Winnebago beats Q2 revenue estimates, raises 2026 profit guidance

Winnebago Industries

25/03/2026 11:09

Overview

U.S. RV maker's fiscal Q2 revenue rose 6%, beating analyst expectations

Adjusted EPS for fiscal Q2 increased 42% and beat analyst estimates

Company redeemed $100 mln of debt and maintained fiscal 2026 guidance

Outlook

Winnebago Industries maintains fiscal 2026 revenue guidance of $2.8 bln to $3.0 bln

Company raises fiscal 2026 reported EPS guidance to $1.50-$2.20 from $1.40-$2.10

Winnebago Industries expects fiscal 2026 adjusted EPS of $2.10-$2.80

Result Drivers

PRICE AND PRODUCT MIX - Q2 revenue growth was primarily driven by selective price adjustments and product mix, partially offset by lower unit volume

MOTORHOME RV GROWTH - Segment revenue rose due to higher unit volume driven by new products, partially offset by product mix

COST REDUCTION INITIATIVES - SG&A expenses decreased 1.9% due to cost reduction efforts

Company press release: ID:nGNX5pqMjG

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$657.40 mln
$627.13 mln (13 Analysts)
Q2 Adjusted EPS
Beat
$0.27
$0.24 (13 Analysts)
Q2 EPS
$0.17
Q2 Net Income
$4.80 mln
Q2 Adjusted EBITDA
$24.40 mln
Q2 Gross Margin
13.00%


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", 8 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the recreational products peer group is "buy"

Wall Street's median 12-month price target for Winnebago Industries Inc is $48.00, about 36.8% above its March 24 closing price of $35.08

The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 14 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)