Winnebago Industries Reports Second Quarter Fiscal 2024 Results
EDEN PRAIRIE, Minn., March 21, 2024 (GLOBE NEWSWIRE) -- Winnebago Industries, Inc. (NYSE: WGO), a leading outdoor lifestyle product manufacturer, today reported financial results for the fiscal 2024 second quarter ended February 24, 2024.
- -- Barletta Captures 7.9% Share of U.S. Aluminum Pontoon Market(1), up 80 Basis Points YoY --
EDEN PRAIRIE, Minn., March 21, 2024 (GLOBE NEWSWIRE) -- Winnebago Industries, Inc. (NYSE: WGO), a leading outdoor lifestyle product manufacturer, today reported financial results for the fiscal 2024 second quarter ended February 24, 2024. - “As anticipated, wholesale shipments were constrained in the quarter, as dealers continued to closely manage inventory levels amid a higher interest rate environment and seasonal demand trends.
- Operating income was $35.4 million, a decrease of 53.8% compared to $76.8 million for the second quarter of last year.
- Results for the second quarter of fiscal 2024 included a charge of $32.7 million, or $1.12 per share, attributable to the loss on repurchase of a significant portion of our 2025 convertible senior notes.