Welcome to our dedicated page for Winnebago Industries news (Ticker: WGO), a resource for investors and traders seeking the latest updates and insights on Winnebago Industries stock.
Winnebago Industries, Inc. (NYSE: WGO) is a leading manufacturer of recreational vehicles (RVs) and outdoor lifestyle products in the United States. Founded in 1958 and headquartered in Eden Prairie, Minnesota, Winnebago has built a reputation for quality and innovation in the RV industry. The company’s product portfolio includes Class A, B, and C motorhomes, towable travel trailers, fifth-wheel products, transit buses, and specialty vehicles. In recent years, Winnebago has expanded into the marine market with acquisitions such as Chris-Craft in 2018 and Barletta pontoon boats in 2021.
Winnebago Industries is committed to sustainable innovation, recently venturing into electric and autonomous RV technologies. The company has consistently received industry accolades, including the Quality Circle Award from the Recreation Vehicle Dealers Association every year since its inception in 1996.
In fiscal 2023, Winnebago reported approximately $3.5 billion in revenue, with towables making up 79% of total RV unit volume. The company produced a total of 39,447 RV units during this period. Key acquisitions have bolstered its market presence, such as the acquisition of SunnyBrook in 2011 and Grand Design in 2016, which significantly increased the company’s towables segment.
Winnebago’s latest innovations include the new View/Navion featuring the Winnebago Connect digital platform, the EKKO Sprinter, and the Revel with the new Winnebago Power system. These products are designed to offer enhanced off-grid capabilities and modern amenities, meeting the diverse needs of today’s RV enthusiasts.
In addition to RVs, Winnebago is a key player in the specialty vehicle market, providing electric vehicle solutions for mobile medical clinics, blood donation vehicles, and mobile command centers. The company has partnered with industry leaders like Xos, Inc. to bring zero-emission vehicles to market, reinforcing its commitment to sustainability.
For investors, Winnebago Industries offers a well-rounded portfolio and a track record of consistent performance. The company’s common stock is listed on the New York Stock Exchange under the symbol WGO, and options for the stock are traded on the Chicago Board Options Exchange. For more information or to receive company news releases, visit Winnebago Industries Investor Relations.
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.
Winnebago Industries, Inc. (WGO) will release its second quarter Fiscal 2022 earnings on March 23, 2022, before the market opens. A corresponding conference call is scheduled for the same day at 9 a.m. CDT to discuss the financial results. Interested parties can listen live via the company's website. Winnebago is a leading manufacturer of outdoor lifestyle products under various brands including Winnebago and Grand Design, focusing on leisure travel and outdoor recreation.
Winnebago Industries (NYSE: WGO) unveiled the e-RV, the first all-electric zero emission motorhome concept from a major RV manufacturer at the Florida RV Super Show. Developed by the company's Advanced Technology Group over two years, the e-RV offers features such as an advanced battery system providing a range of 125 miles and in-vehicle appliances optimized for energy efficiency. The vehicle aims to meet consumer demand for electric power applications in RVs and showcases Winnebago's commitment to innovation and sustainability.
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