Winnebago Industries, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended February 24, 2024
March 21, 2024 at 07:00 am EDT
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Winnebago Industries, Inc. reported earnings results for the second quarter and six months ended February 24, 2024. For the second quarter, the company reported sales was USD 703.6 million compared to USD 866.7 million a year ago. Net loss was USD 12.7 million compared to net income of USD 52.8 million a year ago. Basic loss per share from continuing operations was USD 0.43 compared to basic earnings per share from continuing operations of USD 1.73 a year ago. Diluted loss per share from continuing operations was USD 0.43 compared to diluted earnings per share from continuing operations of USD 1.52 a year ago.
For the six months, sales was USD 1,466.6 million compared to USD 1,818.9 million a year ago. Net income was USD 13.1 million compared to USD 113 million a year ago. Basic earnings per share from continuing operations was USD 0.45 compared to USD 3.71 a year ago. Diluted earnings per share from continuing operations was USD 0.44 compared to USD 3.25 a year ago.
Winnebago Industries, Inc. manufactures recreation vehicles (RVs) and marine products with a diversified portfolio used primarily in leisure travel and outdoor recreational activities. It also designs and manufactures advanced battery solutions that deliver house power, supporting internal electrical features and appliances for a range of outdoor products including RVs, boats, specialty and other low-speed vehicles, as well as other industrial applications. It produces its towable RV units in Indiana; its motorhome RV units in Iowa and Indiana; its marine units in Indiana and Florida, and its battery solutions in Florida. Its products are offered under the Winnebago, Grand Design, Chris-Craft, Newmar and Barletta brands, which are used primarily in leisure travel and outdoor recreation activities. Its segments include Grand Design towables, Winnebago towables, Winnebago motorhomes, Newmar motorhomes, Chris-Craft marine, Barletta marine, Winnebago specialty vehicles and Lithionics.
WINNEBAGO INDUSTRIES, INC. 
