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May 29, 2021
Winnebago Q3 2021 Earnings Report
Reported record quarterly revenues and EPS driven by strong consumer demand and consistent execution.
Key Takeaways
Winnebago Industries reported record third quarter fiscal 2021 results with revenues of $960.7 million, a 138.7% increase compared to the prior year. The company achieved record reported diluted EPS of $2.05 and record adjusted diluted EPS of $2.16. RV market share gains continued, rising to 12.5%.
Achieved record quarterly revenues of $960.7 million, driven by strong end consumer demand.
Gained RV market share, rising to 12.5% on a fiscal year-to-date basis.
Reported record diluted EPS of $2.05 and record adjusted diluted EPS of $2.16.
Experienced record backlogs reflecting sustained levels of strong end consumer demand.
Forward Guidance
Winnebago Industries is pleased with the strength of its business and the appeal of its brands as it enters the final quarter of fiscal 2021. The company remains focused on working with suppliers and dealers to sustain production and replenish inventories. Winnebago is also investing in its business to meet persistent demand and is committed to environmental stewardship and community support.
Positive Outlook
- Strength of business and appeal of leading brands.
- Focused on working with suppliers to sustain strong levels of production.
- Working with dealer network to replenish inventories.
- Continuing to invest in the business to meet elevated demand.
- Commitment to stewardship of the environment and communities.
Challenges Ahead
- Not mentioned
Historical Earnings Impact
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Avg. Return Before/After Earnings
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