Winnebago stock rises as Q2 revenue tops expectations and loss narrows

Dow Jones
03-27

MW Winnebago stock rises as Q2 revenue tops expectations and loss narrows

Shares of Winnebago Industries Inc. shares rose 3.5% in premarket trades after the motorhome and towables maker reported better-than-expected fiscal second-quarter revenue and a narrowed loss.

The company $(WGO)$ reported a net loss of $0.4 million, or 2 cents a share, compared with a net loss of $12.7 million, or 43 cents a share, in the prior year's quarter. Winnebago Industries' adjusted fourth-quarter profit of 19 cents a share was above the FactSet consensus estimate of 13 cents a share.

Revenue was $620.2 million, down from $703.6 million in the same period last year, but above the analyst FactSet consensus estimate of $617 million. Winnebago Industries said that the revenue decline was driven by a reduction in average selling price per unit related to product mix, although this was partially offset by targeted price increases.

The Eden Prairie, Minn.-based company lowered its fiscal 2025 guidance, and now expects sales of $2.8 billion to $3 billion, reported earnings per diluted share between $2.10 to $3.10 a share, and adjusted earnings of $2.75 to $3.75 a share.

Previously, Winnebago Industries was looking for revenue of $2.9 billion to $3.2 billion, reported earnings of $2.50 to $3.80 a share, and adjusted earnings of $3.10 to $4.40 a share.

(This is a breaking news story. Check back for updates)

-James Rogers

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

 

(END) Dow Jones Newswires

March 27, 2025 07:32 ET (11:32 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10