Winnebago Inds Stock Price, News & Analysis

Barletta Pontoon Boats, a subsidiary of Winnebago Industries, is set to break ground on a new 184,000 square foot production facility in Bristol, Indiana, later this summer. This expansion will triple Barletta's manufacturing space to over 425,000 square feet and is projected to create more than 200 new jobs by spring 2023. With a strong focus on innovative products and customer experience, Barletta aims to solidify its position among the top five pontoon manufacturers in the U.S. The groundbreaking ceremony is planned for late summer or early fall of 2022.

Winnebago Industries, Inc. (NYSE: WGO) has appointed Amber Holm as Senior Vice President, Chief Marketing Officer, effective July 6, 2022. Holm brings over 20 years of experience from brands like Newell and Bridgestone. Sri Koneru has been promoted to Senior Vice President, Chief Information Officer, where he will enhance digital strategies and cybersecurity. Chad Reece is now Vice President, Government and Industry Relations, focusing on outdoor industry engagement and legislation. These leadership changes aim to strengthen Winnebago's market position and brand development.

Winnebago Industries reported record third-quarter revenues of $1.5 billion, a 52% increase from the prior year, achieving organic growth of 41%. Diluted EPS reached $3.57, with adjusted EPS at $4.13, marking an 84% rise. The company gained market share, now at 13.2%. It executed $70 million in share repurchases this quarter, returning a total of $148 million to shareholders year-to-date. Operating income climbed to $176.7 million, up 72.5%, while gross profit grew by 60.9% to $273 million.

Winnebago Industries (NYSE: WGO) recently completed a groundbreaking 1,380-mile All Electric RV Road Trip with its e-RV, the first all-electric motorhome concept from a major RV manufacturer. The journey, which began in Washington D.C., aimed to test the feasibility of electric RV travel and featured stops in various cities including Pittsburgh and Chicago. Key statistics from the trip include an average speed of 53 MPH, total charging costs of $275, and a significant 60% cost savings compared to gas-powered trips. Winnebago's Advanced Technology Group will use data gathered from this trip to refine future electric vehicle designs.

Winnebago Industries, a leading outdoor lifestyle product manufacturer, is set to release its third quarter Fiscal 2022 earnings on June 22, 2022, prior to market opening. Investors can engage in a conference call at 9 a.m. CDT on the same day to review the financial results. Winnebago Industries manufactures a range of products, including motorhomes, travel trailers, and powerboats, under well-known brands like Winnebago and Grand Design. For more investor information, visit their investor relations website.

Winnebago Industries (NYSE:WGO) announces a quarterly cash dividend of $0.18 per share, payable on June 29, 2022. Stockholders of record as of June 8, 2022 will receive this payment. This marks the 32nd consecutive quarter that Winnebago has issued a cash dividend, reflecting the company's commitment to returning income to shareholders. Winnebago is a leading manufacturer of outdoor lifestyle products, operating multiple facilities across the U.S.

XPEL, Inc. has appointed Stacy L. Bogart to its Board of Directors. Currently the Senior VP and General Counsel at Winnebago Industries (NYSE: WGO), Bogart brings extensive experience in mergers and acquisitions, having played pivotal roles in several acquisitions at Winnebago and Polaris. Her appointment is expected to enhance XPEL's growth strategy. CEO Ryan Pape expressed enthusiasm for Bogart’s insights, aiming for continued business expansion. Bogart's background in legal compliance and ESG initiatives will likely support XPEL’s strategic initiatives.

Winnebago Industries (WGO) reported second-quarter revenues of $1.2 billion, a 39% increase year-over-year. The company achieved a diluted EPS of $2.69 and an adjusted EPS of $3.14, marking a 42% rise from the previous year. The RV retail market share rose to 14.3%, up 100 basis points year-over-year. Winnebago returned $72 million to shareholders in the fiscal year-to-date and saw strong demand across its outdoor lifestyle brands, despite challenges in production efficiency due to supply constraints.

Winnebago Industries (WGO) announced a quarterly cash dividend of $0.18 per share on March 16, 2022, payable on April 27, 2022. Shareholders on record as of April 13, 2022 will qualify for the payment. This move marks the continuation of dividends for the last 31 quarters. Winnebago Industries is known for manufacturing outdoor lifestyle products across multiple brands including Winnebago and Chris-Craft, with facilities in Iowa, Indiana, Minnesota, and Florida.