Winnebago Industries, Inc., an outdoor lifestyle product manufacturer, reported financial results for the Company’s Fiscal 2023 third quarter. Revenues for the Fiscal 2023 third quarter ended May 27, 2023, were $900.8 million, a decrease of 38.2% compared to $1.5 billion for the Fiscal 2022 period, driven by lower unit sales related to RV retail market conditions and higher discounts and allowances ...
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Winnebago CEO named 2023 EY Entrepreneur of the Year
Winnebago Industries, Inc., an outdoor lifestyle product manufacturer, announced that president and CEO, Michael Happe, has been named a winner of the Ernst & Young Entrepreneur of The Year Heartland Award. Honored for bringing a bold vision to Winnebago Industries when he joined the company in 2016, Happe has led the company through a significant evolution driven by organic and ...
Read More »Winnebago Industries extends National Park Foundation partnership
Winnebago Industries has announced that the company will extend their partnership with the National Park Foundation (NPF) through 2025. The partnership will support the National Park Foundation’s conservation efforts. For the next three years, the partnership will focus on expanding outdoor exploration programs such as Park Ventures and Junior Ranger Angler in parks across the country. This work will focus on teaching valuable skills ...
Read More »Winnebago Industries to acquire Lithionics Battery
Winnebago Industries, Inc. announced that it has reached a definitive agreement to acquire Lithionics Battery (Lithionics), a lithium-ion battery solutions provider to recreational equipment and specialty vehicle markets. The addition of Lithionics will provide Winnebago Industries with enhanced technological and engineering capabilities to offer consumers more differentiated products with innovative electrical solutions, as well as bring strategic sourcing benefits and ...
Read More »Winnebago Industries reports Q2 results
Winnebago Industries, Inc. (NYSE: WGO) has reported financial results for the company’s Fiscal 2023 second quarter. Revenues for the Fiscal 2023 second quarter ended Feb. 25, 2023, were $866.7 million, a decrease of 25.6% compared to $1.2 billion for the Fiscal 2022 period, driven by unit volume decreases versus record year-ago comparisons, partially offset by carryover price increases in all segments. Gross profit was $146.8 million, a decrease of 32.2% compared to $216.6 million for the Fiscal 2022 period, driven by decreased ...
Read More »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 ...
Read More »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 ...
Read More »Winnebago Industries announces consumer research findings and new research center
Winnebago Industries, Inc. has unveiled findings from its first consumer research initiative on outdoor recreation and announced the development of a new facility and expanded resources dedicated to innovating next-generation technologies for the recreational vehicle and marine industries. Consumer research Winnebago’s inaugural report found that future demand for outdoor recreation is strong, with nearly 90% of outdoors enthusiasts planning to ...
Read More »Barletta appoints Haradine president, former president Fenech to retire
Winnebago Industries, Inc. (NYSE: WGO), an outdoor lifestyle product manufacturer, has announced the planned retirement of Bill Fenech, president, Barletta Pontoon Boats, effective August 26, 2022. Bill Fenech founded Barletta in 2017. Barletta was acquired by Winnebago Industries in August 2021, joining the family of premium RV and marine brands including Winnebago, Grand Design RV, Chris-Craft, and Newmar. To enable ...
Read More »Barletta to expand production facilities
Barletta Pontoon Boats, a subsidiary of Winnebago Industries, announced that groundbreaking will occur later this summer on a new 184,000-square-foot production facility located on their existing 37-acre campus in Bristol. Barletta’s total footprint will expand to over 425,000 square feet or almost three times the size of its original facility in 2017. The expansion is planned to be available for ...
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