Motorhome

Winnebago Industries Reports First Quarter Fiscal 2024 Results

Retrieved on: 
Wednesday, December 20, 2023
Recreation, Motorhome, EDEN, Central Time, Fiscal, Winnebago Industries, Innovation Center station, WGO, Digital asset, Calendar, Adjustment, Deleveraging, Growth, Pressure, Environment, Retail

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.

Winnebago Industries Reports Fourth Quarter and Full Year Fiscal 2023 Results

Retrieved on: 
Wednesday, October 18, 2023
EDEN, NYSE, Fiscal, Recreation, Pressure, EBITDA, Winnebago Industries, Acquisition, Access, Winnebago, Growth, The Grand Design, Central Time, WGO, Motorhome, Clothing, Retail, Security (finance), RV

EDEN PRAIRIE, Minn., Oct. 18, 2023 (GLOBE NEWSWIRE) -- Winnebago Industries, Inc. (NYSE: WGO), a leading outdoor lifestyle product manufacturer, today reported financial results for the Company's fourth quarter and full year Fiscal 2023.

Key Points: 
  • -- Demonstrated Balance Sheet Strength by Returning $83.2 Million to Shareholders in Fiscal 2023 Through Share Repurchases and Dividends, including Over $38 Million in Q4 --
    EDEN PRAIRIE, Minn., Oct. 18, 2023 (GLOBE NEWSWIRE) -- Winnebago Industries, Inc. (NYSE: WGO), a leading outdoor lifestyle product manufacturer, today reported financial results for the Company's fourth quarter and full year Fiscal 2023.
  • Operating income was $57.5 million for the quarter, a decrease of 53.4% compared to $123.6 million for the fourth quarter of last year.
  • Fiscal 2023 fourth quarter net income was $43.8 million, a decrease of 47.0% compared to $82.6 million in the prior year quarter.
  • The Company generated strong free cash flow of $211.3 million in Fiscal 2023, including $122.9 million in the fourth quarter of Fiscal 2023.

Winnebago Industries Reports Third Quarter Fiscal 2023 Results

Retrieved on: 
Wednesday, June 21, 2023
Pressure, SG, WGO, ERP, Central Time, Deleveraging, Winnebago Industries, Barletta, EBITDA, Acquisition, Recreational vehicle, Motorhome, Growth, EDEN, NYSE, Fiscal, Retail, RV

EDEN PRAIRIE, Minn., June 21, 2023 (GLOBE NEWSWIRE) -- Winnebago Industries, Inc. (NYSE: WGO), a leading outdoor lifestyle product manufacturer, today reported financial results for the Company's Fiscal 2023 third quarter.

Key Points: 
  • -- Completed Acquisition of Lithionics Battery, Accelerating Innovation Capabilities in Diverse Battery Solutions --
    EDEN PRAIRIE, Minn., June 21, 2023 (GLOBE NEWSWIRE) -- Winnebago Industries, Inc. (NYSE: WGO), a leading outdoor lifestyle product manufacturer, today reported financial results for the Company's Fiscal 2023 third quarter.
  • Operating income was $80.5 million for the quarter, a decrease of 54.5% compared to $176.7 million for the third quarter of last year.
  • Fiscal 2023 third quarter net income was $59.1 million, a decrease of 49.6% compared to $117.2 million in the prior year quarter.
  • Winnebago Industries, Inc. will discuss Fiscal 2023 third quarter earnings results during a conference call scheduled for 9:00 a.m. Central Time today.

EQS-News: MBH Corporation announces significant issue of equity following bond and loan notes conversion.

Retrieved on: 
Tuesday, June 20, 2023
Paul, Financial Conduct Authority, MBH, Overalls, Harris-Banks House, Transparency, Acquisition, Motorhome, Security (finance), Treasury

The New Shares rank pari passu with existing shares in issue.

Key Points: 
  • The New Shares rank pari passu with existing shares in issue.
  • The conversion of the MBH listed bonds and loan notes to ordinary shares is by Paul Seabridge, CEO, Robinsons Caravans – an MBH Corporation company.
  • This issue of equity is also a statement of Paul’s long-term commitment to MBH”.
  • Following this issue, the Company's issued share capital consists of 122,709,146 Ordinary Shares, each share carrying the right to one vote.

