Winnebago Industries Posts Fiscal Q1 Net Loss on Lower Unit Volume and ASPs

December 20, 2024

Winnebago Industries, Inc. reported fiscal 2025 first quarter revenues amounted to $625.6 million, a decrease of 18.0 percent compared to $763.0 million in the first quarter of last year, driven primarily by lower unit volume and a reduction in average selling price per unit related to product mix.

Gross profit was $76.8 million, a decrease of 33.7 percent compared to $115.8 million in the first quarter of last year. Operating expenses were $77.7 million, an increase of 1.3 percent compared to $76.7 million in the first quarter of last year. This increase was primarily driven by strategic investments, partially offset by cost containment efforts. SGB