Winnebago Industries Stock (NYSE:WGO), Trade Ideas

Winnebago Industries

Winnebago Industries manufactures Class A, B, and C motor homes along with towables, customized specialty vehicles, boats, and parts. Headquartered in Eden Prairie, Minnesota, Winnebago has been producing recreational vehicles since 1958. Revenue was about $3.5 billion in fiscal 2023. Winnebago expanded into towables in 2011 with the acquisition of SunnyBrook and acquired Grand Design in November 2016. Towables made up 79% of the firm's RV unit volume, up from 31% in fiscal 2016. The company's total RV unit volume was 39,447 in fiscal 2023. Winnebago expanded into boating in 2018 with the purchase of Chris-Craft, bought premium motor home maker Newmar in November 2019, and bought Barletta pontoon boats in August 2021. It also is developing electric and autonomous technology.

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Bulls are on fire in the aftermath of the Federal Reserve’s March policy meeting, igniting a rally in stocks across the board on Wall Street.



The S&amp;P 500 index surged above 5,250 points, continuing its upward trajectory to set new record highs. All eleven sectors of the S&amp;P 500 posted gains. 

Bulls Stampede On Fed&#39;s Dovish Signal, Nasdaq 100 Hits New Record High, DOJ Sues Apple: What&#39;s Driving Markets Thursday?

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Winnebago Industries records an 18.8% year-on-year sales dip in the second quarter of FY24, amounting to $703.60 million, missing analyst projections by a narrow margin. The decline is attributed to market conditions and an unfavorable product mix, resulting in decreased unit sales. Gross profit falls by 28.3% to $105.3 million, with a contraction in gross profit margin to 15%. 

What&#39;s Going On With Outdoor Lifestyle Product Manufacturer Winnebago Industries Stock Today?

Stock market analysts

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U.S. stocks appear on track to continue their record run on Thursday, with stock futures grinding solidly higher.

Fed Euphoria Keeps US Stocks On Track For More Gains: Analyst Says New Breakout Coming Soon

Winnebago Industries Inc

DA Davidson analyst Brandon Rolle maintains Winnebago Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WGO#NYSE">WGO</a>) with a Neutral and raises the price target from $64 to $66.

Price Target

DA Davidson Maintains Neutral on Winnebago Industries, Raises Price Target to $66

Bulls are on fire in the aftermath of the Federal Reserve&#8217;s March policy meeting, igniting a rally in stocks across <a href="https://www.benzinga.com/markets">the board on Wall Street.</a>
The S&amp;P 500 index surged above 5,250 points, continuing its upward trajectory to set new record highs. All eleven sectors of the S&amp;P 500 posted gains. 
Meanwhile, the tech-heavy Nasdaq 100 surpassed 18,440 points, also achieving unprecedented all-time highs. The Dow Jones added over 300 points, edging closer to the historic milestone of 40,000 points.
In a notable display of risk sentiment, small caps also rose as evidenced by the iShares Russell 2000 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>) up by 0.9%. 
Shares of Apple Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NYSE">AAPL</a>) faced a setback, down over 3%, as the Justice Department and 16 state attorneys general filed an antitrust lawsuit against the tech giant. The lawsuit alleges that Apple exerted monopolistic control in the smartphone market.
The U.S. dollar index rose, driven by significant gains of the greenback against the British pound and the Swiss franc, the latter of which suffered due to an unforeseen rate cut by the Swiss National Bank.
Gold paused for a breather, down 0.5%, after closing above $2,200 on Wednesday. Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) fell 2% to $66,400. 

<h3 class="wp-block-heading">Thursday&#8217;s Performance In Major US Indices, ETFs</h3>
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Major Indices</td>
<td>Price</td>
<td>1-day %chg</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>18,447.55</td>
<td>1.1%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>2,099.85</td>
<td>0.8%</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>39,837.39</td>
<td>0.8%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>5,261.46</td>
<td>0.7%</td>
</tr>
</tbody>
</table>
</figure>
The&nbsp;SPDR S&amp;P 500 ETF Trust&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) rose 0.7% $523.87, the&nbsp;SPDR Dow Jones Industrial Average (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>) rose 0.8% to $398.19 and the tech-heavy&nbsp;Invesco QQQ Trust&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) rallied 1.2% to $449.06, according to&nbsp;<a href="https://pro.benzinga.com/dashboard">Benzinga Pro data</a>.&nbsp;
Among sectors, the Industrials Select Sector SPDR Fund&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLI#NYSE">XLI</a>) was the top performer for the day, up 1.1%, while the Utilities Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLU#NYSE">XLU</a>) was the laggard with a flat performance. 
<h2 class="wp-block-heading">Thursday&#8217;s Stock Movers</h2>
<ul>
<li>Shares of Reddit Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RDDT#NYSE">RDDT</a>) are indicated to open at $50-$52, in their first day of trading. </li>
<li>Micron Technology, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>) rallied nearly 16% following the memory chipmaker&#8217;s earnings announcement.</li>
<li>Chipmaker peers such as Broadcom Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>) rose 9% following a bullish note from Goldman Sachs. </li>
<li>Other stocks moving on earnings are Steelcase Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SCS#NYSE">SCS</a>) (down over 10%) and Five Below, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FIVE#NASDAQ">FIVE</a>) (down about 15%), Accenture plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ACN#NYSE">ACN</a>) (down 8%), Winnebago Industries, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WGO#NYSE">WGO</a>) (up over 5%) and Shoe Carnival, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SCVL#NASDAQ">SCVL</a>) (up nearly 7%), Darden Restaurants, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DRI#NYSE">DRI</a>) (down 6%). </li>
<li>Those reporting after the close include FedEx Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FDX#NYSE">FDX</a>), Lululemon Athletica Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LULU#NASDAQ">LULU</a>), NIKE, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>) and Worthington Steel, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WS#NYSE">WS</a>).</li>
</ul>
Read now: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/03/37875455/bank-stocks-hit-all-time-highs-analyst-points-to-further-rally-on-a-1995-soft-landi">Bank Stocks Hit All-Time Highs: Analyst Points To Further Rally On &#8216;A 1995 Soft Landing Scenario</a>&#8216;
Image created using artificial intelligence with Midjourney.

