BUZZ-Winnebago shares up 7% after quarterly report, guidance

Reuters
03-28
BUZZ-Winnebago shares up 7% after quarterly report, guidance

** Shares in recreational vehicle co Winnebago Industries WGO.N up ~7% after fiscal Q2 results beat Street expectations; EPS outlook also beat consensus est though weaker than co's previous guidance

** WGO reported adj. EPS of $0.19 vs consensus est $0.13, rev of $620.2 mln vs consensus $616.7 mln, according to LSEG

** Co forecast FY adj EPS of $2.75-$3.75, midpoint of $3.25 above consensus $3.19, as per LSEG. But midpoint was below that of company's prior guidance for adj EPS $3.10-$4.40, issued Dec. 20 with Q1 results

** WGO forecast FY sales of $2.8bln-$3.0bln implying $2.9bln midpoint vs consensus $2.95bln and co's prior guidance for $2.9bln-$3.2bln

** WGO says included net tariffs impact in outlook inc price changes potentially needed to offset inflationary pressures on input costs

** Co says outlook considers macro-economic, sector challenges including "stubborn interest rates, inconsistent consumer sentiment," dealers continuing to push inventory lower, particularly in motorhome RV, marine segments

** Shares last traded at $37.19 vs median PT of $55, which is down from $58 a month ago, as per LSEG

** WGO shares down ~22% YTD after ~34% drop in 2024 vs ~13% YTD drop for S&P 600 consumer discretionary sector .SPSMCD, which rose 5.4% in 2024

(Reporting By Sinéad Carew)

((sinead.carew@thomsonreuters.com; +13322191897;))

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