Winnebago (WGO) delivered earnings and revenue surprises of -13.08% and 1.75%, respectively, for the quarter ended May 2024. Do the numbers hold clues to what lies ahead for the stock?
RV Manufacturer Winnebago (NYSE:WGO) fell short of analysts' expectations in Q2 CY2024, with revenue down 12.7% year on year to $786 million. It made a non-GAAP profit of $1.13 per share, down from its profit of $2.13 per share in the same quarter last year.
-- Resilient Profitability, Supported by Solid Sequential Improvement in Towable RV and Marine Segments ---- Barletta Accelerates its Share Momentum in the U.S. Aluminum Pontoon Market Achieving Double Digit Market Share in the Most Recent Three- and Six-Month Periods(1) -- -- Company Returns $87.8 Million to Shareholders Through Share Repurchases and Dividends Through the First Nine Months of Fiscal 2024 -- EDEN PRAIRIE, Minn., June 20, 2024 (GLOBE NEWSWIRE) -- Winnebago Industries, Inc. (NYSE: