earnings
confidence high
sentiment negative
materiality 0.75
Winnebago Industries reports Q1 fiscal 2024 revenue down 19.9% to $763M; EPS $0.78, adj EPS $1.06
WINNEBAGO INDUSTRIES INC
2024-Q1 EPS reported
$0.78
revenue$763,000,000
- Revenue $763M (-19.9% YoY); reported EPS $0.78 vs $1.73; adjusted EPS $1.06 vs $2.07.
- Motorhome RV segment revenue $334.4M (-28%); Adj EBITDA margin 6.4% (down 440bps).
- Towable RV segment revenue $330.8M (-4.8%); Adj EBITDA margin 10.0% (down 50bps).
- Marine segment revenue $87.3M (-33.5%); Adj EBITDA margin 8.2% (down 590bps).
- Returned $50M to shareholders via buybacks & dividends; operating cash flow -$21.4M.