Bulls Stampede On Fed's Dovish Signal, Nasdaq 100 Hits New Record High, DOJ Sues Apple: What's Driving Markets Thursday?

Roth MKM analyst Scott Stember maintains Winnebago Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WGO#NYSE">WGO</a>) with a Neutral and maintains $70 price target.

Roth MKM Maintains Neutral on Winnebago Industries, Maintains $70 Price Target

Outdoor lifestyle product manufacturer&nbsp;Winnebago Industries Inc&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WGO#NYSE">WGO</a>) reported a second-quarter FY24 sales decline of 18.8% year-on-year to $703.60 million,&nbsp;<a target="_blank" href="https://www.benzinga.com/pressreleases/24/03/g37866058/winnebago-industries-reports-second-quarter-fiscal-2024-results" rel="noreferrer noopener">missing the analyst consensus estimate of $706.45 million</a>.
The decrease in revenue was driven by lower unit sales related to market conditions and unfavorable product mix.
Towable RV segment revenue fell 16.9% Y/Y to $284.7 million, driven by a decline in unit volume. Motorhome RV revenue of $338.4 million decreased 16.2% Y/Y. Marine segment revenue plunged 38.2% to $69.8 million.
Gross profit decreased 28.3% Y/Y to $105.3 million, and gross profit margin contracted 190 basis points Y/Y to 15%. Adjusted EPS of $0.93 <a href="https://www.benzinga.com/calendars/earnings" target="_blank" rel="noreferrer noopener">beat the analyst consensus of $0.85.</a>
The operating margin contracted 390 basis points to 5%, and operating income for the quarter fell 53.8% to $35.4 million. Consolidated Adjusted EBITDA was $49.8 million, a decrease of 43.7% Y/Y.
Winnebago&#8217;s cash and equivalents totaled $265.7 million as of Feb. 24, 2024. It generated $3.8 million in operating cash flow during the six months. As of Feb. 24, 2024, the company had a total outstanding debt of $694.8 million.
President and Chief Executive Officer Michael Happe commented, &#8220;Winnebago Industries performed in line with our expectations for the quarter, navigating the effects of ongoing softness in the RV and marine markets.&#8221;
Winnebago Industries announced future mid-cycle organic growth targets. The company expects net revenues of $4.5 billion to $5.0 billion, gross margin of 18.0% to 18.5%, and <a href="https://www.benzinga.com/calendars/guidance">North American RV market share of more than 13%.</a>
&#8220;As we enter the second half of fiscal 2024, we are encouraged by data indicating that RV inventory levels are returning to an equilibrium stage, though we remain aggressive in managing production output and overall costs in a targeted manner,&#8221; Happe added.
Price Action: WGO shares are trading higher by 6.26% at $69.57 on the last check Thursday.

What's Going On With Outdoor Lifestyle Product Manufacturer Winnebago Industries Stock Today?