Baloise crash test reveals dangers of unsafe loads in motorhomes

Retrieved on: 
Thursday, May 11, 2023
Somnolence, DTC, Crash, Motorhome, Bâloise, Accident, Risk, Overloading, Injury, Road

Working with Dynamic Test Center AG, the police service of the Canton of Basel-City and the MyCamper motorhome hire platform, Baloise conducted crash tests that reveal the potential dangers of motorhomes.

Key Points: 
  • Working with Dynamic Test Center AG, the police service of the Canton of Basel-City and the MyCamper motorhome hire platform, Baloise conducted crash tests that reveal the potential dangers of motorhomes.
  • Baloise pushed motorhomes to their limits in its crash tests in order to highlight how unsafe loads can directly affect the forces exerted.
  • A thorough handover can minimise the risk of damage and avoid accidents.”
    The next crash test examined how a motorhome behaves in an accident.
  • Daniel Junker of Baloise summarised the crash test as follows: “This year’s Baloise crash test clearly demonstrates how careless loading can lead to disastrous road accidents.

Winnebago Industries Reports Second Quarter Fiscal 2023 Results

Retrieved on: 
Wednesday, March 22, 2023
WGO, Central Time, Deleveraging, Winnebago Industries, EBITDA, Motorhome, Recreational vehicle, EDEN, Adjustment, Environment, NYSE, Fiscal, Retail, Real estate, Growth

EDEN PRAIRIE, Minn., March 22, 2023 (GLOBE NEWSWIRE) -- Winnebago Industries, Inc. (NYSE: WGO), a leading outdoor lifestyle product manufacturer, today reported financial results for the Company's Fiscal 2023 second quarter.

Key Points: 
  • -- Continued Growth in Marine, with Revenues Up 16% --
    EDEN PRAIRIE, Minn., March 22, 2023 (GLOBE NEWSWIRE) -- Winnebago Industries, Inc. (NYSE: WGO), a leading outdoor lifestyle product manufacturer, today reported financial results for the Company's Fiscal 2023 second quarter.
  • Fiscal 2023 second quarter net income was $52.8 million, a decrease of 42.1% compared to $91.2 million in the prior year quarter.
  • President and Chief Executive Officer Michael Happe commented, “Winnebago Industries’ second quarter results continue to demonstrate the resilience of our diversified portfolio of premium brands.
  • Winnebago Industries remains well positioned to further strengthen our enterprise capabilities, capitalize on growth opportunities through the cycle and achieve our long-term value creation goals.”
    Winnebago Industries, Inc. will discuss Fiscal 2023 second quarter earnings results during a conference call scheduled for 9:00 a.m. Central Time today.

RV Rental Global Market Report 2022: Development of Camping and Glamping Industry Boosts Growth - ResearchAndMarkets.com

Retrieved on: 
Tuesday, January 17, 2023
Retail, Automotive, Sports, Recreational Vehicles, Outdoors, Specialty, Online, Gen, Holiday, Insurance, Travel, COVID-19, Generation Z, Camping, Internet, Recreational vehicle, Handwriting movement analysis, Motorhome, Growth, PayPal, Chapter Three, Blog, USD, Self storage, Car rental, RV

The global RV rental market size is expected to reach USD 1.55 billion by 2030, expanding at a CAGR of 7.4% over the forecast period.

Key Points: 
  • The global RV rental market size is expected to reach USD 1.55 billion by 2030, expanding at a CAGR of 7.4% over the forecast period.
  • The growth of the global recreational vehicle (RV) rental market is primarily driven by rising consumer interest in camping using RV vehicles, the development of the global camping and glamping industry, and increased participation in outdoor recreational activities.
  • Key RV rental companies operating in the global market are taking major initiatives to attract travelers and offer peer-to-peer rental services.
  • For instance, in April 2021, Camping World Holdings, Inc. announced the launch of a Peer-to-Peer RV Rental marketplace, named Camping World RV Rentals.

