Winnebago(US:WGO) Globenewswireยท2025-06-05 11:00Core Viewpoint - Winnebago Industries anticipates lower net revenues and earnings for the third quarter of fiscal 2025 due to macroeconomic uncertainties affecting consumer sentiment and dealer networks [2][3] Financial Performance - Estimated net revenues for the third quarter of fiscal 2025 are approximately $775 million [2] - Reported earnings per diluted share are expected to be in the range of $0.55 to $0.65, while adjusted diluted earnings per share are projected to be between $0.75 and $0.85 [2] Market Conditions - The selling season began positively in March but faced challenges in the last two months of the fiscal third quarter due to growing macroeconomic uncertainty [3] - The Winnebago Motorhomes business unit is experiencing the most significant market pressures, leading to expectations of lower net revenue than previously anticipated [3] Strategic Actions - The company is implementing inventory management strategies to align production with market demand and dealer needs [3] - Significant steps have been taken to lower field inventory, improve working capital, and adjust production schedules [3] - Cost reduction and profitability improvement strategies are being initiated for fiscal 2025, including modifying production schedules and adjusting headcount [3] Business Transformation - The ongoing transformation of the Winnebago Motorhomes unit aims to enhance agility and long-term success [3] - Grand Design Towables is showing market share progress in the travel trailer segment, with strong demand for new motorhome products [3] - Newmar's Class A diesel market share has exceeded 30%, and the expanded product lineup is expected to contribute positively to future performance [3] Upcoming Events - Winnebago Industries will participate in the Baird 2025 Global Consumer Technology & Services Conference on June 5, 2025 [4] - The company plans to report its third quarter fiscal 2025 financial results on June 25, 2025, followed by a conference call [5]