U.S. stocks appear on track to continue their record run on Thursday, with stock futures grinding solidly higher. Despite the <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/03/37859344/s-p-500-closes-at-record-high-after-fed-charts-interest-rate-path-markets-continue-">Fed deemphasizing incoming data</a> at its latest meeting, traders could sift through a few key data on economic activity, the manufacturing, and the housing sector. A few key earnings due after the market close will also be on investors&#8217; radar. The broadening in the rally in the wake of rate cut hopes could bode well for the market, insulating against any pullback in overvalued tech stocks.
Cues From Previous Session:
The March Fed decision and Jerome Powell&#8217;s comments proved to be an elixir for the market on Wednesday. After bidding time until the announcement of the rate decision, stocks rallied strongly, with the three major averages closing fresh record highs. Small-caps went on to outperform their bigger counterparts.
The S&amp;P 500 scripted highs both on an intraday basis and on a closing bias, while the Nasdaq Composite and Dow Industrials could not beat their previous intraday record despite a post-Fed decision surge. 
All S&amp;P sectors, save energy and defensive healthcare stocks, closed higher for the day, with the gains led by consumer discretionary, communication services, financial, industrial, IT, and material stocks.
&#8220;I think we dodged a bullet,&#8221; said fund manager Louis Navellier. &#8220;The FOMC statement was still very dovish. The Fed dot plot that came out was pretty close to being split between two to three rate cuts, and a small majority that wants to have three rate cuts this year,&#8221; he said.
&#8220;The only major change was next year, 2025, the Fed is only expecting three rate cuts versus the&nbsp;three to four cuts they were expecting before.&#8221;
The Fed may have been swayed by European Central Bank President Christine Lagarde, who made it clear that they were ready to start cutting rates in June, Navellier said.
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Index</td>
<td>Performance (+/-)</td>
<td>Value</td>
</tr>
<tr>
<td>Nasdaq Composite</td>
<td>+1.25%</td>
<td>16,369.41</td>
</tr>
<tr>
<td>S&amp;P 500 Index</td>
<td>+0.89%</td>
<td>5,224.62</td>
</tr>
<tr>
<td>Dow Industrials</td>
<td>+1.03%</td>
<td>39,512.13</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>+1.92%</td>
<td>2,074.88</td>
</tr>
</tbody>
</table>
</figure>
Analyst Color:
&#8220;The party is going to persist,&#8221; said Navellier. The fund manager expects the Fed to cut rates no later than June. &#8220;What will be happening in the upcoming months is that most central banks will commence to cut key interest rates in unison,&#8221; he said.
Carson Group&#8217;s Ryan Detrick pointed to data that should bode well for the market rally. &#8220;In healthy bull markets, you see high beta leading. A new breakout could be coming soon,&#8221; he said.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">High beta vs low volatility. In healthy bull markets you see high beta leading. A new breakout could be coming soon. <a href="https://t.co/gLjTI1pJC4">pic.twitter.com/gLjTI1pJC4</a>
&mdash; Ryan Detrick, CMT (@RyanDetrick) <a href="https://twitter.com/RyanDetrick/status/1770644569165631556?ref_src=twsrc%5Etfw">March 21, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
<figcaption class="wp-element-caption">Futures Today</figcaption></figure>
 Futures Performance On Thursday ( as of 7 a.m. EDT)
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Futures</td>
<td>Performance (+/-)</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>+0.71%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>+0.35%</td>
</tr>
<tr>
<td>Dow</td>
<td>+0.21%</td>
</tr>
<tr>
<td>R2K</td>
<td>+0.47%</td>
</tr>
</tbody>
</table>
</figure>
In <a href="https://www.benzinga.com/premarket/" target="_blank" rel="noreferrer noopener">premarket</a>&nbsp;trading on Thursday, the&nbsp;SPDR S&amp;P 500 ETF Trust&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) rose 0.37% to $522.40,&nbsp;and the&nbsp;Invesco QQQ ETF&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) climbed a steeper 0.75% to $447.08, according to&nbsp;<a href="https://benzinga.grsm.io/lxquj26b2sag" target="_blank" rel="noreferrer noopener">Benzinga Pro data</a>.
Upcoming Economic Data:
The Labor Department is scheduled to release its weekly jobless claims report at 8:30 a.m. EDT. The number of individuals claiming unemployment benefits may have increased from 209,000 in the week ended March 9 to 213,000 in the week ended March 16.
The Philadelphia Federal Reserve will release the results of its March manufacturing activity survey at 8:30 a.m. EDT. The diffusion index of business activity is expected to come in at -5, almost flat with February&#8217;s -5.2, suggesting continued contraction.
The S&amp;P Global is due to release its flash manufacturing and service sector purchasing managers&#8217; indices at 9:45 a.m. EDT. The manufacturing PMI may have edged down from February&#8217;s 52.2 to 51.8 in March and the service sector PMI is expected to come in at 52 in March, suggesting a slightly slower expansion than the one suggested by the February reading of 52.5.
The Conference Board is scheduled to release its leading economic index for February at 10 a.m. EDT. The index is expected to continue its month-over-month declining streak, slipping 0.1% in February compared to January&#8217;s 0.4% drop.
The National Association of Realtors is due to release its existing home sales report for February, also at 10 a.m. EDT. Economists, on average, expect existing home sales to come in at a seasonally adjusted annual rate of 3.95 million units compared to January&#8217;s rate of 4 million units.
Fed Vice Chair for Supervision Michael Barr will speak at 12 p.m. EDT.
See also: <a href="https://www.benzinga.com/money/how-to-trade-futures">How To Trade Futures</a>
Stocks In Focus:
<ul>
<li>Micron Technology, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>) rallied nearly 18%<a href="https://benzinga.grsm.io/lxquj26b2sag"> in premarket trading</a> following the memory chipmaker&#8217;s earnings announcement.</li>
<li>Other stocks moving on earnings are Steelcase Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SCS#NYSE">SCS</a>) (down over 8%) and Five Below, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FIVE#NASDAQ">FIVE</a>) (down about 13%).</li>
<li>Accenture plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ACN#NYSE">ACN</a>), Darden Restaurants, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DRI#NYSE">DRI</a>), Winnebago Industries, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WGO#NYSE">WGO</a>) and Shoe Carnival, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SCVL#NASDAQ">SCVL</a>) are among the notable companies due to <a href="https://www.benzinga.com/calendars/earnings">report their quarterly results before the market open.</a></li>
<li>Those reporting after the close include FedEx Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FDX#NYSE">FDX</a>), Lululemon Athletica Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LULU#NASDAQ">LULU</a>), NIKE, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>) and Worthington Steel, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WS#NYSE">WS</a>).</li>
</ul>
Commodities, Bonds, Other Global Equity Markets:
Crude oil futures edged down 0.21% to $81.10 nearly $1 after sliding over 2% in the previous session. Gold futures have reversed course and traded at a fresh record. The 10-year Treasury bond yield edged down to 4.231%. Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) selling stalled and the apex crypto gained over 6% over the past 24 hours.
Asian stocks rallied across the board, with the Chinese market bucking the uptrend amid a consolidation move following its recent gains. Japan&#8217;s Nikkei 225 average closed at a fresh record. European stocks were higher, although they came off their early highs. 
Read Next: <a href="https://www.benzinga.com/general/biotech/24/03/37864820/is-cathie-wood-buying-the-rumor-ark-more-than-doubles-stake-in-this-covid-19-vaccine-maker-ahead-">Is Cathie Wood Buying The Rumor? Ark More Than Doubles Stake In This COVID-19 Vaccine Maker Ahead Of Flurry Of Catalysts</a>

Winnebago Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WGO#NYSE">WGO</a>) reported quarterly adjusted earnings of $0.93 per share which beat the analyst consensus estimate of $0.85 by 9.41 percent. This is a 50.53 percent decrease over earnings of $1.88 per share from the same period last year. The company reported quarterly sales of $703.60 million which missed the analyst consensus estimate of $706.45 million by 0.40 percent. This is a 18.82 percent decrease over sales of $866.70 million the same period last year.

Winnebago Industries Q2 Adj EPS $0.93 Beats $0.85 Estimate, Sales $703.60M Miss $706.45M Estimate

