Winnebago Industries Reports Second Quarter Fiscal 2025
From GlobeNewswire: 2025-03-27 07:00:00
Winnebago Industries Reports Financial Results for Q2 FY 2025:
- Net revenues: $620.2 million
- Gross profit: $83.1 million (13.4% margin)
- Net loss: $0.4 million ($0.02 per diluted share)
- Adjusted EBITDA: $22.8 million (3.7% margin)
- CEO Happe highlights performance in strategic markets, expansion of RV brand portfolio, and capital efficiency improvements.
Segment Highlights:
- Barletta’s U.S. aluminum pontoon market share: 9.5%
- Newmar sees increasing market share in Class A Diesel Segment
- Towable RV net revenues up 1.2% with adjusted EBITDA margin at 5.9%
- Motorhome RV net revenues down 30.4%, adjusted EBITDA margin at 2.2%
- Marine segment net revenues up 17.1%, adjusted EBITDA margin at 9.4%
Financials:
- Operating income: $7.8 million
- Net loss decreased from $12.7 million to $0.4 million
- Adjusted earnings per diluted share: $0.19
- Consolidated Adjusted EBITDA: $22.8 million
- Debt reduction and strategic debt reduction initiatives improve capital efficiency.
Read more at GlobeNewswire:: Winnebago Industries Reports Second Quarter Fiscal 2025