Winnebago Industries’ Towable RV Business Down 4.8% YOY in Q1

December 20, 2023

Winnebago Industries, Inc. reported financial results for the company’s first quarter of its fiscal year 2024 Wednesday.

Revenues for the fiscal 2024 first quarter ended Nov. 25, 2023, at $763.0 million, a decrease of 19.9% compared to $952.2 million for the fiscal 2023 first quarter. Gross profit for the fiscal 2024 first quarter was $115.8 million, a decrease of 27.8% compared to $160.4 million for the fiscal 2023 first quarter. Operating income was $39.1 million for the fiscal 2024 first quarter, a decrease of 54.5% compared to $85.9 million for the first quarter of last year. RV-Pro