Tag Archives: Michael Happe

Winnebago reports Q1 2023 results

Winnebago Industries, Inc. recently reported financial results for the Company's Fiscal 2023 first quarter. Revenues for the Fiscal 2023 first quarter ended November 26, 2022, were $952.2 million, a decrease of 17.6% compared to $1.2 billion for the Fiscal 2022 period, driven by unit volume decreases versus record year-ago comparisons, partially offset by Marine segment unit growth and price increases ...

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Winnebago Industries releases Responsibility Report

 Winnebago Industries, Inc. has published its 2022 Corporate Responsibility Report. The report details continued progress across environmental, social and corporate governance (ESG) priorities, including third-party data validation to support the Company’s commitment to net-zero greenhouse gas emissions by 2050 and further advancement of the Company’s approach to inclusion, diversity, equity and action, “All In, Outdoors.” On December 7, Winnebago Industries was ...

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Government data reports outdoor recreation industry generates record numbers

The U.S. Department of Commerce's Bureau of Economic Analysis (BEA) has released economic data for 2021 showing the outdoor recreation industry's impact on the U.S. economy. Outdoor recreation generates $862 billion in economic output and 4.5 million jobs. This is the fifth consecutive year that BEA has released government data on this industry sector. Key highlights from the 2021 data on the ...

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Winnebago Industries to acquire Barletta

Winnebago Industries, Inc. an outdoor lifestyle product manufacturer, announced that it has entered into a definitive agreement to acquire Barletta Pontoon Boats (“Barletta”) for an initial consideration of $255 million in cash and newly-issued Winnebago Industries shares, plus up to $15 million in Winnebago Industries shares upon the achievement of performance milestones at the end of calendar 2021. Certain growth ...

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Winnebago provides Chris-Craft update during earnings call

Corporate executives from Winnebago Industries included a quick update on Chris-Craft during the company’s fourth quarter and fiscal year 2018 conference call. FY 2018 was a tremendous step forward for Winnebago Industries in all aspects - strategically, financially, and culturally, stated President and CEO Michael Happe. "We made strong strides in the journey to transform ourselves into a premier, outdoor ...

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Winnebago Industries acquires Chris-Craft

Winnebago Industries, Inc. has acquired Chris-Craft from Stellican Ltd., which has owned Chris-Craft since 2001. Terms of the transaction were not disclosed. “Chris-Craft is an iconic, premium brand that shares many similarities with our own heritage Winnebago brand, including a commitment to providing customers with the highest quality products and services,” said Winnebago Industries President and Chief Executive Officer Michael ...

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