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Winnebago Industries manufactures outdoor recreation products through brands that include Winnebago, Grand Design, Chris-Craft, Newmar and Barletta. Its portfolio spans motorhomes, travel trailers, fifth-wheel products, outboard and sterndrive powerboats, pontoons and commercial community outreach vehicles used in leisure travel and outdoor recreation.
Company news commonly covers quarterly results, RV and marine product introductions, dealer and customer demand trends, capital allocation actions, dividends, debt management, board and governance updates, brand partnerships and recognition for its boating businesses. Updates also reference product mix, unit volume, warranty expense, cost controls and new-model activity across the motorhome, towable RV and marine categories.
Winnebago Industries (NYSE: WGO) announced a quarterly cash dividend of $0.27 per share, payable on April 26, 2023, to stockholders of record as of April 12, 2023. This marks the 35th consecutive quarter that the company has distributed dividends. Winnebago is known for its outdoor lifestyle products, including motorhomes and powerboats, primarily catering to leisure travel and outdoor recreation.
Winnebago Industries, Inc. (NYSE: WGO) announced it will release its second quarter fiscal 2023 earnings on March 22, 2023, before the market opens. A conference call to discuss the results will follow at 9 a.m. CT on the same day. Stakeholders can access the live call via the company's website. Winnebago, a North American leader in outdoor lifestyle products, operates under multiple brands including Winnebago, Grand Design, and Chris-Craft, focusing on recreational vehicles and marine products. The company has manufacturing facilities across Iowa, Indiana, Minnesota, and Florida.
Winnebago Industries (NYSE: WGO), a major outdoor lifestyle product manufacturer, announced that Michael Happe, its CEO, will speak at the 2023 Raymond James Institutional Investors Conference. The event is scheduled for March 8, 2023, at 8:05 a.m. Eastern Time in Orlando, FL.
A webcast of the presentation will be accessible on the company's investor relations website and will remain available for replay for 90 days.
Winnebago Industries produces a variety of leisure travel and outdoor products, including motorhomes and powerboats, with manufacturing facilities across multiple states.
Chris-Craft, a subsidiary of Winnebago Industries, unveiled the Calypso 32 at the 2023 Miami International Boat Show. This 32-foot boat showcases a blend of sophistication and technology, featuring premium materials and design elements. Key innovations include a fully enclosed climate-controlled windshield, Seakeeper Ride for stability, and a user-friendly interface powered by a large lithium-ion battery bank. The Calypso 32 also distinguishes itself with a manual lift center windshield and the MyChris-Craft app, providing owners with real-time monitoring capabilities. Specs highlight a length of 32'6”, maximum capacity for 14 persons, and a fuel capacity of 230 gallons.
Chris-Craft, a subsidiary of Winnebago Industries, has unveiled the Launch 25 GTe, its first all-electric concept boat, at the 2023 Miami International Boat Show. This zero-emission boat features a 420 HP electric propulsion system and a 133-kWh battery, allowing a top speed of 50 mph and an estimated run time of two hours. The launch represents Chris-Craft's commitment to innovation in the luxury boating market. Further testing will refine the commercial viability of the product. Developed in partnership with Winnebago's Advanced Technology Group and EVOA Propulsion, this electric vessel aims to enhance the boating experience while minimizing environmental impact.
Winnebago Industries has unveiled the eRV2, its all-electric, zero-emission RV prototype, at the Florida RV SuperShow in Tampa from January 18-22, 2023. The eRV2 is designed to meet increasing demand for sustainable travel, featuring a powerful electric powertrain and a range of 108 miles. It utilizes a proprietary IonBlade lithium battery, enabling multi-day off-grid capability with 900-watt solar power. The vehicle integrates eco-friendly materials and modern design principles for enhanced comfort. In addition to the eRV2, Winnebago showcased over 80 RVs, including accessible models and the latest innovations, highlighting its commitment to quality and sustainability.
Winnebago Industries (WGO) reported its Fiscal 2023 Q1 results, showcasing a revenue drop of 17.6% to $952.2 million, attributed to lower unit volume despite growth in the Marine segment, which soared 65.7%. Diluted EPS fell to $1.73, down 39.6% from the previous year. Gross profit declined 30.1% to $160.4 million, with operating income down 41.3%. Management highlighted strong liquidity and the impact of supply chain disruptions and material cost increases. However, Motorhome revenues rose 10.1%, offset by a significant $50 million loss from a chassis recall.
Winnebago Industries (WGO) has declared a quarterly cash dividend of $0.27 per share, scheduled for payment on January 25, 2023. Common stockholders of record as of January 11, 2023 will receive this dividend. This marks the company's commitment to shareholder returns, having consistently paid dividends for the last 34 quarters. Winnebago Industries, a premier manufacturer of outdoor lifestyle products, operates under several prominent brands, including Winnebago and Grand Design, and has facilities across multiple states.
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Winnebago Industries (NYSE: WGO) will release its first quarter fiscal 2023 earnings before the market opens on December 16, 2022. A conference call to discuss the financial results will take place on the same day at 9 a.m. CT. Interested parties can listen live through the company’s website. Winnebago is recognized as a leading manufacturer of outdoor lifestyle products including motorhomes and powerboats, with multiple facilities located across several states in the U.S.