Winnebago Industries Announces Strong First Quarter Fiscal 2021 Results Organic RV Market Share Gains Continue, Rising 110 Basis Points on a Trailing Twelve Month Basis Quarterly Revenues Up 34.8% Year-Over-Year, Bolstered by Strong End Consumer Demand – First Quarter Gross Margin Expansion of 390 Basis Points – Reported Diluted EPS of $1.70; Adjusted EPS of $1.69 Up 131.5% Over Prior Year Record Order Backlogs and Retail Sales Momentum Validate Continued Interest in the Outdoors
FOREST CITY, Iowa, Dec. 18, 2020 (GLOBE NEWSWIRE) Winnebago Industries, Inc. (NYSE: WGO), a leading outdoor lifestyle product manufacturer, today reported financial results for the Company’s Fiscal 2021 first quarter.
First Quarter Fiscal 2021 Results
Revenues for the Fiscal 2021 first quarter ended November 28, 2020, were $793.1 million, an increase of 34.8% compared to $588.5 million for the Fiscal 2020 period, which included three weeks of Newmar performance. Fiscal 2021