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Winnebago Industries, Inc. - WGO STOCK NEWS

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.

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Winnebago Industries, Inc. announces plans to offer $300 million aggregate principal amount of convertible senior notes due 2030 in a private offering. The company intends to use the net proceeds for general corporate purposes and to repurchase a portion of its outstanding 1.50% Convertible Senior Notes due 2025.
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Winnebago Industries, Inc. is set to showcase its new lineup of RV models and features at the Florida RV SuperShow, introducing innovations designed to enhance consumers' outdoor experiences. The company's brands, including Winnebago, Grand Design RV, and Newmar, will present new motorized, travel trailer, toy-hauler, and fifth-wheel RVs, catering to a wide range of consumer preferences and budgets.
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Winnebago Industries (NYSE: WGO) unveils five new RVs and two technology innovations at the Florida RV SuperShow, promising limitless outdoor experiences for RVers.
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Winnebago Industries, Inc. (NYSE: WGO) reported a decrease in revenues for the Fiscal 2024 first quarter, down 19.9% to $763.0 million. The company also experienced a 27.8% decrease in gross profit and a 54.5% decrease in operating income compared to the previous year. Adjusted earnings per diluted share for the Fiscal 2024 first quarter was $1.06, a decrease of 48.8% compared to the prior year. Despite these challenges, the company maintains a healthy gross profit margin of 15.2% and continues to invest in innovation, digital assets, and IT capabilities.
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Winnebago Industries, Inc. (NYSE:WGO) has approved a quarterly cash dividend of $0.31 per share, payable on January 26, 2024, to common stockholders of record at the close of business on January 12, 2024. The company's President and CEO, Michael Happe, emphasized the company's commitment to its strategic plan and the resilience of its diverse portfolio of premium brands in the outdoor recreation industry. Winnebago Industries has paid a quarterly cash dividend for 38 consecutive quarters.
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Winnebago Industries, Inc. (NYSE: WGO) has published its 2023 Corporate Responsibility Report, focusing on sustainability and equity. The report highlights the company's progress in environmental and social goals, including waste reduction, emissions reduction, community contributions, and diversity initiatives.
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Winnebago Industries, Inc. (NYSE: WGO) to release first quarter fiscal 2024 earnings on December 20, 2023. The company will host a conference call to discuss the financial results at 9 a.m. CT. Interested parties can listen live via the company's website and access the replay for up to one year.
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Winnebago Industries, Inc. presented new innovations from its marine brands, Barletta Pontoon Boats and Chris-Craft, at the Fort Lauderdale International Boat Show. Barletta debuted the industry’s first center-mounted twin-engine pontoon boat, offering engines in 350 and 400 horsepower options. Chris-Craft introduced the Catalina 28, a center console with a roomier interior, sleek design, and twin 300 HP Mercury V8 Verado engines.
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Winnebago Industries reports Q4 and full year fiscal 2023 financial results, with revenues decreasing 34.6% and 29.6% respectively. Adjusted EBITDA margin across all segments remains resilient. Strong cash flow from operations in Q4 of $138.1 million. Company returns $83.2 million to shareholders through share repurchases and dividends in fiscal 2023.
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Grand Design RV and Camping World announce the opening of the exclusive Grand Design brand store in Green Bay, Wisconsin.
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FAQ

What is the current stock price of Winnebago Industries (WGO)?

The current stock price of Winnebago Industries (WGO) is $58.93 as of November 22, 2024.

What is the market cap of Winnebago Industries (WGO)?

The market cap of Winnebago Industries (WGO) is approximately 1.7B.

What does Winnebago Industries manufacture?

Winnebago Industries manufactures Class A, B, and C motorhomes, towable travel trailers, fifth-wheel products, transit buses, and specialty vehicles.

Where is Winnebago Industries headquartered?

Winnebago Industries is headquartered in Eden Prairie, Minnesota.

What recent acquisitions has Winnebago Industries made?

Winnebago has acquired SunnyBrook in 2011, Grand Design in 2016, Chris-Craft in 2018, and Barletta pontoon boats in 2021.

How much revenue did Winnebago Industries generate in fiscal 2023?

Winnebago Industries generated approximately $3.5 billion in revenue in fiscal 2023.

What is the Winnebago Connect digital platform?

Winnebago Connect is an intelligent RV platform that manages on-board systems, offering features like smart-energy optimization and real-time pet monitoring.

What are some of Winnebago's latest RV models?

Some of Winnebago's latest RV models include the View/Navion, EKKO Sprinter, and Revel.

What sectors does Winnebago's Specialty Vehicles division serve?

Winnebago’s Specialty Vehicles division serves sectors like mobile medical clinics, blood donation vehicles, and mobile command centers.

What stock exchanges are Winnebago Industries' shares listed on?

Winnebago Industries' shares are listed on the New York Stock Exchange and the Chicago Stock Exchange under the symbol WGO.

How can I access Winnebago Industries' investor relations materials?

You can access Winnebago Industries' investor relations materials by visiting their investor relations page.

What awards has Winnebago Industries received?

Winnebago Industries has received the Quality Circle Award from the Recreation Vehicle Dealers Association every year since 1996.

Winnebago Industries, Inc.

NYSE:WGO

WGO Rankings

WGO Stock Data

1.73B
27.88M
3.3%
112.25%
16.08%
Recreational Vehicles
Motor Homes
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United States of America
EDEN PRAIRIE