 per share. This compares to earnings of $2.13 per share a year ago. These figures are adjusted for non-recurring items. Over the last four quarters, the company has surpassed consensus EPS estimates two times. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary ...

-- Barletta Accelerates its Share Momentum in the U.S. Aluminum Pontoon Market Achieving Double Digit Market Share in the Most Recent Three- and Six-Month Periods -- (1) -- Company Returns $87.8 Million to Shareholders Through Share Repurchases and Dividends Through the First Nine Months of Fiscal 2024 -- Exhibit 99.1 News Release WINNEBAGO INDUSTRIES REPORTS THIRD QUARTER FISCAL 2024 RESULTS -- Resilient Profitability, Supported by Solid Sequential Improvement in Towable RV and Marine Segments -- EDEN PRAI ...

Earnings per common share: Basic $ 0.99 $ 1.95 Diluted $ 0.96 $ 1.71 Weighted average common shares outstanding: Basic 29.2 30.4 Diluted 30.4 35.4 | --- | --- | --- | --- | --- | --- | --- | |--------------------------------------------------|--------------|-------|-------|--------------|-------|-------| | | | | | | | | | (in millions, except percent and per share data) | May 25, 2024 | | | May 27, 2023 | | | | Net revenues | $ 2,252.6 | 100.0 | % | $ 2,719.7 | 100.0 | % | | Cost of goods sold | 1,913.3 | 8 ...