By Kelly Cloonan
Winnebago Industries swung to a profit in its fiscal first quarter, driven by higher sales of its motorhome and towable RVs.
The recreational-vehicle maker on Friday posted a profit of $5.5 million, or 19 cents a share, compared with a loss of $5.2 million, or 18 cents a share, a year earlier.
Adjusted earnings per share were 38 cents, ahead of estimates of 13 cents a share according to analysts polled by FactSet.
Revenue rose 12% to $702.7 million, topping analyst estimates of $629.9 million.
By segment, motorhome RV revenue rose 14%, while towable RV revenue climbed 16%. Marine revenue ticked up 2.2%.
Chief Executive Michael Happe said the results were better than expected and driven in part by new products and select pricing actions. The company's product portfolio is increasingly aligned with consumers' spending habits, Happe added.
For fiscal 2026, the company now expects sales of $2.8 billion to $3 billion, compared with $2.75 billion to $2.95 billion previously. It now forecasts adjusted earnings per share of $2.10 to $2.80, compared with prior guidance of $2 to $2.70.
Write to Kelly Cloonan at kelly.cloonan@wsj.com
(END) Dow Jones Newswires
December 19, 2025 07:16 ET (12:16 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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