Winnebago Industries (WGO) reported a fiscal Q1 adjusted net loss Friday of $0.03 per diluted share, swinging from earnings of $0.95 a year earlier.

Analysts polled by FactSet expected earnings of $0.20.

Revenue for the quarter ended Nov. 30 was $625.6 million, down from $763 million a year earlier.

Analysts surveyed by FactSet estimated $672 million.

For fiscal 2025, the company now expects adjusted earnings of $3.10 to $4.40 per diluted share, compared with $3 to $4.50 previously. Analysts polled by FactSet expect $3.38.

The company reiterated its revenue guidance for the current fiscal year between $2.9 billion and $3.2 billion. Analysts surveyed by FactSet expect $2.99 billion.

Winnebago shares were down 4.8% in premarket activity.