Winnebago beats estimates but lowers outlook due to economic challenges

From Yahoo Finance: 2025-03-27 13:29:00

Shares of Winnebago Industries surged 7% after beating analysts’ estimates with quarterly results. Sales fell 12% year-over-year to $620.2 million, with adjusted EPS of 19 cents. Despite the rise, Winnebago cut fiscal 2025 outlook due to economic challenges, forecasting adjusted EPS of $2.75 to $3.75 and sales of $2.8 billion to $3 billion. CEO Michael Happe cited dynamic economic environment, interest rates, and consumer sentiment as factors affecting the industry. Winnebago shares have lost half their value over the past year.

Read more: Winnebago Stock Soars as Results Top Estimates, But RV Maker Cuts Outlook