Winnebago Industries, Inc. has announced its preliminary financial results for the third quarter of fiscal 2025, ending May 31, 2025. The company anticipates net revenues of approximately $775 million. It expects reported earnings per diluted share to be in the range of $0.55 to $0.65, with adjusted diluted earnings per share projected between $0.75 and $0.85. The company has noted significant market pressures, particularly within its Winnebago Motorhomes business unit, leading to a forecasted decline in net revenue for the last two quarters of fiscal 2025, compared to previous expectations. In response, Winnebago has implemented strategic actions to address these challenges, including reducing field inventory, aligning production with market demand, and adjusting headcount to improve profitability in the upcoming fiscal year 2026. Michael Happe, President and CEO, highlighted the impact of macroeconomic uncertainty and cautious consumer sentiment on sales, particularly during the final months of the fiscal third quarter. Despite these challenges, the company is focusing on transforming its business operations to better navigate the current market environment and position itself for long-term success. Winnebago plans to update its full-year fiscal 2025 outlook during its financial results conference call scheduled for June 25, 2025.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.