Winnebago Industries Announces Strong Fourth Quarter and Full Year Fiscal 2020 Results

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Winnebago Industries (WGO) Tops Q4 EPS by 55c, Revenues Beat

October 21, 2020 7:02 AM EDT

Winnebago Industries (NYSE: WGO) reported Q4 EPS of $1.45, $0.55 better than the analyst estimate of $0.90. Revenue for the quarter came in at $737.8 million versus the consensus estimate of $722.89 million.

RV Market Share Gains ContinueQuarterly Revenues Up 39.1% Year-Over-Year, Driven by Strong End Consumer DemandFourth Quarter Gross Margin Expansion of 90 Basis PointsReported Quarterly Diluted EPS of $1.25; Adjusted EPS of $1.45 Up 45.0% Over Prior YearCash Flow From Operations of $270.4 million for the Fiscal Year Up 102.2% Over Prior Year

President and Chief Executive Officer Michael Happe commented, In the face of... More