Categories Earnings, LATEST

Winnebago Industries (NYSE: WGO): Q1 2020 Earnings Snapshot

— Winnebago Industries Inc. (NYSE: WGO) reported its first-quarter 2020 earnings of $0.44 per share and adjusted earnings of $0.73 per share. This is compared to the analysts’ expectations of $0.57 per share.

— Revenues jumped by 19% to $588.5 million versus $538.89 million expected.

Earnings Update by AlphaStreet

— Excluding the recently acquired Newmar business, revenue increased by 12% on an organic basis to $552.8 million driven by strong growth in the Towable segment and modest growth in the Motorhome business.

— Revenues for the Towable segment grew 17% to $341.3 million, riding on strong unit growth in the Grand Design RV product line.

— Revenues from the Motorhome segment jumped by 25% to $225.9 million, primarily driven by strength in the Class B line-up and the addition of Newmar revenues. Excluding Newmar, segment revenues grew 5% over the prior-year period.

— On December 18, the company’s board of directors approved a quarterly cash dividend of $0.11 per share, payable on January 29, 2020, to common stockholders of record on January 15, 2020.

Browse through our earnings calendar and get all scheduled earnings announcements, analyst/investor conference and much more!

Most Popular

FDX Earnings: All you need to know about FedEx’s Q1 2022 earnings results

FedEx Corporation (NYSE: FDX) reported first-quarter 2022 earnings results today. Total revenues increased to $22 billion from $19.3 billion in the same period a year ago. The company reported a

Adobe reports 22% spike in Q3 revenue: Infographic

Adobe Inc (NASDAQ: ADBE) reported third-quarter 2021 financial results after the regular market hours on Tuesday. The software giant reported Q3 revenue of $3.94 billion, up 22% year-over-year and higher

Starbucks (SBUX) Stock: Should you invest in the coffee giant now?

The restaurant and food service industry is struggling to regain momentum after being hit hard by the pandemic. Restauranteurs are currently busy adapting to the changed operating conditions, shifting focus

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top