![]() “While down compared to historic record levels last year, these outcomes remain solidly above pre-pandemic results and exceeded external market expectations, once again reflecting the strong underlying agility of our operations and appeal of our products,” he says. Happe says despite the decrease compared to last year’s second quarter, he’s still content with the quarter’s results. “Despite a continuation of many of the same macrodynamics that we experienced in the first quarter, including general pressure from moderate inflation, higher interest rates, and supply chain inconsistencies, as well as challenging comparisons to the year-ago period of tremendous growth,” Happe says, “continuous efforts to improve the efficiency of our operations reinforced by our commitment to disciplined production and cost management allowed us to sustain competitive double-digit margins across our towable, motor home and marine segments.” Winnebago president and CEO Michael Happe says the benefits of a diversified outdoor portfolio and strong performance in the marine segment helped to offset a continued softening in consumer demand for recreational vehicles. The outdoor lifestyle products manufacturer - with Iowa factories in Forest City, Lake Mills, Charles City and Waverly - reports second quarter revenue was just under $867 million, compared to $1.2 billion in the quarter last year. ![]() ![]() Second quarter revenues for Winnebago Industries fell by 25% compared to a year ago. ![]()
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