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Winnebago Industries Inc (WGO.N)

WGO.N on New York Stock Exchange

56.54USD
7 Aug 2020
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Latest Key Developments (Source: Significant Developments)

Winnebago Announces Pricing Of $300 Mln Of Senior Secured Notes
Wednesday, 1 Jul 2020 

June 30 (Reuters) - Winnebago Industries Inc ::WINNEBAGO INDUSTRIES ANNOUNCES PRICING OF $300.0 MILLION AGGREGATE PRINCIPAL AMOUNT OF SENIOR SECURED NOTES.WINNEBAGO INDUSTRIES INC - HAS PRICED $300.0 MILLION OF 6.250% SENIOR SECURED NOTES DUE 2028.  Full Article

Winnebago Industries Announces Proposed Offering Of $300 Mln Aggregate Principal Amount Of Senior Secured Notes
Tuesday, 30 Jun 2020 

June 30 (Reuters) - Winnebago Industries Inc ::WINNEBAGO INDUSTRIES ANNOUNCES PROPOSED OFFERING OF $300.0 MILLION AGGREGATE PRINCIPAL AMOUNT OF SENIOR SECURED NOTES.WINNEBAGO INDUSTRIES INC - INTENDS TO OFFER $300.0 MILLION IN OF SENIOR SECURED NOTES DUE 2028.WINNEBAGO INDUSTRIES - TO USE ABOUT $253.5 MILLION OF PROCEEDS OF OFFERING TO REPAY IN FULL, CO'S OBLIGATIONS UNDER TERM LOAN FACILITY.  Full Article

Winnebago Industries Exec Says Recent Indicators Signal A Very Strong Recovery For Outdoor Recreation Product Demand Is In Process This Summer - Conf Call
Wednesday, 24 Jun 2020 

June 24 (Reuters) - Winnebago Industries Inc ::WINNEBAGO INDUSTRIES EXEC SAYS IS CONFIDENT THAT CO HAS SUFFICIENT CASH AND LIQUIDITY TO NAVIGATE THE COVID-19 CRISIS - CONF CALL.WINNEBAGO INDUSTRIES EXEC SAYS IF YOU BREAK DOWN RV INDUSTRY PERFORMANCE, IN MARCH, CO SAW A 20.2% DECLINE IN RETAIL SALES COMPARED TO PRIOR YEAR.WINNEBAGO INDUSTRIES EXEC SAYS IN APRIL THE INDUSTRY EXPERIENCED A 53% RETAIL DECLINE OVER THE PRIOR YEAR PERIOD.WINNEBAGO INDUSTRIES EXEC - "WE HAVE SEEN AN INCREDIBLE REBOUND IN RETAIL DEMAND AND DEALER DEMAND SINCE EARLY MAY ACROSS ALL OUR BUSINESSES".WINNEBAGO INDUSTRIES EXEC SAYS BELIEVES CURRENT MOMENTUM IN MARKETPLACE IS SEASONALLY SUSTAINABLE FOR REMAINDER OF FISCAL YEAR AND POTENTIALLY THROUGH REST OF CALENDAR YEAR.WINNEBAGO INDUSTRIES EXEC SAYS DEMAND FOR CO'S TOWABLES LINEUP REMAINS STRONG.WINNEBAGO INDUSTRIES EXEC - "ALL RECENT AND CURRENT INDICATORS SIGNAL A VERY STRONG RECOVERY FOR OUTDOOR RECREATION PRODUCT DEMAND IS IN PROCESS THIS SUMMER".WINNEBAGO INDUSTRIES EXEC SAYS FROM CAMPING IN RVS TO FISHING AND BOATS, CONSUMER INTEREST IN THE OUTDOORS & INVESTMENTS IN THESE DISCRETIONARY DURABLE GOODS PRODUCTS HAVE BEEN ROBUST.WINNEBAGO INDUSTRIES EXEC SAYS EXPECTS POSSIBLE CONTINUED HEALTHY MARKET CONDITIONS FOR CO'S PRODUCTS IN 2021.WINNEBAGO INDUSTRIES EXEC SAYS SURVEYS IN LAST 30-45 DAYS HAVE SHOWN CAMPING, FISHING, RVING, BOATING ARE BEING PREFERRED THIS YEAR AND MAYBE NEXT YEAR BY FAMILES, INDIVIDUALS IN THEIR DISCRETIONARY TIME.  Full Article

