Winnebago Industries (NYSE:WGO) delivered fourth-quarter fiscal 2025 results that came in well ahead of expectations on Wednesday, fueled by favorable product mix and strategic pricing actions. The strong results sent the company’s shares soaring 11.45% in premarket trading.
Adjusted earnings per share reached $0.71, topping the $0.51 analyst consensus by nearly 40%. Quarterly revenue came in at $777.3 million, well above the $725.35 million expected and up 7.8% from the prior year.
The company managed to achieve this growth despite persistent headwinds in the RV sector. Management highlighted targeted price increases and a favorable mix of products as key factors supporting the top line. Operating cash flow was a standout at $181.4 million, helping the company strengthen its balance sheet and lower its net leverage ratio to 3.1x from 4.8x the previous quarter.
“I am proud of our team’s efforts in delivering solid overall results in the fourth quarter, especially given the challenging operating environment,” said Michael Happe, President and CEO of Winnebago Industries. “We drove stronger revenue, improved profitability, gained share in key segments and delivered solid operating cash flow and an improved leverage position.”
By segment, Motorhome RV revenue surged 17.3% year over year to $361.2 million, and Marine sales climbed 17.9% to $94.9 million. Towable RV revenue dipped 3.4% to $306.3 million.
For fiscal 2026, Winnebago projected net revenues in the range of $2.75 billion to $2.95 billion, with adjusted EPS between $2.00 and $2.70. The company also boosted its quarterly dividend by 3% to $0.35 per share, signaling confidence in its financial strength and strategic outlook.