<h3>Companies Reporting Before The Bell</h3>
&bull; Creative Realities (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CREX#NASDAQ">CREX</a>) is expected to report quarterly earnings at $0.02 per share on revenue of $16.47 million.
&bull; InflaRx (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IFRX#NASDAQ">IFRX</a>) is projected to report quarterly loss at $0.20 per share on revenue of $1.42 million.
&bull; Fennec Pharmaceuticals (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FENC#NASDAQ">FENC</a>) is likely to report quarterly loss at $0.02 per share on revenue of $8.67 million.
&bull; Welltower (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WELL#NYSE">WELL</a>) is likely to report quarterly earnings at $0.00 per share on revenue of $218.97 million.
&bull; VerifyMe (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRME#NASDAQ">VRME</a>) is expected to report quarterly loss at $0.03 per share on revenue of $8.95 million.
&bull; Academy Sports (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASO#NASDAQ">ASO</a>) is expected to report quarterly earnings at $2.29 per share on revenue of $1.79 billion.
&bull; Exscientia (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EXAI#NASDAQ">EXAI</a>) is expected to report quarterly loss at $0.35 per share on revenue of $17.05 million.
&bull; Direxion Daily CSI China Internet Index Bull 2X Shares (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CWEB#NYSE">CWEB</a>) is estimated to report quarterly loss at $0.09 per share on revenue of $32.93 million.
&bull; Winnebago Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WGO#NYSE">WGO</a>) is likely to report quarterly earnings at $0.88 per share on revenue of $720.40 million.
&bull; Commercial Metals (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMC#NYSE">CMC</a>) is projected to report quarterly earnings at $0.73 per share on revenue of $1.80 billion.
&bull; Titan Machinery (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TITN#NASDAQ">TITN</a>) is projected to report quarterly earnings at $1.02 per share on revenue of $724.20 million.
&bull; Designer Brands (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DBI#NYSE">DBI</a>) is expected to report quarterly loss at $0.47 per share on revenue of $747.35 million.
&bull; Baozun (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BZUN#NASDAQ">BZUN</a>) is expected to report quarterly earnings at $0.16 per share on revenue of $382.28 million.
&bull; LiqTech Intl (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LIQT#NASDAQ">LIQT</a>) is likely to report quarterly loss at $0.24 per share on revenue of $5.40 million.
&bull; MediWound (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MDWD#NASDAQ">MDWD</a>) is estimated to report quarterly loss at $0.23 per share on revenue of $5.32 million.
&bull; Yunji (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/YJ#NASDAQ">YJ</a>) is projected to report earnings for its fourth quarter.
&bull; Innate Pharma (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IPHA#NASDAQ">IPHA</a>) is estimated to report earnings for its Fiscal Year 2023.
&bull; Mineralys Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MLYS#NASDAQ">MLYS</a>) is estimated to report earnings for its fourth quarter.
&bull; FactSet Research Systems (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FDS#NYSE">FDS</a>) is likely to report quarterly earnings at $3.88 per share on revenue of $546.75 million.
&bull; Darden Restaurants (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DRI#NYSE">DRI</a>) is expected to report quarterly earnings at $2.64 per share on revenue of $3.03 billion.
&bull; Accenture (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ACN#NYSE">ACN</a>) is likely to report quarterly earnings at $2.66 per share on revenue of $15.83 billion.
&bull; X4 Pharmaceuticals (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XFOR#NASDAQ">XFOR</a>) is expected to report earnings for its fourth quarter.
&bull; Lufax Holding (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LU#NYSE">LU</a>) is likely to report quarterly loss at $0.02 per share on revenue of $1.05 billion.
&bull; Intuitive Machines (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LUNR#NASDAQ">LUNR</a>) is estimated to report quarterly loss at $0.36 per share on revenue of $22.20 million.
&bull; Allurion Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALUR#NYSE">ALUR</a>) is projected to report quarterly loss at $0.51 per share on revenue of $8.20 million.
&bull; Yiren Digital (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YRD#NYSE">YRD</a>) is likely to report earnings for its fourth quarter.
&bull; Kirkland&#39;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KIRK#NASDAQ">KIRK</a>) is expected to report quarterly earnings at $0.42 per share on revenue of $167.22 million.
&bull; Gambling.com Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GAMB#NASDAQ">GAMB</a>) is likely to report quarterly earnings at $0.19 per share on revenue of $27.69 million.
&bull; MiNK Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INKT#NASDAQ">INKT</a>) is likely to report earnings for its fourth quarter.
&bull; Nano Dimension (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NNDM#NASDAQ">NNDM</a>) is likely to report earnings for its fourth quarter.
&bull; Shoe Carnival (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SCVL#NASDAQ">SCVL</a>) is likely to report quarterly earnings at $0.59 per share on revenue of $280.27 million.
&bull; Destination XL Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DXLG#NASDAQ">DXLG</a>) is projected to report quarterly earnings at $0.06 per share on revenue of $138.29 million.
&bull; CareCloud (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CCLD#NASDAQ">CCLD</a>) is estimated to report quarterly loss at $0.34 per share on revenue of $30.88 million.
&bull; Apyx Medical (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APYX#NASDAQ">APYX</a>) is estimated to report quarterly loss at $0.18 per share on revenue of $14.85 million.
&bull; SNDL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SNDL#NASDAQ">SNDL</a>) is likely to report earnings for its fourth quarter.
&bull; 111 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/YI#NASDAQ">YI</a>) is likely to report earnings for its fourth quarter.
&bull; Rockwell Medical (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RMTI#NASDAQ">RMTI</a>) is projected to report quarterly loss at $0.07 per share on revenue of $22.63 million.
&bull; CENTRAL &amp; EASTERN EUROPE (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CEE#NYSE">CEE</a>) is expected to report earnings for its Fiscal Year 2023.
<h3>Companies Reporting After The Bell</h3>
&bull; Largo (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LGO#NASDAQ">LGO</a>) is estimated to report quarterly loss at $0.05 per share on revenue of $47.10 million.
&bull; Xos (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XOS#NASDAQ">XOS</a>) is projected to report quarterly loss at $1.92 per share on revenue of $17.05 million.
&bull; Lululemon Athletica (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LULU#NASDAQ">LULU</a>) is projected to report quarterly earnings at $5.00 per share on revenue of $3.19 billion.
&bull; Cutera (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CUTR#NASDAQ">CUTR</a>) is estimated to report quarterly loss at $0.99 per share on revenue of $49.15 million.
&bull; Vitru (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VTRU#NASDAQ">VTRU</a>) is projected to report earnings for its fourth quarter.
&bull; Scholastic (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SCHL#NASDAQ">SCHL</a>) is projected to report quarterly loss at $0.80 per share on revenue of $329.21 million.
&bull; Worthington Steel (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WS#NYSE">WS</a>) is estimated to report quarterly earnings at $0.84 per share on revenue of $700.50 million.
&bull; Journey Medical (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DERM#NASDAQ">DERM</a>) is estimated to report quarterly loss at $0.08 per share on revenue of $15.06 million.
&bull; Asensus Surgical (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/ASXC#AMEX">ASXC</a>) is likely to report quarterly loss at $0.08 per share on revenue of $5.30 million.
&bull; Valhi (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VHI#NYSE">VHI</a>) is expected to report quarterly earnings at $0.03 per share on revenue of $13.55 million.
&bull; Biolase (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BIOL#NASDAQ">BIOL</a>) is projected to report quarterly loss at $2.55 per share on revenue of $13.55 million.
&bull; HireQuest (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HQI#NASDAQ">HQI</a>) is projected to report quarterly loss at $0.06 per share on revenue of $8.60 million.
&bull; Nike (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>) is likely to report quarterly earnings at $0.74 per share on revenue of $12.28 billion.
&bull; FedEx (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FDX#NYSE">FDX</a>) is likely to report quarterly earnings at $3.53 per share on revenue of $22.05 billion.
&bull; Intellicheck (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IDN#NASDAQ">IDN</a>) is expected to report quarterly earnings at $0.00 per share on revenue of $5.31 million.
&bull; Abacus Life (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ABL#NASDAQ">ABL</a>) is estimated to report earnings for its fourth quarter.
&bull; AAR (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AIR#NYSE">AIR</a>) is estimated to report quarterly earnings at $0.84 per share on revenue of $567.63 million.
&bull; Amprius Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMPX#NYSE">AMPX</a>) is expected to report quarterly loss at $0.11 per share on revenue of $2.70 million.
&bull; CaliberCos (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CWD#NASDAQ">CWD</a>) is likely to report quarterly loss at $0.17 per share on revenue of $4.25 million.
&bull; Hyperfine (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HYPR#NASDAQ">HYPR</a>) is estimated to report quarterly loss at $0.18 per share on revenue of $3.71 million.
&bull; Cibus (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CBUS#NASDAQ">CBUS</a>) is estimated to report quarterly loss at $1.43 per share on revenue of $380 thousand.
&bull; Direct Digital Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DRCT#NASDAQ">DRCT</a>) is likely to report quarterly earnings at $0.26 per share on revenue of $65.95 million.
&bull; TELA Bio (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TELA#NASDAQ">TELA</a>) is expected to report quarterly loss at $0.43 per share on revenue of $16.39 million.
&bull; One Stop Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OSS#NASDAQ">OSS</a>) is projected to report quarterly loss at $0.04 per share on revenue of $13.01 million.
This article was generated by Benzinga&#39;s automated content engine and reviewed by an editor.

