WGO

Winnebago Industries’ Second Quarter Fiscal 2024 Financial Results Announcement to be made on March 21, 2024

Retrieved on: 
Monday, March 4, 2024

EDEN PRAIRIE, Minn., March 04, 2024 (GLOBE NEWSWIRE) -- Winnebago Industries, Inc. (NYSE: WGO), a leading outdoor lifestyle product manufacturer, plans to issue its earnings release for its second quarter fiscal 2024 before the market opens on Thursday, March 21, 2024.

Key Points: 
  • EDEN PRAIRIE, Minn., March 04, 2024 (GLOBE NEWSWIRE) -- Winnebago Industries, Inc. (NYSE: WGO), a leading outdoor lifestyle product manufacturer, plans to issue its earnings release for its second quarter fiscal 2024 before the market opens on Thursday, March 21, 2024.
  • The Company will also host a conference call to discuss the financial results for the quarter on March 21, at 9 a.m. CT.
    All interested parties are invited to listen live via the Company's website, http://investor.wgo.net .
  • The event will be archived and available for replay for up to one year.
  • To access the replay, click on https://winnebago.gcs-web.com/event-calendar .

Winnebago Industries to Present at the 45th Annual Raymond James Institutional Investors Conference

Retrieved on: 
Tuesday, February 27, 2024

EDEN PRAIRIE, Minn., Feb. 27, 2024 (GLOBE NEWSWIRE) -- Winnebago Industries, Inc. (NYSE: WGO), a leading outdoor lifestyle product manufacturer, today announced that Senior Vice President and Chief Financial Officer, Bryan Hughes and Vice President, Investor Relations and Market Intelligence, Ray Posadas will present at the 45th Annual Raymond James Institutional Investors Conference in Orlando, Florida on Monday, March 4, 2024 at 8:05 a.m.

Key Points: 
  • EDEN PRAIRIE, Minn., Feb. 27, 2024 (GLOBE NEWSWIRE) -- Winnebago Industries, Inc. (NYSE: WGO), a leading outdoor lifestyle product manufacturer, today announced that Senior Vice President and Chief Financial Officer, Bryan Hughes and Vice President, Investor Relations and Market Intelligence, Ray Posadas will present at the 45th Annual Raymond James Institutional Investors Conference in Orlando, Florida on Monday, March 4, 2024 at 8:05 a.m.
  • ET.
  • A live webcast of the presentation will be available on Winnebago Industries’ investor relations website at http://investor.wgo.net .
  • The event will be archived and available for replay for 90 days.

The Electrifying Rise of Electric Boats

Retrieved on: 
Wednesday, February 14, 2024

NEW YORK, Feb. 14, 2024 /PRNewswire/ --  The raucous rumble of combustion engines is fading, systematically replaced by the high-performance hum of electric propulsion that's transforming every aspect of transport. Electric cars have moved mainstream with both automakers and upstarts offering multiple mobility options. Now another market is being disrupted, as sleek electric boats glide across the water leaving nothing but a whisper of ripples in their wake. This surge in electrification isn't just about a clean and green conscience; it's about performance, convenience and a technological transition in mobility that may be as profound as the shift from the horse to the horseless carriage. The producer of the world's most powerful and most technically advanced electric outboard motor on the market today, Vision Marine Technologies Inc. (NASDAQ: VMAR) (Profile), is a recognized global leader, innovator and disruptive force in the electrification of recreational boating. The company is at the vanguard of transition, challenging the status quo of conformity alongside big players such as Brunswick (NYSE: BC) and yacht purveyor MarineMax (NYSE: HZO) by electrifying the waterways much like Winnebago (NYSE: WGO) intends to do and what Telsa (NASDAQ: TSLA) has already accomplished on land.

Key Points: 
  • Now another market is being disrupted, as sleek electric boats glide across the water leaving nothing but a whisper of ripples in their wake.
  • Performance boats with electric hearts offer exhilarating speeds and instant torque, all while leaving the water pristine.
  • Unlike traditional, noisy gas-powered boats, Vision Marine's E-Motion powertrain offers electric boats a smooth, powerful, near-silent ride that boaters love.
  • The electric revolution is surging across transportation, propelling both cars and now boats into a cleaner, quieter future.

