— 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.
— 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.
Most Popular
Costco (COST) reports strong growth in Q1 FY26 earnings; revenue up 8%
Costco Wholesale Corporation (NASDAQ: COST) has reported an increase in net income for the first quarter of fiscal 2026. Revenues grew 8.3% year-over-year. The Issaquah, Washington-headquartered warehouse giant’s total revenues
AVGO Earnings: Broadcom reports higher Q4 FY25 revenue, profit; results beat
Semiconductor company Broadcom, Inc. (NASDAQ: AVGO) on Thursday reported an increase in revenue and adjusted earnings for the fourth quarter of fiscal 2025. The numbers also surpassed analysts' expectations. Adjusted
Lamb Weston (LW) is set to report Q2 2026 earnings next week, here’s what to look for
Shares of Lamb Weston Holdings, Inc. (NYSE: LW) rose over 1% on Thursday. The stock has gained 4% over the past three months. The French fry giant is slated to
