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 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 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 ...
Read More »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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