Winnebago Reports Q3 Loss Per Share $0.37
Wednesday, 24 Jun 2020 

June 24 (Reuters) - Winnebago Industries Inc ::WINNEBAGO INDUSTRIES ANNOUNCES THIRD QUARTER FISCAL 2020 RESULTS.Q3 ADJUSTED LOSS PER SHARE $0.26 EXCLUDING ITEMS.Q3 LOSS PER SHARE $0.37.Q3 REVENUE $402.5 MILLION VERSUS REFINITIV IBES ESTIMATE OF $343.4 MILLION.Q3 EARNINGS PER SHARE ESTIMATE $-0.45 -- REFINITIV IBES DATA.THIRD FISCAL QUARTER WAS A UNIQUELY CHALLENGING TIME FOR WINNEBAGO INDUSTRIES.REMAINS FOCUSED ON MAXIMIZING TARGETED SYNERGIES AND EXPANDING NEWMAR'S MARKET SHARE IN HIGH-END MOTORHOME SEGMENT.  Full Article

Winnebago Industries Shares Business Updates Related To COVID-19
Wednesday, 8 Apr 2020 

April 8 (Reuters) - Winnebago Industries Inc ::WINNEBAGO INDUSTRIES SHARES ADDITIONAL BUSINESS UPDATES RELATED TO COVID-19.WINNEBAGO INDUSTRIES INC - HAS IMPLEMENTED SIGNIFICANT COST CONTAINMENT MEASURES INCLUDING FURLOUGHS AND LAYOFFS.WINNEBAGO INDUSTRIES - IMPACTED PRODUCTION EMPLOYEES IN BUSINESS UNITS WITH RETURN DATES AFTER APRIL 13 WILL NOT BE EXTENDED WAGE PAYMENTS DURING TIME OFF.  Full Article

Winnebago Industries Shares Additional Business Updates Related To Covid-19
Friday, 3 Apr 2020 

April 3 (Reuters) - Winnebago Industries Inc ::WINNEBAGO INDUSTRIES SHARES ADDITIONAL BUSINESS UPDATES RELATED TO COVID-19.WINNEBAGO INDUSTRIES INC - WINNEBAGO INDUSTRIES BOARD OF DIRECTORS WILL REDUCE THEIR CASH COMPENSATION BY 25% FOR REMAINDER OF FISCAL 2020.WINNEBAGO INDUSTRIES - CEO MICHAEL HAPPE WILL REDUCE HIS SALARY BY 25% FOR REMAINDER OF FISCAL 2020.WINNEBAGO INDUSTRIES INC - EXECUTIVE LEADERSHIP TEAM'S CASH COMPENSATION WILL BE MATERIALLY REDUCED FOR REMAINDER OF FISCAL 2020.WINNEBAGO INDUSTRIES INC - DELAYING CERTAIN CAPITAL EXPENSES AND REDUCING OR ELIMINATING NON-CRITICAL BUSINESS EXPENSES.WINNEBAGO INDUSTRIES INC - CEO MICHAEL HAPPE WILL FORGO HIS ENTIRE FISCAL 2020 FINANCIAL BASED ANNUAL INCENTIVE.WINNEBAGO INDUSTRIES INC - IMPLEMENTING TEMPORARY HIRING FREEZES IN ALL LOCATIONS FOR NON-CRITICAL SALARIED POSITIONS.WINNEBAGO INDUSTRIES INC - POSTPONING MERIT INCREASES FOR SALARIED EMPLOYEES UNTIL END OF FISCAL YEAR.WINNEBAGO INDUSTRIES INC - EXECUTIVE LEADERSHIP TEAM'S CASH COMPENSATION WILL BE MATERIALLY REDUCED FOR REMAINDER OF FISCAL 2020.WINNEBAGO INDUSTRIES INC - COMPANY HAS NO SIGNIFICANT DEBT MATURITIES UNTIL NOVEMBER OF 2023.WINNEBAGO INDUSTRIES INC - IMPLEMENTING TEMPORARY HIRING FREEZES IN ALL LOCATIONS FOR NON-CRITICAL SALARIED POSITIONS.WINNEBAGO INDUSTRIES INC - HAS $123 MILLION OF CASH AVAILABLE ON ITS BALANCE SHEET AT END OF COMPANY'S Q2 FISCAL 2020.WINNEBAGO INDUSTRIES INC - ALSO HAS ACCESS TO A $193 MILLION ABL CREDIT FACILITY.  Full Article

