分组1 - Worthington Enterprises reported quarterly earnings of $0.65 per share, missing the Zacks Consensus Estimate of $0.72 per share, but showing an increase from $0.60 per share a year ago, resulting in an earnings surprise of -9.72% [1] - The company posted revenues of $327.45 million for the quarter ended November 2025, surpassing the Zacks Consensus Estimate by 8.54% and increasing from $274.05 million year-over-year [2] - Worthington Enterprises has outperformed the S&P 500, with shares gaining about 44% since the beginning of the year compared to the S&P 500's gain of 15.9% [3] 分组2 - The earnings outlook for Worthington Enterprises is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The estimate revisions trend for Worthington Enterprises was mixed ahead of the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6] - The current consensus EPS estimate for the upcoming quarter is $1.00 on revenues of $325.5 million, and for the current fiscal year, it is $3.58 on revenues of $1.28 billion [7] 分组3 - The outlook for the Building Products - Wood industry, to which Worthington Enterprises belongs, is currently in the bottom 7% of over 250 Zacks industries, which may impact the stock's performance [8]

Core Viewpoint - THOR Industries, Inc. has announced a regular quarterly cash dividend of $0.52 per share, which will be payable on January 19, 2026, to shareholders of record as of January 5, 2026 [1] Company Overview - THOR Industries is the sole owner of operating subsidiaries that collectively represent the world's largest manufacturer of recreational vehicles [2]

Core Insights - Winnebago Industries, Inc. has received multiple awards for its premium RV brands—Winnebago, Newmar, and Grand Design—highlighting the company's commitment to innovation and quality in the outdoor recreation sector [1][3]. Product Portfolio - The company offers a diverse range of RVs, including luxury Class A motorhomes, travel trailers, and fifth wheels, catering to various customer needs and preferences [2]. Innovation and Recognition - Innovation is central to Winnebago's strategy, with notable advancements such as Grand Design's Lineage shower system, awarded Innovation of the Year, and Newmar's Freedom Aire, recognized as a Top RV Debut [3][6]. - Recent accolades include multiple RV of the Year awards across different categories, showcasing the company's leadership in the RV market [6]. Brand Commitment - The company emphasizes its dedication to enhancing outdoor experiences for customers through quality products and innovative designs, as stated by its executives [4][3].

Core Insights - Quanex Building Products (NX) reported quarterly earnings of $0.83 per share, exceeding the Zacks Consensus Estimate of $0.50 per share, and showing an increase from $0.61 per share a year ago, resulting in an earnings surprise of +66.00% [1] - The company achieved revenues of $489.85 million for the quarter ended October 2025, surpassing the Zacks Consensus Estimate by 3.78%, although this represents a slight decline from year-ago revenues of $492.16 million [2] - The stock has underperformed, losing approximately 40.2% since the beginning of the year, compared to a 17.1% gain in the S&P 500 [3] Earnings Performance - Over the last four quarters, Quanex has surpassed consensus EPS estimates three times [2] - The current consensus EPS estimate for the upcoming quarter is $0.08 on revenues of $399 million, and for the current fiscal year, it is $2.16 on revenues of $1.83 billion [7] Market Outlook - The company's earnings outlook and management commentary will be crucial for understanding future stock performance [4] - The Zacks Industry Rank indicates that the Building Products - Miscellaneous sector is currently in the bottom 43% of over 250 Zacks industries, which may impact stock performance [8]

RT Tesla Owners Silicon Valley (@teslaownersSV)What's up, FAM?I took my Tesla Cybertruck off-roading in Big Sur with my @UranderOfficial truck rack and Panoramic Tent.I've never been much of an outdoors guy, but Urander makes it so easy to set up the full outdoor experience with the Pano tent.With just two clicks, my tent is almost completely set up. This tent is the easiest one I've ever set up and allows me to have the full outdoor experience without dealing with a messy traditional tent!The rack allows m ...