The Electrifying Rise of Electric Boats

Retrieved on: 
Wednesday, February 14, 2024

NEW YORK, Feb. 14, 2024 /PRNewswire/ --  The raucous rumble of combustion engines is fading, systematically replaced by the high-performance hum of electric propulsion that's transforming every aspect of transport. Electric cars have moved mainstream with both automakers and upstarts offering multiple mobility options. Now another market is being disrupted, as sleek electric boats glide across the water leaving nothing but a whisper of ripples in their wake. This surge in electrification isn't just about a clean and green conscience; it's about performance, convenience and a technological transition in mobility that may be as profound as the shift from the horse to the horseless carriage. The producer of the world's most powerful and most technically advanced electric outboard motor on the market today, Vision Marine Technologies Inc. (NASDAQ: VMAR) (Profile), is a recognized global leader, innovator and disruptive force in the electrification of recreational boating. The company is at the vanguard of transition, challenging the status quo of conformity alongside big players such as Brunswick (NYSE: BC) and yacht purveyor MarineMax (NYSE: HZO) by electrifying the waterways much like Winnebago (NYSE: WGO) intends to do and what Telsa (NASDAQ: TSLA) has already accomplished on land.

Key Points: 
  • Now another market is being disrupted, as sleek electric boats glide across the water leaving nothing but a whisper of ripples in their wake.
  • Performance boats with electric hearts offer exhilarating speeds and instant torque, all while leaving the water pristine.
  • Unlike traditional, noisy gas-powered boats, Vision Marine's E-Motion powertrain offers electric boats a smooth, powerful, near-silent ride that boaters love.
  • The electric revolution is surging across transportation, propelling both cars and now boats into a cleaner, quieter future.

Newsweek Magazine Names Winnebago Industries as One of America’s Most Responsible Companies for Second Consecutive Year

Retrieved on: 
Wednesday, January 24, 2024

EDEN PRAIRIE, Minn., Jan. 24, 2024 (GLOBE NEWSWIRE) -- Winnebago Industries, Inc. (NYSE: WGO), a leading outdoor lifestyle product manufacturer, has been named by Newsweek as one of America’s Most Responsible Companies 2024 .

Key Points: 
  • EDEN PRAIRIE, Minn., Jan. 24, 2024 (GLOBE NEWSWIRE) -- Winnebago Industries, Inc. (NYSE: WGO), a leading outdoor lifestyle product manufacturer, has been named by Newsweek as one of America’s Most Responsible Companies 2024 .
  • This is the second consecutive year Winnebago Industries has been recognized for its numerous corporate social responsibility efforts and unwavering commitment to environmental, social, and corporate governance progress.
  • “Winnebago Industries is committed to giving back and supporting the communities where we live, work, and play,” said Stacy Bogart, Winnebago Industries’ general counsel and corporate responsibility lead.
  • Newsweek’s final list recognizes the top 600 most responsible companies in the United States, spanning 14 industries.

Winnebago Industries Announces Pricing of $300 Million Offering of Convertible Senior Notes for Refinancing 2025 Maturities

Retrieved on: 
Friday, January 19, 2024

In connection with the offering, the Company has granted the initial purchasers a 13-day option to purchase up to an additional $50 million aggregate principal amount of notes.

Key Points: 
  • In connection with the offering, the Company has granted the initial purchasers a 13-day option to purchase up to an additional $50 million aggregate principal amount of notes.
  • The Company will settle conversions in cash and, if applicable, shares of its common stock, based on the applicable conversion rate(s).
  • These activities may affect the trading price of the Company’s common stock and the initial conversion price of the notes.
  • Any offers of the notes will be made only by means of a private offering memorandum.

