Winnebagoⓘ Industries reported financial results for the third quarter of fiscal 2026, ended May 30. Net revenue was $698.7 million, down 9.9% from $775.1 million a year earlier. Adjusted earnings per share came in at $0.66, down from $0.81, and below the analyst consensus of $0.76. Net income fell to $14.5 million.
The motorhome RV segment saw revenue growth of 10.1% to $320.7 million, with operating income of $9.6 million versus a loss of $3.2 million a year ago. Declines in the towable and marine segments partially offset this growth. The company lowered its full-year fiscal 2026 guidance: adjusted EPS of $1.65–$2.00 and revenue of $2.65–$2.75 billion, citing softening consumer demand and dealer caution.
Despite missing expectations, Winnebago shares rose 13.15% to $30.85. Operating cash flow for the nine months improved to $26.2 million.