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Winnebago Posts Record Q2 Revenue


Chris-Craft parent Winnebago Industries reported record second-quarter revenue of $840 million, a 34 percent gain compared with the same quarter a year prior.

Strong gains in its towable and motorhome segments drove the record results. Towable revenues for the quarter were $439.3 million, up 55 percent, with motorhomes seeing an 18 percent gain from the previous year to $383 million.


Net income was $69.1 million, a 300 percent increase compared with the same quarter last year. Gross profit increased to $156.6 million, a 96 percent gain from the previous year.

Earnings per diluted share were $2.04, compared with $0.51 last year.

“We are pleased with the outstanding market and financial results … as they reflect the sustained strength of our leading brand portfolio and our world-class team’s commitment to safely deliver high-quality products to our valued dealer network,” president and CEO Michael Happe said in a statement.


Regarding Chris-Craft, Winnebago said dealer inventories are at a 12-year low, with a backlog of sold boats in production. The company plans to introduce three models this year: the 35 Calypso, 24 Calypso and 24 Catalina.

“Our teams are working diligently with supplier partners to deliver higher volume levels of product to the market for the foreseeable future,” Happe said. “We are making well-considered capital investments across our premium brand portfolio to increase capacity to meet this elevated demand and will remain disciplined in managing future production to match healthy market behavior and economic conditions.”


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Wave Wifi MNC1250

Wave WiFi has solutions to keep boats online further from shore using the fastest possible internet connections. Wave WiFi’s new Dual Band Marine Network Controller with SIM-activated cellular system (MNC1250) distributes fast reliable internet onboard. It can be connected to any internet source including cellular data using the built-in universal SIM card slot and transmits both 2.4 and 5GHz AP signals for speed and reliability. Gigabit ports provide fast throughput and Wave’s proprietary GUI (Graphic User Interface) makes it easy to set up and operate. New Multi Active WAN feature allows you to assign devices to a designated internet source of your choosing. Cameras, door alarms, and other devices can run on cellular while onboard users are connected to other land based hot spots.

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