Chris Craft

Winnebago Industries Reports Second Quarter Fiscal 2024 Results

Retrieved on: 
Thursday, March 21, 2024

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.

Key Points: 
  • -- 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.

Minnesota Twins Name Winnebago Industries as Club’s ‘Official Outdoor Adventure Partner’

Retrieved on: 
Tuesday, March 12, 2024

As the “Official Outdoor Adventure Partner” of the Twins, Winnebago Industries and its family of premium RV and boat brands will deliver an immersive, outdoor recreation-inspired setting inside Target Field’s Gate 34, including a first-of-its-kind fan seating area evoking the feel of a luxury boat.

Key Points: 
  • As the “Official Outdoor Adventure Partner” of the Twins, Winnebago Industries and its family of premium RV and boat brands will deliver an immersive, outdoor recreation-inspired setting inside Target Field’s Gate 34, including a first-of-its-kind fan seating area evoking the feel of a luxury boat.
  • “We are ecstatic to welcome Winnebago Industries to the Twins family and to collaborate in bringing the true spirit of our ‘Land of 10,000 Lakes’ to life at Target Field.
  • “As a Minnesota-based company, Winnebago Industries is thrilled to be the official outdoor adventure partner of the Twins and we look forward to engaging with the team’s passionate fanbase across Twins Territory,” said Winnebago Industries President & CEO Michael Happe.
  • “The Dock” presented by Winnebago Industries will debut with the Twins’ 2024 Home Opener on Thursday, April 4 vs. the Cleveland Guardians.

Chris-Craft Celebrates 150 Years of Boating Excellence with Release of Special Anniversary Edition Launch 27

Retrieved on: 
Wednesday, February 14, 2024

SARASOTA, Fla., Feb. 14, 2024 (GLOBE NEWSWIRE) -- Chris-Craft , America’s Boatbuilder Since 1874 and a wholly owned subsidiary of Winnebago Industries (NYSE: WGO), is commemorating 150 years of boat-building excellence with the introduction of a special anniversary edition of its iconic Launch 27.

Key Points: 
  • SARASOTA, Fla., Feb. 14, 2024 (GLOBE NEWSWIRE) -- Chris-Craft , America’s Boatbuilder Since 1874 and a wholly owned subsidiary of Winnebago Industries (NYSE: WGO), is commemorating 150 years of boat-building excellence with the introduction of a special anniversary edition of its iconic Launch 27.
  • “Very few companies have the privilege of prospering long enough to celebrate a 150th anniversary,” said Stephen Heese, president, Chris-Craft.
  • Distinguished by a signature aquamarine trim that harkens back to one of the signature colors incorporated into Chris-Craft boats over generations, the special edition Launch 27 pays homage to the brand’s legacy of pleasure boating.
  • Additionally, the anniversary edition Launch 27 features all the hallmarks that inform Chris-Craft’s legendary approach to boatbuilding, including a signature deep-V hull, reverse transoms, classic lines, hand-selected teak and an uncompromising attention to detail.

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.

Winnebago Industries 2023 Corporate Responsibility Report Showcases the Company’s Progress and Positive Impact on its Environmental, Social and Governance (ESG) Initiatives

Retrieved on: 
Thursday, December 14, 2023

EDEN PRAIRIE, Minn., Dec. 14, 2023 (GLOBE NEWSWIRE) -- Winnebago Industries, Inc. (NYSE: WGO), a leading outdoor lifestyle product manufacturer, has published its 2023 Corporate Responsibility Report highlighting the company’s progress efforts to build a sustainable and equitable future.

Key Points: 
  • EDEN PRAIRIE, Minn., Dec. 14, 2023 (GLOBE NEWSWIRE) -- Winnebago Industries, Inc. (NYSE: WGO), a leading outdoor lifestyle product manufacturer, has published its 2023 Corporate Responsibility Report highlighting the company’s progress efforts to build a sustainable and equitable future.
  • Highlights of Winnebago Industries’ progress include:
    Submitting the company's first CDP Climate Change Questionnaire, representing another large step toward enhancing their climate-related disclosures.
  • Provided more than $3 million in financial, product and volunteer contributions to the communities Winnebago Industries serves in FY 2023.
  • “While these priorities continue to be relevant to our business, we also recognize that as our footprint expands, so does our responsibility.

Winnebago Industries Showcases Marine Innovation from Barletta, Chris-Craft at the Fort Lauderdale Boat Show

Retrieved on: 
Monday, October 30, 2023

EDEN PRAIRIE, Minn., Oct. 30, 2023 (GLOBE NEWSWIRE) -- Winnebago Industries, Inc. (NYSE: WGO), a leading outdoor lifestyle product manufacturer, recently presented new innovation from its marine brands, Barletta Pontoon Boats and Chris-Craft at the Fort Lauderdale International Boat Show in Fort Lauderdale, FL,.

