Winnebago Industries: Q4 Earnings Insights

Shares of Winnebago Industries WGO rose 2.3% in pre-market trading after the company reported Q4 results.

Quarterly Results

Earnings per share were up 40.78% over the past year to $1.45, which beat the estimate of $0.90.

Revenue of $737,807,000 rose by 39.10% from the same period last year, which beat the estimate of $722,890,000.

Guidance

Winnebago Industries hasn't issued any earnings guidance for the time being.

Winnebago Industries hasn't issued any revenue guidance for the time being.

Details Of The Call

Date: Oct 21, 2020

Time: 10:00 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/jwk7uexc

Technicals

52-week high: $72.65

Company's 52-week low was at $16.94

Price action over last quarter: down 14.43%

Company Profile

Winnebago Industries manufactures Class A, B, and C motor homes along with towables, customized specialty vehicles, and parts and services. With headquarters in Eden Prairie, Minnesota, Winnebago has been producing recreational vehicles since 1958. Revenue was about $2 billion in fiscal 2019. Class A motor homes account for 21% of motorized unit sales, Class B about 37%, and Class C holds the rest. Winnebago expanded into towables in 2011 with the acquisition of SunnyBrook and acquired Grand Design in November 2016. Towables made up 83% of unit volume, up from 31% in fiscal 2016. The company's total RV unit volume was 44,420 in fiscal 2019. Winnebago expanded into boating in 2018 with the purchase of Chris-Craft and bought premium motorhome maker Newmar in November 2019.