Inside The Call: Winnebago Rides Outdoor Momentum To Stellar Q1 Results

December 17, 2021

Winnebago Industries’ earnings surged 73.5 percent in the first quarter ended November 27 on a 46 percent sales gain, easily outperforming Wall Street’s expectations. Mike Happe, president and CEO, said, “The way in which consumers have increasingly embraced an excitement for the outdoor lifestyle remained a powerful tailwind, driving demand for Winnebago Industries’ premium products, whether on land or water.”

Sales in the quarter reached a record $1.2 billion, up from $793.1 million a year ago. Wall Street’s estimate has been $1.03 billion. SGB Media