Winnebago Industries, Inc. (NYSE:WGO) Files An 8-K Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition.
On March25, 2019, Winnebago Industries, Inc. issued a press release to report financial results for the second quarter of Fiscal 2019 ended February23, 2019. A copy of the press release is attached as Exhibit 99.1 and is incorporated by reference herein.
Exhibit 99.1 includes non-GAAP financial measures related to our operations. Certain of these non-GAAP measures may be discussed in our earnings conference call for the second quarter of Fiscal 2019. In addition, Exhibit 99.1 includes reconciliations of these GAAP to non-GAAP measures as well as an explanation of why these non-GAAP measures provide useful information to investors and how management uses these non-GAAP measures. These non-GAAP measures should not be considered a substitute for, or superior to, financial measures calculated in accordance with GAAP, and the financial results calculated in accordance with GAAP and reconciliations from our results should be carefully evaluated.
Item 9.01 Financial Statements and Exhibits.
WINNEBAGO INDUSTRIES INC Exhibit
EX-99.1 2 a2019q2exh991earningsrelea.htm EXHIBIT 99.1 Exhibit Exhibit 99.1News ReleaseContact: Steve Stuber – Investor Relations – 952-828-8461 – [email protected] Contact: Sam Jefson – Public Relations Specialist – 641-585-6803 – [email protected] INDUSTRIES ANNOUNCES SECOND QUARTER FISCAL 2019 RESULTS– Sales Performance Continues to Outperform The Industry —- Quarterly Gross Margins of 15.4% Increased 100 Basis Points Over Prior Year —- Strong Improvements in YTD Operating Cash Flow,…
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About Winnebago Industries, Inc. (NYSE:WGO)
Winnebago Industries, Inc. is a manufacturer of recreation vehicles (RVs) used primarily in leisure travel and outdoor recreation activities. The Company designs, develops, manufactures and markets motorized and towable recreation products along with supporting products and services. Its other products manufactured by the Company consist of original equipment manufacturer (OEM) parts, including extruded aluminum and other component products for other manufacturers and commercial vehicles. The Company offers products under categories, which include motorhomes, towables and other manufactured products. The Company produces all of its motorhomes in vertically integrated manufacturing facilities in Iowa and it produces all travel trailer and fifth wheel trailers in Indiana. The Company operates under the brand, Winnebago. The Company distributes its products primarily through independent dealers throughout the United States and Canada, who then retail the products to the end consumer.