Industry-First Center-Mounted Twin-Engine Barletta Pontoon Boat Honored with Innovation Award at Minneapolis Boat Show

Retrieved on: 
Thursday, January 18, 2024

“At Barletta, we’re committed to leveraging consumer insights to deliver game-changing innovation that drives the marine industry forward,” said Jeff Haradine, President of Barletta.

Key Points: 
  • “At Barletta, we’re committed to leveraging consumer insights to deliver game-changing innovation that drives the marine industry forward,” said Jeff Haradine, President of Barletta.
  • “The new twin-engine pontoon will provide boaters with enhanced performance on the water and deliver a safer experience when swimming.
  • Barletta is committed to redefining the pontoon segment with pioneering, family-focused marine products, and the brand’s latest innovation is the next step in this journey.
  • This is the third Innovation Award win in the pontoon category for Barletta since its founding six years ago.

Winnebago Industries Announces Proposed Private Offering of $300 Million of Convertible Senior Notes

Retrieved on: 
Wednesday, January 17, 2024

In connection with the offering, the Company expects to grant the initial purchasers a 13 -day option to purchase up to an additional $45 million aggregate principal amount of notes.

Key Points: 
  • In connection with the offering, the Company expects to grant the initial purchasers a 13 -day option to purchase up to an additional $45 million aggregate principal amount of notes.
  • Final terms of the notes, including the initial conversion price, interest rate and certain other terms of the notes will be determined at the time of pricing.
  • The Company will settle conversions in cash and, if applicable, shares of its common stock, based on the applicable conversion rate(s).
  • Any offers of the notes will be made only by means of a private offering memorandum.

Winnebago Industries’ Premium RV Brands Offer Consumers Full Range of Motorized and Towable RV options at 2024 Florida RV SuperShow

Retrieved on: 
Tuesday, January 16, 2024

EDEN PRAIRIE, Minn., Jan. 16, 2024 (GLOBE NEWSWIRE) -- Winnebago Industries, Inc. (NYSE: WGO), a leading outdoor lifestyle product manufacturer, is showcasing its industry-leading lineup of new models and features from the company’s portfolio of premium RV brands – Winnebago, Grand Design RV, and Newmar – at the Florida RV SuperShow in Tampa, Florida, January 17-21, 2024.

Key Points: 
  • EDEN PRAIRIE, Minn., Jan. 16, 2024 (GLOBE NEWSWIRE) -- Winnebago Industries, Inc. (NYSE: WGO), a leading outdoor lifestyle product manufacturer, is showcasing its industry-leading lineup of new models and features from the company’s portfolio of premium RV brands – Winnebago, Grand Design RV, and Newmar – at the Florida RV SuperShow in Tampa, Florida, January 17-21, 2024.
  • “And while each of our brands is unique in its legacy, they are united in a pursuit of excellence through quality, innovation, and service.
  • Additionally, Reflection 100 Series fifth-wheels will be on display for consumers seeking shorter models without sacrificing full features.
  • Learn more about these products and others featured at the Florida RV SuperShow on the Winnebago , Grand Design RV and Newmar websites.

Winnebago Industries Reports First Quarter Fiscal 2024 Results

Retrieved on: 
Wednesday, December 20, 2023

EDEN PRAIRIE, Minn., Dec. 20, 2023 (GLOBE NEWSWIRE) -- Winnebago Industries, Inc. (NYSE: WGO), a leading outdoor lifestyle product manufacturer, today reported financial results for the Company's Fiscal 2024 first quarter.

Key Points: 
  • Gross profit for the Fiscal 2024 first quarter was $115.8 million, a decrease of 27.8% compared to $160.4 million for the Fiscal 2023 first quarter.
  • Operating income was $39.1 million for the Fiscal 2024 first quarter, a decrease of 54.5% compared to $85.9 million for the first quarter of last year.
  • Fiscal 2024 first quarter net income was $25.8 million, a decrease of 57.1% compared to $60.2 million in the prior year quarter.
  • Consolidated Adjusted EBITDA was $54.1 million for the Fiscal 2024 first quarter, a decrease of 44.2%, compared to $97.0 million last year.