Craig Kennison

Joseph Altobello

Scott Stember

Michael Swartz

Tristan Thomas-Martin

James Hardiman

Patrick Buckley

Frederick Wightman

Michael Albanese

Noah Zatzkin

Sean Wagner

Andrew Paul Wolf

Brandon Rollé

Bret Jordan

David Whiston

Noah Zaskin

Tristan Thomas Martin

- Winnebago Industries reported **Q4 2025 adjusted diluted EPS of $0.71** on consolidated net revenues of **$777.3 million**, achieving the high end of its revised 2025 financial guidance.  **[0000107687_2196850_1]**  The company also generated **$181.4 million in cash from operations** and significantly reduced its net leverage ratio to **3.1** at year-end.  **[0000107687_2196850_3]** 
- For fiscal year 2026, the company forecasts consolidated net revenues between **$2.75 billion and $2.95 billion**, and adjusted diluted EPS in the range of **$2.00 to $2.70**, representing a **41% increase** at the midpoint from fiscal year 2025.  **[0000107687_2196850_4]** 
- The fiscal 2026 outlook anticipates growth in the motorhome RV segment and flat to modest low single-digit growth in the towable RV segment, but a decline in marine segment sales due to continued soft retail trends.  **[0000107687_2196850_4]** 
- The company has included the full anticipated impact of tariffs in its fiscal 2026 guidance and has updated its RV mid-cycle volume estimate to a lower range of **400,000-425,000 units**.  **[0000107687_2196850_4]** **[0000107687_2196850_6]** **[0000107687_2196850_11]**

Winnebago Industries Reports Strong Q4 2025 Results and Provides FY2026 Guidance

- Winnebago Industries reported **adjusted diluted EPS of $0.71** on **consolidated net revenues of $777.3 million** for Q4 2025, achieving the high end of its revised 2025 financial guidance.  **[0000107687_2195789_1]**  The company generated **$181.4 million in cash from operations** and significantly reduced its net leverage ratio to **3.1** at year-end from 4.8 at the end of Q3.  **[0000107687_2195789_3]** 
- For fiscal year 2026, the company provided guidance of consolidated net revenues in the range of **$2.75 billion to $2.95 billion** and adjusted earnings per diluted share of **$2.00 to $2.70**, with the midpoint representing a **41% increase** from fiscal year 2025 results.  **[0000107687_2195789_4]** 
- In fiscal 2025, Winnebago returned **$88.9 million to shareholders** through **$50 million in share repurchases** and **$38.9 million in dividends**, and also repaid **$159 million of debt**.  **[0000107687_2195789_3]** **[0000107687_2195789_4]** 
- Strategic actions in Q4 2025 included consolidating the Winnebago motorhome manufacturing footprint by **closing two of four locations** in northern Iowa to improve operational efficiency and cash conversion.  **[0000107687_2195789_3]** 
- The company expects North American RV wholesale shipments for calendar year 2026 to be between **315,000 and 345,000 units**, with anticipated growth in its motorhome RV segment.  **[0000107687_2195789_4]**

Winnebago Industries Announces Q4 2025 Results and Fiscal Year 2026 Guidance

- Winnebago Industries reported **Q4 2025 adjusted diluted earnings per share of $0.71** on **net revenues of $777.3 million**, achieving the high end of its revised 2025 financial guidance and returning to positive operating cash flow.  **[0000107687_2195816_1]** 
- For fiscal year 2026, the company projects consolidated net revenues between **$2.75 billion and $2.95 billion**, and adjusted earnings per diluted share of **$2.00 to $2.70**, with the midpoint representing a **41% increase** from FY2025.  **[0000107687_2195816_4]** 
- The company anticipates North American RV wholesale shipments for calendar year 2026 to range from **315,000 to 345,000 units** and expects the Motorhome RV segment's operating income margin to improve to **low single digits** from negative 0.6% in fiscal year 2025.  **[0000107687_2195816_4]** 
- Key strategic initiatives for fiscal year 2026 include ongoing tariff mitigation, driving growth through new product introductions and dealer partnerships, and targeting a net leverage ratio of approximately **two times** by year-end.  **[0000107687_2195816_4]** **[0000107687_2195816_5]** **[0000107687_2195816_6]**