Fiscal Year 2025 Highlights - REV Group returned $120.5 million cash to shareholders in Fiscal Year 2025[7, 30] - The company achieved record consolidated free cash flow[7, 30] - Fire & ambulance throughput & efficiency gains were realized[7, 25] - REV Group continues to invest in its facilities[7, 30] - Consolidated adjusted EBITDA margin expansion was achieved[7] - A strategic merger with Terex Corporation was announced[7] Fiscal Year 2025 Consolidated Results - Net sales were $2,464 million, compared to $2,380 million in FY'24[9], excluding Bus Manufacturing Businesses, net sales were $2,217 million[9] - Adjusted EBITDA was $229.5 million, compared to $162.8 million in FY'24[10], excluding Bus Manufacturing Businesses, adjusted EBITDA was $145.2 million with a margin of 6.5%[10] Fourth Quarter Fiscal 2025 Consolidated Results - Net sales were $664.4 million, compared to $597.9 million in Q4'24[16], excluding Bus Manufacturing Businesses, net sales were $588.1 million[16] - Adjusted EBITDA was $69.7 million, compared to $49.6 million in Q4'24[17], excluding Bus Manufacturing Businesses, adjusted EBITDA was $49.9 million with a margin of 8.5%[17] Fourth Quarter Fiscal 2025 Specialty Vehicles Results - Net sales were $507.4 million, compared to $439.9 million in Q4'24[23], excluding Bus Manufacturing Businesses, net sales were $430.1 million[23] - Adjusted EBITDA was $70.5 million, compared to $50.2 million in Q4'24[23], excluding Bus Manufacturing Businesses, adjusted EBITDA was $50.5 million with a margin of 11.7%[23] - The backlog is $4.4 billion, reflecting solid order revenue for fire apparatus and ambulances[24] Fourth Quarter Fiscal 2025 Recreational Vehicles Results - Net sales were $157.2 million, compared to $158.1 million in Q4'24[27] - Adjusted EBITDA was $9.0 million, compared to $8.1 million in Q4'24[27]

Core Insights - Marcus Lemonis will step down as CEO of Camping World Holdings Inc. on January 1, 2026, with current President Matthew Wagner named as his successor [1][2] - The leadership change comes as the RV industry shows signs of distress, reflecting broader economic challenges such as reduced consumer disposable income and high interest rates [2][3] - Camping World’s stock has seen a significant decline, trading near $10.30, which represents a roughly 50% drop over 2025, indicating a challenging retail environment [4][7] Company Transition - Matthew Wagner, who has been with Camping World since 2007 and served as President since July 2024, will officially take over as CEO at the end of the year [5] - Wagner expressed his honor in taking on the role despite the difficult macroeconomic conditions [5] - Brent Moody, a long-time company veteran, will become the Chairman of the Board [6] Economic Context - The RV industry is often seen as an indicator of the U.S. consumer economy, and recent trends suggest a "retail softening" in September and October, leading to a cautious outlook for 2026 [3] - The company is focusing on aggressive deleveraging of its balance sheet to address current economic challenges [4] Leadership Continuity - Marcus Lemonis will remain with the company as a non-executive Co-Founder and Special Advisor, maintaining a significant long-term shareholder role [7] - Lemonis expressed confidence in Wagner's leadership and shared philosophy regarding company growth and employee importance [6]

Core Insights - Polaris Slingshot has launched its 2026 model year lineup, featuring a limited-edition Grand Touring model and a variety of premium paint options designed to enhance the driving experience [1][2]. Product Features - The 2026 Slingshot Grand Touring model combines unique style with enhanced comfort, showcasing a two-tone Viper Black and Green Venom paint scheme with a color-shifting effect [3][4]. - The Grand Touring model includes factory accessories for improved comfort and functionality, such as a color-matched Slingshade and rear fender, along with custom-stitched heated and cooled seats [4]. - It is powered by a Polaris-built ProStar 2.0L four-cylinder engine, delivering 204 horsepower, and offers two driving modes: Comfort and Slingshot [5]. Technology and Comfort - The Grand Touring model features advanced technology, including a Rockford Fosgate® Stage 3 Max + Lighting system with 700 watts of sound and an XKGlow® Interior Lighting kit, which can be controlled via a mobile app [6]. - The subscription-based RIDE COMMAND+ service provides real-time weather and traffic overlays, vehicle locator, and health monitoring, with the first year offered for free [6]. Aesthetic Enhancements - The 2026 lineup introduces new paint colors and iridescent finishes across various models, enhancing the visual appeal of the Slingshot [7][8]. - Notable new colors include White Lightning, Sunburst Orange, and Mirage Gray, with the top-tier Slingshot R featuring premium paint options like Radiant Gray with Red Indy Pearl [9][10]. Wheel Design - The 2026 models, particularly the SLR and R, feature new five-spoke honeycomb wheels that improve performance and enhance the overall aesthetic [11]. Pricing Information - The pricing for the 2026 Slingshot models starts at $24,999 for the base S model and goes up to $44,149 for the Grand Touring model, reflecting the premium features and finishes [16].