Winnebago Industries Announces Second Quarter Fiscal 2020 Results
Wednesday, 25 Mar 2020 

March 25 (Reuters) - Winnebago Industries Inc ::WINNEBAGO INDUSTRIES ANNOUNCES SECOND QUARTER FISCAL 2020 RESULTS.Q2 ADJUSTED EARNINGS PER SHARE $0.67.Q2 EARNINGS PER SHARE $0.51.Q2 EARNINGS PER SHARE ESTIMATE $0.67 -- REFINITIV IBES DATA.Q2 REVENUE $626.8 MILLION VERSUS REFINITIV IBES ESTIMATE OF $614 MILLION.FIRST FULL QUARTER OF CONTRIBUTION FROM NEWMAR WITH INTEGRATION PROGRESSING AS PLANNED.AFTER ENDURING PERSISTENT HEADWINDS THROUGHOUT CALENDAR 2019, RV INDUSTRY CONDITIONS HAVE IMPROVED.CONFIDENT THAT OUTDOOR RECREATION INDUSTRY WILL REBOUND IN FUTURE.  Full Article

Punch Card Capital LP Reports 7.1% Stake In Winnebago Industries Inc As Of March 16 - SEC Filing
Wednesday, 25 Mar 2020 

March 24 (Reuters) - Winnebago Industries Inc ::PUNCH CARD CAPITAL LP REPORTS 7.1% STAKE IN WINNEBAGO INDUSTRIES INC AS OF MARCH 16 - SEC FILING.PUNCH CARD CAPITAL LP SAYS WINNEBAGO INDUSTRIES SHARES WERE UNDERVALUED.PUNCH CARD CAPITAL LP SAYS ON MARCH 24, SENT LETTER TO WINNEBAGO INDUSTRIES.PUNCH CARD CAPITAL LP - IN LETTER, REQUESTED WINNEBAGO CEO FOREGO PAY, CO'S BOARD ADDRESS ANY EXCESSIVE CORPORATE EXPENSES, AND DIVIDEND BE ELIMINATED.  Full Article

Winnebago Industries Announces First Quarter Fiscal 2020 Results
Friday, 20 Dec 2019 

Dec 20 (Reuters) - Winnebago Industries Inc ::WINNEBAGO INDUSTRIES ANNOUNCES FIRST QUARTER FISCAL 2020 RESULTS.Q1 ADJUSTED EARNINGS PER SHARE $0.73.Q1 EARNINGS PER SHARE $0.44.Q1 EARNINGS PER SHARE ESTIMATE $0.59 -- REFINITIV IBES DATA.Q1 REVENUE $588.5 MILLION VERSUS REFINITIV IBES ESTIMATE OF $528.4 MILLION.  Full Article

Winnebago Industries Announces Pricing Of Offering Of $270.0 Million Aggregate Principal Amount Of Convertible Senior Notes
Wednesday, 30 Oct 2019 

Oct 30 (Reuters) - Winnebago Industries Inc ::WINNEBAGO INDUSTRIES ANNOUNCES PRICING OF OFFERING OF $270.0 MILLION AGGREGATE PRINCIPAL AMOUNT OF CONVERTIBLE SENIOR NOTES.PRICED $270.0 MILLION IN AGGREGATE PRINCIPAL AMOUNT OF 1.50% CONVERTIBLE SENIOR NOTES DUE 2025.  Full Article

BRIEF-Punch Card Capital LP Reports 7.1% Stake In Winnebago Industries Inc As Of March 16 - SEC Filing

* PUNCH CARD CAPITAL LP REPORTS 7.1% STAKE IN WINNEBAGO INDUSTRIES INC AS OF MARCH 16 - SEC FILING