Tiffin Group and Rollick Partner on Next-Level Customer Experience and Online Inventory Shopping Program

Retrieved on: 
Tuesday, November 29, 2022
Leigh Tiffin, Multimedia, Insurance, Veteran, OEM, Automation, Research, Fifth-wheel coupling, Motorhome, Investment, Customer satisfaction, Acquisition, Food delivery, Online shopping, Queensville (Rollick Airpark) Aerodrome, RV

AUSTIN, Texas, Nov. 29, 2022 /PRNewswire/ --Rollick, the leading customer engagement technology provider for the RV, Marine and Powersports industries, and the Tiffin Group, a family-operated Motorhome and Fifth Wheel manufacturer, have partnered on an enterprise-wide marketing, sales, and inventory management solution to enhance the customer shopping experience.

Key Points: 
  • AUSTIN, Texas, Nov. 29, 2022 /PRNewswire/ --Rollick, the leading customer engagement technology provider for the RV, Marine and Powersports industries, and the Tiffin Group, a family-operated Motorhome and Fifth Wheel manufacturer, have partnered on an enterprise-wide marketing, sales, and inventory management solution to enhance the customer shopping experience.
  • The program allows Tiffin and Vanleigh customers to shop nationwide dealer inventory with an eCommerce-like experience directly on tiffinmotorhomes.com and vanleighrv.com .
  • "These programs are designed to create a connected experience for our dealer partners and end customers," said Leigh Tiffin, President of the Tiffin Group.
  • "Rollick's inventory and lead management program brings the shopping experience directly to customers where their research journey typically begins on the OEM website."

RV Retailer to Acquire Manteca Trailer and Motorhomes in California

Retrieved on: 
Monday, May 23, 2022
Senior, Corporate development, RVR, View, Industry, Recreational vehicle, Northgate, Acquisition, LLC, Lists of animated television series, CEO, Self storage, Online shopping, Alliance, Keystone, RV, Motorhome, To Wong Foo, Thanks for Everything! Julie Newmar, Dutch people

FORT LAUDERDALE, Fla., May 23, 2022 /PRNewswire/ -- RV Retailer, LLC ("RVR") today announced the acquisition of Manteca Trailer and Motorhomes in Manteca, California.  The acquisition is expected to close in June.

Key Points: 
  • FORT LAUDERDALE, Fla., May 23, 2022 /PRNewswire/ --RV Retailer, LLC ("RVR") today announced the acquisition of Manteca Trailer and Motorhomes in Manteca, California.
  • "We welcome all of the associates from Manteca Trailer and Motorhomes into RV Retailer and thank David Tenney for entrusting us to take the business forward.
  • Manteca Trailer and Motorhomes has been serving the Northern California community since 1970.
  • Manteca Trailer and Motorhome is located in California on the east side of Manteca on East Yosemite Avenue/East Highway 120.

Thor Motor Coach Teams Up with Actor/Producer Jaime Camil

Retrieved on: 
Thursday, July 15, 2021
Camping, Outdoor recreation, Recreational vehicles, Motorhome, Deities, Recreational vehicle, Thor, Elkhart, Indiana

ELKHART, Ind., July 15, 2021 /PRNewswire/ --Jaime Camil, one of the most influential Latin American figures globally, teams up with Thor Motor Coach for a new motorhome.

Key Points: 
  • ELKHART, Ind., July 15, 2021 /PRNewswire/ --Jaime Camil, one of the most influential Latin American figures globally, teams up with Thor Motor Coach for a new motorhome.
  • Though Camil has played numerous parts, he now steps into his latest role as the owner of a Vegas Class A motorhome, provided by Thor Motor Coach.
  • As one of the smallest Class A motorhomes available from Thor Motor Coach, Vegas is ideal for a first-time RV owner like Camil.
  • Thor Motor Coach and all related model names, slogans, logos, trade dress, and trademarks are owned or used under license by Thor Motor Coach, Inc. All other trademarks are owned by their respective owners.