earnings
confidence high
sentiment neutral
materiality 0.65
Winnebago Q4 revenue falls 17% to $645.1M, adj EPS $0.49; FY2027 adjusted EPS guided to $1.65-$2.25
WINNEBAGO INDUSTRIES INC
- Q4 net revenue $645.1M, down 17.0% YoY; net income $9.7M ($0.34 diluted EPS); adjusted diluted EPS $0.49 vs $0.71 a year ago.
- FY2026 revenue $2,703.9M (-3.4%); net income $34.5M, EPS $1.21 (+33%); adjusted EPS $1.79 vs $1.67 (+7.2%); adjusted EBITDA $125.0M.
- Towable RV Q4 revenue $220.3M (-28.1%), operating income $9.3M (-56.5%); Motorhome revenue $323.6M (-10.4%) with operating income $7.9M vs $(0.3)M.
- FY2027 guidance: revenue $2.65-$2.80B; reported EPS $0.90-$1.50; adjusted EPS $1.65-$2.25; CY2027 North American RV wholesale shipments 265,000-295,000 units.
- Net leverage 2.2x vs 3.0x at Q3 end; cash $181.4M; Q4 operating cash flow $142.5M; dividend raised 3% to $0.36/share, paid Sept 23, 2026.