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Aug 27, 2022
Winnebago Q4 2022 Earnings Report
Winnebago reported strong Q4 2022 results, with revenue increase and earnings per share growth.
Key Takeaways
Winnebago Industries reported a solid fourth quarter, with revenues increasing by 13.8% to $1.2 billion. Reported earnings per diluted share was $2.61, and adjusted earnings per diluted share was $3.02, a 14% increase over the prior year.
Fourth Quarter Revenues of $1.2 Billion Increased 14% Year-Over-Year
Reported Quarterly Diluted EPS of $2.61 and Adjusted EPS of $3.02, Up 14% Over Prior Year
Record Quarterly Cash of $85.8 Million Returned to Shareholders Through Share Repurchases and Dividends
Record Annual RV Market Share of 12.7%: +20 Basis Points Over Prior Year
Revenue by Segment
Forward Guidance
Winnebago Industries is entering Fiscal 2023 from a position of competitive and financial strength, and will be extremely flexible in balancing strategic investments in profitable growth opportunities and managing our balance sheet with responsibility.
Positive Outlook
- Focused strategic priorities
- Strong premium brands
- More diversified set of revenue streams
- Operational discipline
- People will enable us to win in the marketplace, remain agile, and deliver robust profitability as we continue to chart our course through the next year
Challenges Ahead
- Uncertain market conditions to persist into our Fiscal 2023
- General economic uncertainty in key markets and a worsening of domestic and global economic conditions or low levels of economic growth
- Uncertainty surrounding the COVID-19 pandemic
- Availability of financing for RV and marine dealers
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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