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Earnings Scheduled For March 21, 2024

Winnebago Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WGO#NYSE">WGO</a>) is set to give its latest quarterly earnings report on Thursday, 2024-03-21. Here's what investors need to know before the announcement.
Analysts estimate that Winnebago Industries will report an earnings per share (EPS) of $0.88. 
Winnebago Industries bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
<h3>Past Earnings Performance</h3>
Last quarter the company missed EPS by $0.14, which was followed by a 1.86% increase in the share price the next day.
Here's a look at Winnebago Industries's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
<th>Q3 2023</th>
<th>Q2 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>1.20</td>
<td>1.35</td>
<td>1.83</td>
<td>1.25</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>1.06</td>
<td>1.59</td>
<td>2.13</td>
<td>1.88</td>
</tr>
<tr>
<td>Price Change %</td>
<td>2.0%</td>
<td>1.0%</td>
<td>-4.0%</td>
<td>-2.0%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2024/1710943290_0.png" alt="eps graph" />
<h3>Stock Performance</h3>
Shares of Winnebago Industries were trading at $63.77 as of March 19. Over the last 52-week period, shares are up 14.93%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release. 
<a href="https://www.benzinga.com/quote/WGO/earnings">To track all earnings releases for Winnebago Industries visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings Preview For Winnebago Industries

<h3>Gainers</h3>
<ul>
<li>EVgo (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EVGO#NASDAQ">EVGO</a>) shares moved upwards by 15.1% to $3.2 during Wednesday's pre-market session. The market value of their outstanding shares is at $331.3 million. As per the press release, Q4 earnings came out today. </li>
<li>J-Long Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JL#NASDAQ">JL</a>) stock increased by 14.28% to $3.04. The company's market cap stands at $95.4 million. </li>
<li>JD.com (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JD#NASDAQ">JD</a>) shares moved upwards by 11.66% to $23.94. The company's market cap stands at $37.6 billion. The company's, Q4 earnings came out today. </li>
<li>RealReal (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/REAL#NASDAQ">REAL</a>) shares moved upwards by 10.99% to $4.14. The company's market cap stands at $433.4 million. The company's, Q4 earnings came out 4 days ago. </li>
<li>Duluth Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DLTH#NASDAQ">DLTH</a>) stock moved upwards by 10.4% to $4.88. The market value of their outstanding shares is at $168.4 million. </li>
<li>ToughBuilt Industries (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TBLT#NASDAQ">TBLT</a>) stock rose 8.68% to $4.13. The company's market cap stands at $3.1 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Thor Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/THO#NYSE">THO</a>) shares fell 17.5% to $104.5 during Wednesday's pre-market session. The market value of their outstanding shares is at $5.5 billion. As per the press release, Q2 earnings came out today. </li>
<li>Foot Locker (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FL#NYSE">FL</a>) stock declined by 11.11% to $30.5. The market value of their outstanding shares is at $2.8 billion. The company's, Q4 earnings came out today. </li>
<li>Nordstrom (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JWN#NYSE">JWN</a>) shares fell 9.38% to $18.94. The company's market cap stands at $3.0 billion. As per the press release, Q4 earnings came out yesterday. </li>
<li>Winnebago Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WGO#NYSE">WGO</a>) shares decreased by 9.14% to $62.0. The company's market cap stands at $1.8 billion. </li>
<li>EpicQuest Education Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EEIQ#NASDAQ">EEIQ</a>) shares decreased by 8.33% to $1.1. The market value of their outstanding shares is at $13.9 million. </li>
<li>Brilliant Earth Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BRLT#NASDAQ">BRLT</a>) shares declined by 5.56% to $2.72. The company's market cap stands at $33.3 million. 
See Also: <a href="http://www.benzinga.com/money/best-consumer-cyclical-stocks/" title="www.benzinga.com/money/best-consumer-cyclical-stocks/">www.benzinga.com/money/best-consumer-cyclical-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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12 Consumer Discretionary Stocks Moving In Wednesday's Pre-Market Session

