Winnebago Industries reported a 12.3% increase in quarterly net revenues compared to the same period last year.
The company's gross profit margin improved to 12.7% from 12.3% in the previous year's first quarter.
Adjusted EBITDA surged by 109.7% year-over-year, reaching $30.2 million.
Revenue Growth
Net revenues rose to $702.7 million, driven by higher unit volume and selective price increases.
Margin Expansion
Gross profit margin increased to 12.7%, supported by production discipline and cost management.
Earnings Improvement
Adjusted earnings per diluted share reached $0.38 compared to a loss per diluted share of $0.03 in the previous year.
- The company's performance was fueled by growth in the Motorhome and Towable RV segments.
- New products, pricing actions, and strong cost management contributed to the top-line growth and margin expansion.
- The balance sheet was strengthened with a net cash flow from operations of $25.4 million and improved net leverage ratio.
Winnebago Industries showcased robust performance in the first quarter of Fiscal 2026, surpassing expectations and demonstrating progress across key operational areas. The company's strategic focus on innovation and financial discipline has yielded positive results, setting a strong foundation for future growth and success.