Winnebago Industries, Inc. - WGO STOCK NEWS

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.

Winnebago Industries (NYSE: WGO) is set to unveil an all-electric concept motorhome at the Florida RV Super Show in Tampa on January 18, 2022. This initiative, developed by the Advanced Technology Group (ATG), marks a significant milestone in over two years of development, showcasing the company's commitment to innovation and sustainability. The motorhome emphasizes product electrification, connectivity, and enhanced customer interface experiences. Attendees can view the motorhome at display area 760 North Midway and participate in a virtual reveal event.

Winnebago Industries reported a record first quarter revenue of $1.2 billion, up 46%, driven by strong consumer demand and pricing increases. Gross margin reached 19.8%, a 250 basis point year-over-year increase. Diluted EPS rose to $2.90, with adjusted EPS at $3.51, marking a 97% increase. The company gained 1.3 percentage points in RV market share, now at 13.3%. The new Marine segment resulted from Barletta's acquisition, contributing to overall growth.

Winnebago Industries (WGO) has declared a quarterly cash dividend of $0.18 per share, payable on January 26, 2022. The record date for this dividend is January 12, 2022. This marks the 30th consecutive quarter that Winnebago has paid a cash dividend to its common stockholders. Winnebago is a prominent manufacturer of outdoor lifestyle products and operates multiple facilities across the U.S.

Winnebago Industries has published its 2021 Corporate Responsibility Report, reinforcing its commitment to net-zero greenhouse gas emissions by 2050. Key highlights include becoming a signatory to the United Nations Global Compact and setting goals for zero waste-to-landfill and water reduction. The company prioritizes Diversity, Equity, and Inclusion, with 27% of its board being women or racially diverse. Winnebago also invested $1.4 million in community organizations and introduced the GO Together Fund to assist employees facing hardships.

Winnebago Industries (NYSE: WGO) is set to announce its Q1 Fiscal 2022 earnings on December 17, 2021, before market opening. The Company will also host a conference call at 9 a.m. CST on the same day to discuss the financial results. Interested parties can listen live on the Company’s website, with an archived replay available for 90 days thereafter. Winnebago is a prominent manufacturer of outdoor lifestyle products, producing a variety of motorhomes, trailers, boats, and outreach vehicles across multiple facilities in the U.S.

Winnebago Industries reported record quarterly revenues of $1.0 billion, a 40.4% increase year-over-year, driven by strong consumer demand. Gross profit rose to $187.2 million, with a gross margin of 18.1%, up 150 basis points. The company achieved a record diluted EPS of $2.45, up 96.0% year-over-year. For the full year, revenues reached $3.6 billion, up 54.1%, and net income grew by 358.8% to $281.9 million. Winnebago also increased its quarterly dividend by 50% and announced a new $200 million share repurchase program.