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Dec 20, 12:49 PM
Winnebago Industries Reports Q1 FY2025 Loss with Adjusted EPS of $(0.03), Revenue of $625.60M, Shares Drop 6.6% to $48.50
Company Earnings
Stocks
Business

Winnebago Industries Reports Q1 FY2025 Loss with Adjusted EPS of $(0.03), Revenue of $625.60M, Shares Drop 6.6% to $48.50

Authors
  • Dougie Kass
  • Open Outcrier
  • Markets Today
4

Winnebago Industries, trading under the ticker $WGO, reported disappointing financial results for the first quarter of fiscal year 2025, leading to a decline in its stock price. The company’s shares fell by 6.6% in pre-market trading to $48.50, marking a 52-week low. Winnebago's adjusted earnings per share (EPS) came in at $(0.03), a 102% decrease compared to previous expectations. Revenue also dropped by 20% to $625.60 million, resulting in a net loss of $5.20 million. Analysts expressed concern over the company's guidance, with some predicting further declines in stock value due to subdued demand in the recreational vehicle market. The marine segment, however, reported a 3.60% year-over-year revenue increase, indicating some resilience in that area despite broader challenges.

Written with ChatGPT (GPT-4o mini).

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