Winnebago Q4 2020 Earnings Report
Key Takeaways
Winnebago Industries reported a strong fourth quarter in fiscal 2020, with revenues up 39.1% year-over-year. The company saw gains in RV market share and gross margin expansion of 90 basis points. Diluted EPS was reported at $1.25, with adjusted EPS up 45.0% over the prior year.
RV Market Share Gains Continue
Quarterly Revenues Up 39.1% Year-Over-Year, Driven by Strong End Consumer Demand
Fourth Quarter Gross Margin Expansion of 90 Basis Points
Reported Quarterly Diluted EPS of $1.25; Adjusted EPS of $1.45 Up 45.0% Over Prior Year
Winnebago
Winnebago
Winnebago Revenue by Segment
Forward Guidance
Winnebago Industries is encouraged by the ongoing outdoor recreation demand trends and is committed to managing the company in a highly disciplined fashion to build on momentum, capture opportunities, and deliver value to customers and communities.
Positive Outlook
- Ongoing outdoor recreation demand trends
- Strong and growing position in the RV market
- Customers view brands as a trusted and safe way to have extraordinary experiences
- Expanded Winnebago Industries' portfolio
- Enhanced quality of product lineup and service levels
Challenges Ahead
- Ongoing uncertainty in the environment