Question · Q4 2025
Noah Zaskin inquired about expectations for warranty expenses in fiscal year 2026 relative to fiscal year 2025, seeking any notable trends or drivers.
Answer
President and CEO Michael Happe clarified that warranty expense includes both quality-driven costs and significant customer goodwill, citing Barletta's high level of customer support as an example. Senior Vice President and CFO Bryan Hughes noted improved warranty year-over-year in the motorhome segment, with slightly elevated experience in towable and marine segments. He expects consistent warranty rates in fiscal 2026, with no major drivers to operating income yield.