Winnebago Posts Loss In Q1; Narrows FY25 EPS Guidance Range; Midpoint Maintained

Winnebago Industries

40.71 CHF -1.86%

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Kaufen / Verkaufen

(RTTNews) - Winnebago Industries, Inc. (WGO) posted a first quarter net loss of $5.2 million, compared to net income of $25.8 million, last year. Reported net loss per share was $0.18, compared to reported net earnings per share of $0.78. Adjusted loss per share was $0.03, compared to adjusted earnings per share of $0.95.

First quarter revenues were $625.6 million, a decrease of 18.0% compared to $763.0 million, a year ago, driven primarily by lower unit volume and a reduction in average selling price per unit related to product mix.

For fiscal 2025, Winnebago Industries reaffirmed expectation for consolidated revenues in the range of $2.9 billion to $3.2 billion. The company narrowed fiscal 2025 reported EPS and adjusted EPS outlook while leaving the midpoints unchanged. The company now expects reported earnings per share of $2.50 to $3.80, compared with the prior range of $2.40 to $3.90, and adjusted earnings per share of $3.10 to $4.40, compared with a prior range of $3.00 to $4.50.

On December 18, 2024, the companys Board of Directors approved a quarterly cash dividend of $0.34 per share payable on January 29, 2025, to common stockholders of record at the close of business on January15, 2025.

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