Xos Partners With Winnebago For Development Of Electric Chassis

At the end of today, January 26, 2024, Winnebago Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WGO#NYSE">WGO</a>) will distribute a dividend payout of $0.31 per share, translating to an annualized dividend yield of 1.68%. Shareholders who held the stock before the ex-dividend date on January 11, 2024 will benefit from this payout.
<h3>Winnebago Industries Recent Dividend Payouts</h3>
<style>
 table {
 width: 100%;
 border-collapse: collapse;
 font-family: Arial, sans-serif;
 font-size: 14px;
 }

 th, td {
 padding: 8px;
 text-align: left;
 }

 th {
 background-color: #293a5a;
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 font-size: 12px;
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 }
 </style><table>
<thead>
<tr>
<th>Ex-Date</th>
<th style="text-align: right;">Payments per year</th>
<th>Dividend</th>
<th>Yield</th>
<th>Announced</th>
<th>Record</th>
<th>Payable</th>
</tr>
</thead>
<tbody>
<tr>
<td>2024-01-11</td>
<td style="text-align: right;">4</td>
<td>$0.31</td>
<td>1.68%</td>
<td>2023-12-15</td>
<td>2024-01-12</td>
<td>2024-01-26</td>
</tr>
<tr>
<td>2023-09-12</td>
<td style="text-align: right;">4</td>
<td>$0.31</td>
<td>1.93%</td>
<td>2023-08-16</td>
<td>2023-09-13</td>
<td>2023-09-27</td>
</tr>
<tr>
<td>2023-06-13</td>
<td style="text-align: right;">4</td>
<td>$0.27</td>
<td>1.96%</td>
<td>2023-05-17</td>
<td>2023-06-14</td>
<td>2023-06-28</td>
</tr>
<tr>
<td>2023-04-11</td>
<td style="text-align: right;">4</td>
<td>$0.27</td>
<td>1.88%</td>
<td>2023-03-15</td>
<td>2023-04-12</td>
<td>2023-04-26</td>
</tr>
<tr>
<td>2023-01-10</td>
<td style="text-align: right;">4</td>
<td>$0.27</td>
<td>1.91%</td>
<td>2022-12-14</td>
<td>2023-01-11</td>
<td>2023-01-25</td>
</tr>
<tr>
<td>2022-09-13</td>
<td style="text-align: right;">4</td>
<td>$0.27</td>
<td>1.63%</td>
<td>2022-08-17</td>
<td>2022-09-14</td>
<td>2022-09-28</td>
</tr>
<tr>
<td>2022-06-07</td>
<td style="text-align: right;">4</td>
<td>$0.18</td>
<td>1.36%</td>
<td>2022-05-18</td>
<td>2022-06-08</td>
<td>2022-06-29</td>
</tr>
<tr>
<td>2022-04-12</td>
<td style="text-align: right;">4</td>
<td>$0.18</td>
<td>1.22%</td>
<td>2022-03-16</td>
<td>2022-04-13</td>
<td>2022-04-27</td>
</tr>
<tr>
<td>2022-01-11</td>
<td style="text-align: right;">4</td>
<td>$0.18</td>
<td>1.03%</td>
<td>2021-12-15</td>
<td>2022-01-12</td>
<td>2022-01-26</td>
</tr>
<tr>
<td>2021-09-14</td>
<td style="text-align: right;">4</td>
<td>$0.18</td>
<td>1.01%</td>
<td>2021-08-18</td>
<td>2021-09-15</td>
<td>2021-09-29</td>
</tr>
<tr>
<td>2021-06-15</td>
<td style="text-align: right;">4</td>
<td>$0.12</td>
<td>0.68%</td>
<td>2021-05-19</td>
<td>2021-06-16</td>
<td>2021-06-30</td>
</tr>
<tr>
<td>2021-04-13</td>
<td style="text-align: right;">4</td>
<td>$0.12</td>
<td>0.56%</td>
<td>2021-03-17</td>
<td>2021-04-14</td>
<td>2021-04-28</td>
</tr>
</tbody>
</table>
Winnebago Industries's dividend yield falls in the middle range when compared to its industry peers, with Ford Motor (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>) having the highest annualized dividend yield at 5.29%.
<h3>Analyzing Winnebago Industries Financial Health</h3>
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing. 
<h3>YoY Growth in Dividend Per Share</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1706281526_0.png" alt="dividend chart graph" />
Investors witnessed an upward trajectory in the company's dividend per share between 2020 and 2023. The dividend per share rose from $0.46 to $1.16, indicating the company's dedication to enhancing shareholder value through increased dividends.
<h3>YoY Earnings Growth For Winnebago Industries</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1706281526_1.png" alt="earning chart graph" />
The earnings chart illustrates an increase in Winnebago Industries's earnings per share, from $3.55 in 2020 to $6.66 in 2023. This positive earnings growth provides income-seeking investors with optimism, as it suggests potential for higher cash dividend payouts in the future.
<h3>Recap</h3>
This article takes an in-depth look at Winnebago Industries's recent dividend payout and its implications for shareholders. The company is currently distributing a dividend of $0.31 per share today, translating to an annualized dividend yield of 1.68%.
Winnebago Industries's dividend yield falls in the middle range when compared to its industry peers, with Ford Motor having the highest annualized dividend yield at 5.29%.
The increase in both dividend per share and earnings per share from 2020 to 2023 for Winnebago Industries indicates a positive financial trend, suggesting their capacity to continue distributing profits to shareholders.
To stay informed about changes in financials or dividend disbursements, investors should pay close attention to the company's performance in the upcoming quarters.
[Track real-time stock fluctuations for Winnebago Industries on Benzinga.](https://www.benzinga.com/quote/Winnebago Industries (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/wgo#NYSE">WGO</a>))
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Dividends

Small Cap

Winnebago Industries Empowers Investors with Solid Returns and Fueling Shareholder Value

The notes will bear interest at a rate of&nbsp;3.250%&nbsp;per year, payable semi-annually in arrears on January 15 and July 15 of each year, beginning July 15, 2024. The notes will mature on January 15, 2030, unless repurchased, redeemed or converted in accordance with their terms prior to such date. Prior to July 15, 2029, the notes will be convertible only upon satisfaction of certain conditions and during certain periods, and on and after July 15, 2029, at any time until the close of business on the second scheduled trading day immediately before the maturity date.