Key Points: 
  • EDEN PRAIRIE, Minn., Oct. 30, 2023 (GLOBE NEWSWIRE) -- Winnebago Industries, Inc. (NYSE: WGO), a leading outdoor lifestyle product manufacturer, recently presented new innovation from its marine brands, Barletta Pontoon Boats and Chris-Craft at the Fort Lauderdale International Boat Show in Fort Lauderdale, FL,.
  • Barletta, the fastest-growing pontoon boat maker in the segment, debuted the industry’s first and only center-mounted twin-engine pontoon boat.
  • “At Winnebago Industries, our brands are unique in their legacy, but united in their commitment to customer-centered innovation,” said Amber Holm, Winnebago Industries’ Chief Marketing Officer.
  • At the Fort Lauderdale show, Barletta debuted a new, patent-pending twin engine series for the 2024 model year.

The Lodge at Schroon Lake Opens Its Doors as a New Idyllic Lakeside Resort in the Adirondacks

Retrieved on: 
Monday, June 26, 2023

SCHROON LAKE, N.Y., June 26, 2023 /PRNewswire/ -- The Lodge at Schroon Lake is thrilled to announce its grand opening as an expansive lakeside resort, offering an exceptional experience filled with outdoor play, family activities, delectable cuisine, and a variety of exciting accommodations. Located 30-minutes from Lake George, NY, this breathtaking 36-acre resort has undergone an extraordinary $21-million renovation to create a haven of Adirondack glamor and relaxation.

Key Points: 
  • The Lodge at Schroon Lake boasts a generous selection of 116 accommodation options, including 32 pet-friendly choices.
  • "The opening of The Lodge at Schroon Lake marks a significant milestone in providing a classic Adirondacks escape," said General Manager Allison Barnette.
  • We are excited to welcome guests to our lakeside retreat to experience the timeless beauty of Schroon Lake."
  • Framed by breathtaking views of the Adirondacks and Schroon Lake, The Lodge at Schroon Lake is the ideal setting for corporate retreats, weddings, and private events.

Winnebago Industries’ Michael Happe Named an EY Entrepreneur of The Year® 2023 Heartland Award Winner

Retrieved on: 
Friday, June 9, 2023

EDEN PRAIRIE, Minn., June 09, 2023 (GLOBE NEWSWIRE) -- Winnebago Industries, Inc. (NYSE: WGO), a leading outdoor lifestyle product manufacturer, is pleased to announce that President and CEO, Michael Happe, has been named a winner of the Ernst & Young Entrepreneur of The Year® Heartland Award.

Key Points: 
  • EDEN PRAIRIE, Minn., June 09, 2023 (GLOBE NEWSWIRE) -- Winnebago Industries, Inc. (NYSE: WGO), a leading outdoor lifestyle product manufacturer, is pleased to announce that President and CEO, Michael Happe, has been named a winner of the Ernst & Young Entrepreneur of The Year® Heartland Award.
  • The acquisitions of Grand Design, Chris-Craft, Newmar, and Barletta, as well as major growth of flagship brand, Winnebago, has created a leading company in the outdoor recreation industry.
  • “I’m humbled and honored to be recognized among such a strong group of business leaders from across the region,” said Michael Happe, president and CEO of Winnebago Industries.
  • “Every year, we are completely blown away by the accomplishments of our Entrepreneur Of The Year Regional Award winners, and 2023 is no different,” said AJ Jordan, EY Americas Entrepreneur Of The Year Program Director.

Winnebago Brand and EcoFlow Partner to Elevate Outdoor RV Experiences and Off-Grid Living

Retrieved on: 
Thursday, May 11, 2023

A pioneer in RVs, Winnebago continues to innovate by integrating a range of technologies to enable best-in-class customer experiences.

Key Points: 
  • A pioneer in RVs, Winnebago continues to innovate by integrating a range of technologies to enable best-in-class customer experiences.
  • With EcoFlow’s suite of easy-to-use, dependable products, this partnership will open new and exciting opportunities to integrate EcoFlow technology into future Winnebago vehicles.
  • “At EcoFlow, we believe that sustainable, off-grid living should be accessible and easy for everyone,” said Brian Essenmacher, North American Head of Business Development at EcoFlow.
  • Further, the EcoFlow partnership is another step forward in Winnebago Industries’ ongoing efforts to advance the outdoor experience via industry-leading innovation in connectivity and electrification.