Winnebago Industries (NYSE:WGO) Posts Quarterly Earnings Results, Misses Expectations By $0.14 EPS

Winnebago Industries (NYSE:WGO) posted its quarterly earnings data on Thursday. The RV manufacturer reported $0.66 EPS for the quarter, missing analysts’ consensus estimates of $0.80 by ($0.14), FiscalAI reports. Winnebago Industries had a return on equity of 4.99% and a net margin of 1.43%.The business had revenue of $698.70 million during the quarter, compared to the consensus estimate of $755.67 million. During the same quarter in the previous year, the firm posted $0.81 earnings per share. The company’s revenue for the quarter was down 9.9% on a year-over-year basis. Winnebago Industries updated its FY 2026 guidance to 1.650-2.000 EPS.

Here are the key takeaways from Winnebago Industries’ conference call:

• Winnebago posted weaker third-quarter results, with consolidated net revenue down 9.9% year over year to $698.7 million and adjusted EPS down to $0.66 from $0.81. Management said demand softened as the quarter progressed, especially late in March and through the spring selling season.
• Management cut full-year guidance to revenue of $2.65 billion-$2.75 billion and adjusted EPS of $1.65-$2.00, citing affordability pressure, tougher competition, more promotions in towables, and broader macro/geopolitical uncertainty.
• Motorhome RV is improving, with retail share gains over the trailing 3-, 6-, and 12-month periods and segment operating income swinging to $9.6 million from a loss last year. Management credited new products, better execution, and the turnaround at Winnebago Motorhome, Grand Design Motorized, and Newmar.
• Barletta continues to outperform in marine, reaching 9.3% trailing-12-month retail share despite softer overall boat demand. The company highlighted the new Sanza model as a more accessible entry point that broadens the brand without weakening its premium positioning.
• Cost, pricing, and capacity actions remain a major focus, including selective price increases for 2027 model-year products, supply-chain cost savings, and planned footprint/capacity reductions in both RV segments. Management said these steps are aimed at protecting margins, improving cash flow, and aligning production with dealer turns in a weak retail environment.

Winnebago Industries Stock Performance

WGO opened at $31.21 on Friday. The stock has a market cap of $882.39 million, a PE ratio of 21.23 and a beta of 1.12. The company has a current ratio of 2.30, a quick ratio of 0.99 and a debt-to-equity ratio of 0.36. Winnebago Industries has a 1 year low of $26.80 and a 1 year high of $50.16. The stock’s 50 day simple moving average is $30.11 and its 200-day simple moving average is $36.87.

Winnebago Industries Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 24th. Stockholders of record on Wednesday, June 10th were given a dividend of $0.35 per share. The ex-dividend date was Wednesday, June 10th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 4.5%. Winnebago Industries’s payout ratio is currently 95.24%.

Analysts Set New Price Targets

A number of analysts have issued reports on the company. Roth Mkm lowered their target price on Winnebago Industries from $38.00 to $32.00 and set a “neutral” rating on the stock in a report on Tuesday. Weiss Ratings cut Winnebago Industries from a “hold (c)” rating to a “hold (c-)” rating in a research report on Wednesday, May 13th. Citigroup downgraded shares of Winnebago Industries from a “buy” rating to a “neutral” rating and lowered their price objective for the stock from $46.00 to $30.00 in a research note on Wednesday, May 27th. Wall Street Zen lowered shares of Winnebago Industries from a “buy” rating to a “hold” rating in a research report on Sunday, May 24th. Finally, Benchmark cut their target price on shares of Winnebago Industries from $48.00 to $40.00 and set a “buy” rating for the company in a research note on Tuesday. Three analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $38.33.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of WGO. Royal Bank of Canada increased its holdings in Winnebago Industries by 5.5% in the 1st quarter. Royal Bank of Canada now owns 9,568 shares of the RV manufacturer’s stock valued at $329,000 after buying an additional 498 shares during the period. AQR Capital Management LLC lifted its holdings in shares of Winnebago Industries by 283.0% during the 1st quarter. AQR Capital Management LLC now owns 65,104 shares of the RV manufacturer’s stock worth $2,243,000 after acquiring an additional 48,105 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Winnebago Industries by 2.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,485 shares of the RV manufacturer’s stock worth $568,000 after acquiring an additional 401 shares during the period. First Trust Advisors LP boosted its position in shares of Winnebago Industries by 83.9% during the 2nd quarter. First Trust Advisors LP now owns 34,626 shares of the RV manufacturer’s stock valued at $1,004,000 after acquiring an additional 15,801 shares in the last quarter. Finally, Marshall Wace LLP boosted its position in shares of Winnebago Industries by 142.3% during the 2nd quarter. Marshall Wace LLP now owns 233,505 shares of the RV manufacturer’s stock valued at $6,772,000 after acquiring an additional 137,120 shares in the last quarter.

Trending Headlines about Winnebago Industries

Here are the key news stories impacting Winnebago Industries this week:

• Positive Sentiment: Winnebago said motorhome RV sales, profit dollars, and margins improved meaningfully year over year, and towables market share also improved thanks to product refreshes and better execution. Winnebago Industries Reports Third Quarter Fiscal 2026 Results
• Positive Sentiment: The market appears to be rewarding the earnings-call narrative that the motorhome business is rebounding, even though the recovery is uneven. Winnebago Industries Balances Motorhome Rebound With Headwinds
• Neutral Sentiment: The company reported Q3 earnings per share of $0.66, below estimates, and revenue of about $698.7 million, also below expectations. Winnebago Industries earnings report and conference call
• Neutral Sentiment: Winnebago lowered fiscal 2026 guidance, with EPS outlook of $1.65 to $2.00 and revenue guidance of $2.7 billion to $2.8 billion, both below Wall Street forecasts. What’s Going On With Winnebago Industries Stock Thursday?
• Negative Sentiment: Results still showed year-over-year revenue decline and earnings pressure, highlighting that cautious consumer demand remains a headwind for the RV maker. Winnebago Cuts Outlook Amid Declining Sales

About Winnebago Industries

Winnebago Industries, Inc is a leading manufacturer of recreational vehicles (RVs) and specialty vehicles, headquartered in Forest City, Iowa. Since its founding in 1958, the company has gained recognition for its motorhomes, travel trailers and fifth-wheel products under the Winnebago and Grand Design brands. Its portfolio also includes towable RVs, camper vans and commercial vehicles tailored for healthcare, government and mobile retail applications.

In addition to vehicle production, Winnebago Industries maintains an extensive dealer and service network across the United States and Canada, supplemented by parts distribution centers and customer support resources.