Winnebago Industries Prices $300M Offering Of 3.250% Convertible Senior Notes Due 2030 For Refinancing 2025 Maturities

<h3>Gainers</h3>
<ul>
<li>Educational Development (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EDUC#NASDAQ">EDUC</a>) stock moved upwards by 8.3% to $1.83 during Wednesday's after-market session. The company's market cap stands at $15.6 million. As per the news, the Q3 earnings report came out 4 days ago. </li>
<li>Rent the Runway (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RENT#NASDAQ">RENT</a>) stock rose 5.23% to $0.52. The company's market cap stands at $36.5 million. </li>
<li>Kaixin Auto Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KXIN#NASDAQ">KXIN</a>) stock moved upwards by 4.81% to $0.66. The market value of their outstanding shares is at $17.5 million. </li>
<li>Latham Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SWIM#NASDAQ">SWIM</a>) stock increased by 4.78% to $2.41. The market value of their outstanding shares is at $276.5 million. </li>
<li>Fitell (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FTEL#NASDAQ">FTEL</a>) shares rose 3.0% to $1.37. The company's market cap stands at $15.2 million. </li>
<li>Connexa Sports Techs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CNXA#NASDAQ">CNXA</a>) stock moved upwards by 2.44% to $0.2. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>E-Home Household Service (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EJH#NASDAQ">EJH</a>) shares declined by 8.1% to $0.51 during Wednesday's after-market session. The company's market cap stands at $7.5 million. </li>
<li>Rush Street Interactive (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RSI#NYSE">RSI</a>) stock declined by 4.87% to $4.3. The company's market cap stands at $307.9 million. </li>
<li>SRIVARU Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SVMH#NASDAQ">SVMH</a>) stock decreased by 4.15% to $0.23. The company's market cap stands at $8.6 million. </li>
<li>Winnebago Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WGO#NYSE">WGO</a>) stock declined by 3.2% to $64.54. The company's market cap stands at $1.8 billion. </li>
<li>Workhorse Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WKHS#NASDAQ">WKHS</a>) shares decreased by 2.52% to $0.31. The company's market cap stands at $80.8 million. </li>
<li>Volcon (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VLCN#NASDAQ">VLCN</a>) shares declined by 1.82% to $0.1. The market value of their outstanding shares is at $1.3 million. 
See Also: <a href="http://www.benzinga.com/money/best-consumer-cyclical-stocks/" title="www.benzinga.com/money/best-consumer-cyclical-stocks/">www.benzinga.com/money/best-consumer-cyclical-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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12 Consumer Discretionary Stocks Moving In Wednesday's After-Market Session

DA Davidson has decided to maintain its Neutral rating of Winnebago Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WGO#NYSE">WGO</a>) and raise its price target from $60.00 to $64.00.
Shares of Winnebago Industries are trading up 0.04% over the last 24 hours, at $72.21 per share.
A move to $64.00 would account for a 11.37% decrease from the current share price.
<h3>About Winnebago Industries</h3>
Winnebago Industries manufactures Class A, B, and C motor homes along with towables, customized specialty vehicles, boats, and parts. Headquartered in Eden Prairie, Minnesota, Winnebago has been producing recreational vehicles since 1958. Revenue was about $3.5 billion in fiscal 2023. Winnebago expanded into towables in 2011 with the acquisition of SunnyBrook and acquired Grand Design in November 2016. Towables made up 79% of the firm's RV unit volume, up from 31% in fiscal 2016. The company's total RV unit volume was 39,447 in fiscal 2023. Winnebago expanded into boating in 2018 with the purchase of Chris-Craft, bought premium motor home maker Newmar in November 2019, and bought Barletta pontoon boats in August 2021. It also is developing electric and autonomous technology.
<h3>About Analyst Ratings</h3>
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along with analyst success scores in <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

DA Davidson Maintains Neutral Rating for Winnebago Industries: Here's What You Need To Know

DA Davidson analyst Brandon Rolle maintains Winnebago Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WGO#NYSE">WGO</a>) with a Neutral and raises the price target from $60 to $64.

DA Davidson Maintains Neutral on Winnebago Industries, Raises Price Target to $64

Truist Securities&nbsp;analyst Michael A.Swartz reiterated a Buy rating on the shares of&nbsp;Winnebago Industries Inc&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/wgo#NYSE">WGO</a>) and&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/quote/WGO/analyst-ratings" style="background-image:initial; background-position:initial; background-size:initial; background-repeat:initial; background-attachment:initial; background-origin:initial; background-clip:initial; margin-top:0pt; margin-bottom:0pt; color:#4a6ee0" target="_blank">raised the price target from $70 to $85.</a>
With regard to Q1 FY24, profitability was unfavorably impacted by a range of items, including higher variable comp expense, IT/systems investments, Grand Design motorized start-up costs and transitory inefficiencies within the Motorized RV business, says the analyst.
Also, there was unfavorable absorption and higher discounting &amp; promotional allowances across all of WGO&#39;s segments, adds the analyst.
Despite the softer-than-anticipated 1Q print, WGO&#39;s outlook for the coming year was generally unchanged, notes the analyst.
Also, WGO indicated that over the past 30-60 days, retail demand for several of its key brands has turned positive on a Y/Y basis and that it has begun to see lot share gains stemming from dealer stocking optimization efforts, writes the analyst.
According to the analyst, WGO&#39;s expectation of its Towable RV average selling price decline of over 10% is a factor of less favorable model mix rather&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/markets/equities/23/12/36327945/why-outdoor-lifestyle-product-manufacturer-winnebago-shares-are-falling-today" style="background-image:initial; background-position:initial; background-size:initial; background-repeat:initial; background-attachment:initial; background-origin:initial; background-clip:initial; margin-top:0pt; margin-bottom:0pt; color:#4a6ee0" target="_blank">than any degradation in pricing power.</a>
Overall, the analyst has a sense that company specific factors drove Q1&#39;s underperformance, inventory destocking is largely complete (RV), and WGO should return to market share growth in the year ahead.&nbsp;
Price Action: WGO shares are trading higher by 2.07% at $72.42 on the last check Thursday.
Photo via Company

Reiteration

Winnebago Rides The Road To Recovery: Analyst Boosts Target Amid Signs Of Revival

