Winnebago Industries (NYSE:WGO) shares moved higher before Thursday's opening bell as the outdoor lifestyle product manufacturer reported better-than-expected revenue for the first quarter. The company posted revenue of $625.6 million for the quarter, above estimates of $621.4 million.
Winnebago Industries (WGO) came out with quarterly earnings of $0.19 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.93 per share a year ago.
Winnebago Industries is lowering its guidance for fiscal 2025 as demand for RVs and boats continues to be strained by high interest rates, volatile consumer trends and inventory drawdowns.
-- Improves Sequential Profitability, Driven by Margin Growth in All Segments -- -- Completes $100 Million High Yield Debt Tender , Enhancing Capital Efficiency Through Strategic Debt Reduction -- -- Barletta's Share of U.S. Aluminum Pontoon Market Increases to 9.5% (1) , up 140 Basis Points YoY -- -- Newmar Delivers its Fourth Straight Year of Increasing Market Share in Class A Diesel Segment (2) -- 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.
Winnebago Industries, Inc. WGO will release its second-quarter financial results before the opening bell on Thursday, March 27.
Despite recent struggles in the RV industry, Winnebago Industries remains a 'buy' due to its attractive valuation and potential for recovery. Revenue and deliveries have declined, but management's optimistic projections for 2025 suggest potential improvement in earnings and revenue. Macroeconomic challenges like inflation and high interest rates have impacted consumer spending, yet the company still generates positive cash flow.
Winnebago Industries has paid a quarterly dividend for 43 consecutive quarters Winnebago Industries has paid a quarterly dividend for 43 consecutive quarters
EDEN PRAIRIE, Minn., March 12, 2025 (GLOBE NEWSWIRE) -- Winnebago Industries, Inc. (NYSE: WGO), a leading manufacturer of outdoor recreation products, plans to issue its second quarter fiscal 2025 financial results before the opening of the New York Stock Exchange on Thursday, March 27, 2025. At 9:00 a.m. CT, the Company will conduct a conference call hosted by Michael Happe, President and Chief Executive Officer, and Bryan Hughes, Senior Vice President and Chief Financial Officer.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Winnebago Industries (WGO) have what it takes?
EDEN PRAIRIE, Minn., Feb. 26, 2025 (GLOBE NEWSWIRE) -- Winnebago Industries, Inc. (NYSE: WGO), a leading outdoor recreation product manufacturer, today announced that Bryan Hughes, the company's senior vice president and chief financial officer, and Ray Posadas, vice president of investor relations and market intelligence, will participate in a fireside chat at the 46th Annual Raymond James Institutional Investors Conference in Orlando, Florida on Monday, March 3, 2025 at 8:05 a.m.
EDEN PRAIRIE, Minn., Feb. 18, 2025 (GLOBE NEWSWIRE) -- Winnebago Industries, Inc. (NYSE: WGO) (the “Company”), a leading manufacturer of outdoor recreation products, today announced early results of its previously announced cash tender offer (the “Tender Offer”) to purchase its 6.250% Senior Secured Notes due 2028 (CUSIP No.
Chris Craft receives honorable mention recognition during Innovation Awards Chris Craft receives honorable mention recognition during Innovation Awards