Winnebago Industries Inc
WGO: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$33.00 | Kwgb | Znvpjkcq |
Winnebago Earnings: Dealer Restocking Not Happening Until at Least Calendar 2025
Winnebago’s fiscal 2024 third-quarter results showed dealers continue to be unwilling to build inventory as they wait for interest rates to decline. Adjusted diluted EPS of $1.13 missed the $1.32 LSEG consensus and fell 46.9% year over year while revenue fell 12.7%. We are lowering our per share fair value estimate to $82 from $86, mostly on modeling 8.8% less revenue over our five-year explicit forecast period.