In the preceding three months, 4 analysts have released ratings for Winnebago Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WGO#NYSE">WGO</a>), presenting a wide array of perspectives from bullish to bearish.
The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $74.0, a high estimate of $85.00, and a low estimate of $58.00. Witnessing a positive shift, the current average has risen by 1.02% from the previous average price target of $73.25.
<img src="https://www.benzinga.com/files/images/story/2023/1703174466_0.png" alt="price target chart" />
<h2>Deciphering Analyst Ratings: An In-Depth Analysis</h2>
A clear picture of Winnebago Industries's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Michael Swartz</td>
<td>Truist Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$85.00</td>
<td>$70.00</td>
</tr>
<tr>
<td>Tristan Thomas-Martin</td>
<td>BMO Capital</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$80.00</td>
<td>$85.00</td>
</tr>
<tr>
<td>Scott Stember</td>
<td>Roth MKM</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$58.00</td>
<td>$61.00</td>
</tr>
<tr>
<td>James Hardiman</td>
<td>Citigroup</td>
<td>Lowers</td>
<td>Buy</td>
<td>$73.00</td>
<td>$77.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Winnebago Industries. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Winnebago Industries compared to the broader market.</li>
<li>Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Winnebago Industries's stock. This examination reveals shifts in analysts' expectations over time.</li>
</ul>
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Winnebago Industries's market position. Stay informed and make well-informed decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/WGO/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Winnebago Industries analyst ratings.</a>
<h2>About Winnebago Industries</h2>
Winnebago Industries manufactures Class A, B, and C motor homes along with towables, customized specialty vehicles, boats, and parts. Headquartered in Eden Prairie, Minnesota, Winnebago has been producing recreational vehicles since 1958. Revenue was about $3.5 billion in fiscal 2023. Winnebago expanded into towables in 2011 with the acquisition of SunnyBrook and acquired Grand Design in November 2016. Towables made up 79% of the firm's RV unit volume, up from 31% in fiscal 2016. The company's total RV unit volume was 39,447 in fiscal 2023. Winnebago expanded into boating in 2018 with the purchase of Chris-Craft, bought premium motor home maker Newmar in November 2019, and bought Barletta pontoon boats in August 2021. It also is developing electric and autonomous technology.
<h3>Financial Insights: Winnebago Industries</h3>
Market Capitalization Perspectives: The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as perceived growth potential or operational scale.
Revenue Challenges: Winnebago Industries's revenue growth over 3 months faced difficulties. As of 31 August, 2023, the company experienced a decline of approximately -34.61%. This indicates a decrease in top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Consumer Discretionary sector.
Net Margin: Winnebago Industries's net margin excels beyond industry benchmarks, reaching 5.68%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): Winnebago Industries's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 3.21% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of 1.81%, the company showcases effective utilization of assets.
Debt Management: Winnebago Industries's debt-to-equity ratio is below the industry average. With a ratio of 0.46, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
<h2>Analyst Ratings: Simplified</h2>
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Analyst Scoreboard: 4 Ratings For Winnebago Industries

Truist Securities analyst Michael Swartz maintains Winnebago Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WGO#NYSE">WGO</a>) with a Buy and raises the price target from $70 to $85.

Truist Securities Maintains Buy on Winnebago Industries, Raises Price Target to $85-Report Released on 20 December 2023

Truist Securities Maintains Buy on Winnebago Industries, Raises Price Target to $85

Winnebago Industries, Inc.&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/wgo#NYSE">WGO</a>) reported a Q1 FY24 sales decline of 19.9% Y/Y to $763 million, beating the&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/pressreleases/23/12/g36321865/winnebago-industries-reports-first-quarter-fiscal-2024-results" style="background-image:initial; background-position:initial; background-size:initial; background-repeat:initial; background-attachment:initial; background-origin:initial; background-clip:initial; margin-top:0pt; margin-bottom:0pt; color:#4a6ee0" target="_blank">consensus of $723.82 million.</a>
Revenue was impacted by lower unit sales related to market conditions, product mix, and higher discounts and allowances compared to the prior year.
Revenues for the Towable RV segment were $330.8 million in Q1, down 4.8% Y/Y, primarily driven by a reduction in average selling price per unit related to product mix and targeted price reductions.
Revenues for the Motorhome RV segment were $334.4 million, down 28.0% from the prior year, primarily driven by a decline in unit volume related to market conditions and higher levels of discounts and allowances.
Revenues for the Marine segment were $87.3 million, down 33.5% from the prior year.
Related:&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/news/earnings/23/12/36318917/winnebago-gears-up-for-q1-print-heres-a-look-at-recent-price-target-changes-by-the-most-accurate-an" style="background-image:initial; background-position:initial; background-size:initial; background-repeat:initial; background-attachment:initial; background-origin:initial; background-clip:initial; margin-top:0pt; margin-bottom:0pt; color:#4a6ee0" target="_blank">Winnebago Gears Up For Q1 Print; Here&#39;s A Look At Recent Price Target Changes By The Most Accurate Analysts</a>
Gross profit for Q1 was $115.8 million, a decrease of 27.8% Y/Y. Gross profit margin decreased 160 basis points from the prior year to 15.2%, primarily due to volume deleverage and higher discounts and allowances.
Operating income was $39.1 million in Q1, a decrease of 54.5% Y/Y. Adjusted EPS of $1.06<a class="editor-rtfLink" href="https://www.benzinga.com/calendars/earnings" style="background-image:initial; background-position:initial; background-size:initial; background-repeat:initial; background-attachment:initial; background-origin:initial; background-clip:initial; margin-top:0pt; margin-bottom:0pt; color:#4a6ee0" target="_blank">&nbsp;missed the analyst consensus of $1.17.</a>
As of November 25, 2023, the company had a total outstanding debt of $593.1 million, cash flow used in operations was $(21.4) million.
The company said it returned $50 million to shareholders through share repurchases and dividends while further investing in innovation, digital assets, and IT capabilities.
&quot;We remain optimistic that the current cycle of RV dealer destocking is approaching its conclusion, and that market conditions in both retail and wholesale could begin to see improvement in mid to late calendar year 2024,&quot; President and&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/calendars/guidance" style="background-image:initial; background-position:initial; background-size:initial; background-repeat:initial; background-attachment:initial; background-origin:initial; background-clip:initial; margin-top:0pt; margin-bottom:0pt; color:#4a6ee0" target="_blank">Chief Executive Officer Michael Happe said.</a>
Price Action:&nbsp;WGO shares are trading lower by 1.72% to $73.85&nbsp;on the last check Wednesday.&nbsp;
Photo via Company

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