Winnebago Industries Inc
- Winnebago Industries decreased 4.5% to $71.80 after the company issued a cautious outlook, citing macroeconomic headwinds.
Revenue in the fiscal first quarter ending on November 25 declined 19.9% to $763.3 million from $952.2 million, net income declined from $25.8 million to $60.2 million, and diluted earnings per share eased to 78 cents from $1.73 a year ago.
Towable RV segment revenue decreased 4.8% to $330.8 million, primarily driven by a decline in average selling price related to product mix and targeted price reductions.
Motorhome RV segment revenue plunged 28% to $334.4 million, reflecting a decline in unit volume and a higher level of discounts.
Marine segment revenue dropped 33.5% to $87.3 million because of fewer unit sales and higher-than-normal discounts.
Dec 20, 2023 - Winnebago Industries, Inc declined 8.1% to $59.01 after the maker of RVs reported sales declined 38% in its latest quarter because of heavier discounting and macroeconomic headwinds.
Revenue in the fiscal third quarter ending in May declined 38.2% to $900.8 million from $1.5 billion and net income declined 49% to $59.6 million from $117.2 million and diluted earnings per share fell to $1.71 from $3.57 a year ago.
On May 17 the company declared a quarterly cash dividend of 27 cents per share payable on June 28 to shareholders on record June 14.
The company completed repurchases of $20 million shares during the third quarter.
Jun 21, 2023
| Year | Nov | Feb | May | Aug | Annual | |
|---|---|---|---|---|---|---|
| 2023 | 1.52 | 1.71 | 1.27 | 0.78 | 6.23 | |
| 2022 | 2.69 | 3.57 | 2.68 | 1.73 | 11.84 | |
| 2021 | 2.04 | 2.05 | 2.49 | 2.9 | 8.28 | |
| 2020 | 0.51 | -0.37 | 1.26 | 1.7 | 1.84 | |
| 2019 | 0.60 | 1.14 | 1.01 | 0.67 | 3.52 | |
| 2018 | 0.62 | 1.02 | 0.94 | 0.70 | 3.22 | |
| 2017 | 0.46 | 0.94 | 0.94 | 0.57 | 2.91 | |
| 2016 | 0.35 | - | 0.49 | 0.60 | 1.44 | |
| 2015 | 0.30 | 0.44 | 0.43 | 0.32 | 1.49 | |
| 2014 | 0.37 | 0.35 | 0.42 | 0.47 | 1.64 | |
| 2013 | 0.40 | 0.22 | 0.27 | 0.38 | 1.13 | |
| 2012 | 0.26 | -0.03 | 0.13 | 1.40 | 1.54 | |
| 2011 | 0.04 | 0.11 | 0.04 | 0.13 | 0.41 | |
| 2010 | 0.13 | 0.02 | 0.21 | 0.17 | 0.35 | |
| 2009 | -0.05 | -0.36 | -0.29 | -1.73 | -2.71 | |
| 2008 | -0.33 | 0.09 | 0.10 | -0.43 | 0.1 | |
| 2007 | 0.34 | 0.24 | 0.35 | 0.48 | 1.32 | |
| 2006 | 0.25 | 0.23 | 0.40 | 0.30 | 1.37 | |
| 2005 | 0.44 | 0.37 | 0.52 | 0.46 | 1.92 |