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26.06.25 - 14:42
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Winnebago Slashes Guidance As RV Slump Deepens; Management Uses Cautious Tone (ZeroHedge)
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Winnebago Slashes Guidance As RV Slump Deepens; Management Uses Cautious Tone
Shares of Winnebago Industries plunged nearly 10% on Wednesday after the recreational vehicle maker—best known for its travel campers—slashed its full-year outlook, citing persistent pressure on consumer demand from mounting macroeconomic headwinds and elevated borrowing costs. The RV industry downturn, now well entrenched, has been underway since the Federal Reserve began hiking interest rates in early 2022.
"Growing macroeconomic uncertainty led to a notable downshift in RV activity from consumers and dealers as the third quarter progressed," Winnebago CEO Michael Happe told Wall Street analysts on a call yesterday.
Happe told the analysts that "these challenges are likely to continue through the remainder of the calendar year as anticipated by the RV Industry Associations."
He said that for 2025, "We are lowering our industry forecast for wholesale RV shipments to a range of 315...
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10.06.25 - 13:06
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Winnebago Industries to Announce Third Quarter Fiscal 2025 Financial Results on June 25, 2025 (GlobeNewswire EN)
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EDEN PRAIRIE, Minn., June 10, 2025 (GLOBE NEWSWIRE) -- Winnebago Industries, Inc. (NYSE: WGO), a leading outdoor lifestyle product manufacturer, plans to issue its third quarter fiscal 2025 financial results before the opening of the New York Stock Exchange on Wednesday, June 25, 2025. At 9:00 a.m. CT, the Company will conduct a conference call hosted by Michael Happe, President and Chief Executive Officer, and Bryan Hughes, Senior Vice President and Chief Financial Officer....
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06.06.25 - 16:30
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RV Downturn Drags On: Winnebago Issues Profit Warning (ZeroHedge)
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RV Downturn Drags On: Winnebago Issues Profit Warning
Winnebago Industries issued a profit warning ahead of its presentation at the Baird 2025 Global Consumer, Technology & Services Conference on Thursday, citing weakening demand across the RV market and increased macroeconomic headwinds.
For the third quarter, Winnebago forecasted net revenue of $775 million, falling short of the Bloomberg consensus estimate of $810.4 million. The company also guided adjusted earnings per share in the range of $0.75 to $0.85. Analysts expect the company to report a profit per share of $1.37. All in all, this marked a significant downward revision, highlighting the depth of demand weakness in the RV market.
Preliminary Third Quarter Earnings Results:
Prelim net revenue about $775 million, estimate $810.4 million (Bloomberg Consensus)
Prelim adjusted EPS 75c to 85c, estimate $1.37
"What began as an encouraging selling season in March was hampered by growing macroeconomic uncertainty, resulting ...
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30.05.25 - 18:30
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Winnebago Launches Thrive: A Bold New Direction in Towable RVs (GlobeNewswire EN)
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MIDDLEBURY, Ind., May 30, 2025 (GLOBE NEWSWIRE) -- Winnebago®, a pioneer in recreational vehicles for over six decades, proudly announces the launch of the all-new Thrive™, a high-quality, lightweight, modern travel trailer developed to redefine comfort and design expectations in its category. Thrive represents a renewed energy for the Winnebago brand, reflecting a commitment to delivering innovative, customer-focused RV experiences that elevate owners' time outside....
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