Winnebago shares up 7% after quarterly report, guidance

Shares in recreational vehicle co Winnebago Industries WGO.N up ~7% after fiscal Q2 results beat Street expectations; EPS outlook also beat consensus est though weaker than co's previous guidance

WGO reported adj. EPS of $0.19 vs consensus est $0.13, rev of $620.2 mln vs consensus $616.7 mln, according to LSEG

Co forecast FY adj EPS of $2.75-$3.75, midpoint of $3.25 above consensus $3.19, as per LSEG. But midpoint was below that of company's prior guidance for adj EPS $3.10-$4.40, issued Dec. 20 with Q1 results

WGO forecast FY sales of $2.8bln-$3.0bln implying $2.9bln midpoint vs consensus $2.95bln and co's prior guidance for $2.9bln-$3.2bln

WGO says included net tariffs impact in outlook inc price changes potentially needed to offset inflationary pressures on input costs

Co says outlook considers macro-economic, sector challenges including "stubborn interest rates, inconsistent consumer sentiment," dealers continuing to push inventory lower, particularly in motorhome RV, marine segments

Shares last traded at $37.19 vs median PT of $55, which is down from $58 a month ago, as per LSEG

WGO shares down ~22% YTD after ~34% drop in 2024 vs ~13% YTD drop for S&P 600 consumer discretionary sector .SPSMCD, which rose 5.4% in 2024