Welcome to our dedicated page for Winnebago Inds news (Ticker: WGO), a resource for investors and traders seeking the latest updates and insights on Winnebago Inds stock.
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) has released its 2024 Corporate Responsibility Report, marking its sixth annual publication and first report aligned with GRI Universal Standards. The report showcases significant environmental and operational achievements, including a 10% reduction in greenhouse gas emissions and water consumption from 2020 baseline through FY2023, and notable safety improvements with a 29% decrease in Total Recordable Incident Rate and 21% reduction in Days Away, Restricted or Transferred.
The company introduced Winnebago Connect™, integrating smart technology with sustainability initiatives. The report focuses on nine key priorities: ethics and integrity, safety, people, inclusion and belonging, community, waste, emissions, product stewardship, and water. Winnebago Industries received recognition from USA TODAY as one of America's Climate Leaders and from Newsweek as one of America's Most Responsible and Most Trustworthy Companies.
Grand Design RV announced the consumer debut of its new Lineage® Series F Super C motorhome at the 2025 Florida RV Super Show, taking place January 15-19 in Tampa. This launch follows the successful release of the Lineage® Series M last year, which won Best New Model and RV of the Year honors.
The Series F features a 22,000-pound GVWR platform, 43,000-pound gross combined weight rating, and a 6.7L Power Stroke diesel engine delivering 330 horsepower. Key features include a 15,000-pound towing capacity, 320 Amp/hr lithium battery system, 1,000 watts solar, and a custom-engineered MORryde chassis with Fox Racing suspension.
The vehicle will be showcased at the Florida State Fairgrounds with special show pricing through Lazy Days RV and General RV.
Winnebago Industries (NYSE: WGO) has appointed Mike Pack to its board of directors, effective January 8, 2025. Pack, currently an executive vice president at Oshkosh , serves as president of their Vocational segment. He brings extensive financial and manufacturing industry expertise, having previously served as Executive Vice President and CFO at Oshkosh since 2006.
Pack will serve on the Audit Committee and Technology and Innovation Committee of the Winnebago Industries board. His appointment follows the retirement of Richard Moss, who served on the board for seven years. Kevin Bryant, a board member since 2021, will succeed Moss as chair of the Audit Committee.
Pack holds a bachelor's degree in business administration from the University of Wisconsin-Madison and is a certified public accountant. His previous experience includes working as a senior audit manager at Grant Thornton LLP.
Winnebago Industries (NYSE: WGO) reported challenging Q1 FY2025 results with revenues of $625.6 million, down 18.0% year-over-year. The company posted a net loss of $5.2 million, or $0.18 per diluted share, compared to net income of $25.8 million in Q1 FY2024. The decline was primarily due to lower RV unit volumes and reduced average selling prices.
The Marine segment showed positive performance with 3.6% revenue growth, while both Towable and Motorhome RV segments experienced revenue declines of 23.2% and 18.7% respectively. During Q1, the company repurchased $30 million in shares and maintained its quarterly dividend of $0.34 per share.
Management narrowed FY2025 guidance while maintaining the midpoint, now expecting reported EPS of $2.50-$3.80 and adjusted EPS of $3.10-$4.40, with consolidated revenues projected between $2.9-$3.2 billion.
Winnebago Industries (NYSE:WGO) has announced a quarterly cash dividend of $0.34 per share, payable on January 29, 2025, to stockholders of record as of January 15, 2025. This marks the company's 42nd consecutive quarterly dividend payment, demonstrating their commitment to shareholder value through a disciplined capital allocation framework.
The company, a leading North American manufacturer of outdoor lifestyle products, operates under the brands Winnebago, Grand Design, Chris-Craft, Newmar, and Barletta, producing motorhomes, travel trailers, fifth-wheel products, powerboats, pontoons, and commercial community outreach vehicles across facilities in Iowa, Indiana, Minnesota, and Florida.
Winnebago Industries (NYSE: WGO) has been named to Newsweek's America's Most Responsible Companies 2025 list for the third consecutive year. The recognition highlights the company's excellence in environmental, social, and corporate governance (ESG) initiatives. This achievement follows other recent Newsweek honors, including America's Greenest Companies and World's Most Trustworthy Companies.
The ranking evaluated over 2,000 U.S.-based public companies using 30 key performance indicators and included a public survey of more than 26,000 U.S. residents. The assessment focused on a holistic view of corporate responsibility across ESG pillars. Winnebago Industries' commitment to community support, environmental protection, and outdoor accessibility remains central to its corporate values of doing the right thing, putting people first, and being the best.
Winnebago Industries (NYSE: WGO) has announced it will release its first quarter fiscal 2025 financial results on December 20, 2024, before the New York Stock Exchange opens. The company will host a conference call at 9:00 a.m. CT, featuring President and CEO Michael Happe and CFO Bryan Hughes.
The earnings call will be accessible through the company's investor relations website, with replay available for up to one year. Winnebago Industries manufactures outdoor lifestyle products including motorhomes, travel trailers, powerboats, and pontoons under brands such as Winnebago, Grand Design, Chris-Craft, Newmar, and Barletta.
Winnebago Industries (NYSE: WGO) is showcasing its marine brands at the Fort Lauderdale International Boat Show from October 30 to November 3. Chris-Craft is presenting its new Sportster series and Launch 35 GT wake/surf edition, while Barletta Pontoon Boats features its Coastal Edition premium pontoons, including the industry's first center-mounted twin-engine pontoon boat. The Sportster series includes 25ft and 28ft models, with outboard versions coming in early 2025. Barletta, recognized as one of the fastest-growing pontoon boat brands, is also showcasing its luxury Leggera line with a redesigned helm station featuring Simrad displays and Harmon Kardon audio.
Winnebago Industries (WGO) reported challenging fourth quarter and full year fiscal 2024 results, with Q4 revenues declining 6.5% to $720.9 million and full-year revenues dropping 14.8% to $3.0 billion. The company reported a Q4 net loss of $29.1 million, including a goodwill impairment charge. Despite market headwinds, WGO generated $143.9 million in operating cash flow and returned $106.8 million to shareholders through dividends and buybacks. The company implemented leadership changes in its Winnebago branded businesses and issued FY2025 guidance projecting revenues between $2.9-$3.2 billion.
Winnebago Industries (NYSE: WGO) has announced the promotion of Don Clark to Group President, Towable RVs, effective November 1. In this expanded role, Clark will lead both the Winnebago brand's towable RV division and the Grand Design RV brand. This move aims to leverage the company's towables expertise in Northern Indiana.
While Grand Design and Winnebago's towables division will remain separate business units, they will collaborate to enhance product quality and innovation. Chris West, recently appointed as president of Winnebago Motorhome and Specialty Vehicles, will work with Clark to ensure consistent brand communication and market presence.
This restructuring is part of Winnebago Industries' strategy to strengthen its position as a trusted leader in premium outdoor recreation, focusing on maximizing the potential of the iconic Winnebago brand in the market.