- Winnebago Industries reported **Q4 2025 consolidated net revenues of $777.3 million**, an increase of 7.8% compared to F24 Q4, with **operating income increasing to $20.1 million** from an operating loss of $17.8 million in F24 Q4, and **adjusted diluted EPS of $0.71**.  **[0000107687_2195217:10]** 
- The company achieved **positive cash flow** and **reduced its leverage ratio to 3.1** in FY25 Q4 from 4.8 in FY25 Q3.  **[0000107687_2195217:8]** **[0000107687_2195217:12]**  Winnebago Industries also returned **$89 million to shareholders** in FY25 and has **$180 million remaining on its share repurchase authorization** at the end of Q4 F25.  **[0000107687_2195217:12]** 
- For Fiscal Year 2026, the company provided guidance for **net revenues between $2.75 billion and $2.95 billion** (midpoint $2.85 billion) and **adjusted earnings per share between $2.00 and $2.70** (midpoint $2.35).  **[0000107687_2195217:13]** 
- Winnebago Industries is targeting a **low-single-digit Motorhome RV operating income margin in FY26**, an improvement from -0.6% in FY25.  **[0000107687_2195217:13]**

Winnebago Industries Announces Strong Q4 2025 Results and Fiscal 2026 Guidance

- Winnebago Industries reported **net revenues of $777.3 million** for the fourth quarter of Fiscal 2025, an increase of **7.8%** from the prior year's fourth quarter, with **adjusted earnings per diluted share of $0.71**, up **153.6%** year-over-year.  **[107687_0000107687-25-000032_exh9912025q4earningsrelease.htm:0]** 
- For the full Fiscal Year 2025, net revenues were **$2,798.2 million**, a decrease of **5.9%** from Fiscal 2024, and adjusted earnings per diluted share were **$1.67**.  **[107687_0000107687-25-000032_exh9912025q4earningsrelease.htm:0]** 
- The company generated **$181.4 million** in net cash flow from operations in the fourth quarter of Fiscal 2025, leading to an improved net leverage ratio of **3.1x** at quarter-end.  **[107687_0000107687-25-000032_exh9912025q4earningsrelease.htm:0]** **[107687_0000107687-25-000032_exh9912025q4earningsrelease.htm:3]** 
- Winnebago's Board of Directors approved a **3% increase** in the quarterly cash dividend to **$0.35 per share**.  **[107687_0000107687-25-000032_exh9912025q4earningsrelease.htm:3]** 
- For Fiscal 2026, the company anticipates consolidated net revenues in the range of **$2.75 billion to $2.95 billion** and adjusted earnings per diluted share of **$2.00 to $2.70**.  **[107687_0000107687-25-000032_exh9912025q4earningsrelease.htm:3]**

Winnebago Industries Reports Fourth Quarter and Full Year Fiscal 2025 Results and Issues Fiscal 2026 Guidance

- Winnebago Industries reported **net revenues of $777.3 million** for the fourth quarter of Fiscal 2025, an increase of **7.8%** from the prior year, with **adjusted earnings per diluted share of $0.71**, up **153.6%** year-over-year.  **[107687_be50610af1e5423885922666f7d7cdcd_0]** 
- For the full Fiscal 2025, net revenues were **$2,798.2 million**, a **5.9% decrease** from Fiscal 2024, and adjusted earnings per diluted share were **$1.67**.  **[107687_be50610af1e5423885922666f7d7cdcd_0]** 
- The company generated **$181.4 million** in net cash flow from operations in Q4 Fiscal 2025, improving its net leverage ratio to **3.1x** at quarter-end.  **[107687_be50610af1e5423885922666f7d7cdcd_0]** 
- Winnebago Industries issued Fiscal 2026 financial guidance, anticipating consolidated net revenues in the range of **$2.75 billion to $2.95 billion** and adjusted earnings per diluted share between **$2.00 and $2.70**.  **[107687_be50610af1e5423885922666f7d7cdcd_5]** 
- On August 14, 2025, the Board of Directors approved a **3% increase** in the quarterly cash dividend to **$0.35 per share**, which was paid on September 24, 2025.  **[107687_be50610af1e5423885922666f7d7cdcd_5]**

WINNEBAGO INDUSTRIES (WGO)