Winnebago Industries reported Q2 fiscal 2026 revenue of $657.4 million (up 6% YoY) and adjusted EPS of $0.27, exceeding analyst expectations. However, the stock dropped up to 6.9% as full-year guidance at $2.8–3.0 billion came in below some estimates.
Quarterly Results
Winnebago Industries (NYSE:WGO) posted fiscal second-quarter results for the period ended February 28, 2026. Consolidated revenue reached $657.4 million, a 6% increase year-over-year, beating the consensus estimate of approximately $628–633 million. Adjusted earnings per share came in at $0.27, up from $0.19 a year earlier and above the expected $0.24–0.25. Net income was $4.8 million.
Segment Performance
Growth was driven by the motorhome segment, where revenue surged 29.3% thanks to new product launches. The towable RV segment faced headwinds, with revenue declining 9%. The marine segment also underperformed. The company redeemed $100 million in debt during the quarter.
Outlook and Market Reaction
Winnebago reaffirmed its full-year fiscal 2026 revenue guidance in the range of $2.8–3.0 billion. Some analysts had anticipated a slightly higher midpoint. Following the mixed report, shares fell between 5.2% and 6.9% in trading.