Core Insights - THOR Industries, Inc. reported earnings of 41 cents per share for Q1 fiscal 2026, exceeding the Zacks Consensus Estimate of a loss of 11 cents and up from 26 cents per share in the same quarter of fiscal 2025 [1] - The company achieved revenues of $2.39 billion for the fiscal first quarter, surpassing the Zacks Consensus Estimate of $2.12 billion, representing an 11.5% year-over-year increase [1] Segmental Results - North American Towable RVs segment revenues remained flat at $897.1 million, exceeding the estimate of $810.6 million [2] - North American Motorized RVs segment revenues totaled $661.1 million, a 30.9% year-over-year increase, surpassing the estimate of $520.3 million [4] - European RVs segment revenues reached $655.5 million, an 8.4% increase from the previous year, also beating the estimate of $617.1 million [5] Profitability Metrics - Gross profit for the company totaled $119 million, a 5.8% year-over-year increase, attributed to reduced warranty and promotional expenses [3] - The North American Motorized RVs segment gross profit was $71.6 million, up 67.6% year-over-year due to volume leverage and lower warranty costs [4] - The European RVs segment gross profit fell to $77.8 million, a 16% decline year-over-year, with a pretax loss of $26.6 million compared to a pretax income of $1.18 million in the previous year [6] Financial Position - As of October 31, 2025, THOR had cash and cash equivalents of $509.9 million and long-term debt of $913.1 million [7] - The company reported an operating cash outflow of $44.9 million, contrasting with an operating cash inflow of $30.7 million in the same quarter of 2025 [7] Guidance - THOR expects fiscal 2026 consolidated net sales to be in the range of $9-$9.5 billion, down from $9.6 billion in fiscal 2025, with EPS projected between $3.75-$4.25 compared to $4.84 in fiscal 2025 [8]

Financial Data and Key Metrics Changes - Revenue for Q3 2026 was CAD 2.3 billion, a 14% increase compared to the previous year, driven by stronger ORV shipments, partially offset by lower snowmobile deliveries [11][3] - Normalized EBITDA grew 21% to CAD 326 million, and normalized EPS rose 33% to CAD 1.59 [11][3] - Free cash flow from continued operations was CAD 320 million, with cash on hand at CAD 250 million [11][12] Business Line Data and Key Metrics Changes - ORV revenue increased by 22% to CAD 1.3 billion, with side-by-side retail up in high single digits, outperforming the industry [6][3] - Seasonal products revenue decreased by 2% to CAD 606 million due to planned reductions in snowmobile shipments [8][3] - Parts, accessories, and apparel revenue rose 18% to CAD 379 million, reflecting higher sales volumes as dealers replenished inventory [10][3] Market Data and Key Metrics Changes - North American retail sales decreased by 4%, with a 1% decline excluding snowmobiles, while Latin America saw a 13% increase in retail sales [4][3] - EMEA markets experienced a 4% decline in retail, and Asia-Pacific saw an 11% decrease [4][3] - Demand remained stronger for high-end products compared to entry-level models, which is favorable for the company’s new high-end model introductions [4][3] Company Strategy and Development Direction - The company is focused on disciplined execution and operational efficiency, with a strategic plan aiming for CAD 9.5 billion in revenue and CAD 8 in normalized EPS by the end of fiscal 2028 [16][17] - The company plans to enhance capital returns to shareholders by reactivating its share buyback program, allowing for the repurchase of up to 3.1 million shares over the next 12 months [12][3] - The company is well-positioned to capture demand upside as market conditions improve, supported by a strong product lineup and healthy network inventory levels [14][3] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving higher guidance for fiscal 2026, expecting approximately CAD 8.3 billion in revenue and CAD 5 in normalized EPS for the year [15][3] - The company anticipates a flat industry for ORV retail in the next 12 months, with expectations for improved dealer sentiment and strong product introductions [37][3] - Management noted that the promotional environment remains elevated, particularly for entry-level models, but high-end products are performing well [36][3] Other Important Information - The company has successfully reduced network inventory by 17% year-over-year, positioning dealers to take on new products as production ramps up [13][3] - The company is in the process of selling its marine business, with expected cash inflow of around CAD 200 million from the sale of Telwater, pending regulatory approval [81][3] - The company is actively monitoring macroeconomic conditions and tariff negotiations, focusing on supporting the industry and adapting to changes [41][3] Q&A Session Summary Question: Insights on ORV market share and inventory dynamics - Management noted strong engagement from dealers and positive retail trends for new models, with gains in current inventory but losses in non-current inventory as planned [20][21] Question: Dealer appetite for inventory investment - Management indicated that dealers are more willing to take on new models due to reduced inventory and strong product offerings, with good engagement observed [28][29] Question: Impact of promotional environment on sales - Management acknowledged that while the industry remains promotional, their sales programs are trending lower than the previous year, contributing to better performance [53][11] Question: Expectations for snowmobile market and inventory levels - Management expects to clear older models by the end of the snowmobile season, with a good start to the season and plans to realign inventory levels [49][50] Question: Future CapEx and investment plans - Management confirmed a focus on responsible CapEx spending, with expectations of around CAD 420 million for the next year, primarily for product and technology investments [83][3]