Source: Forbes
Winnebago (WGO) reported quarterly revenue of $588.4 million, Non-GAAP EPS of $0.73 and GAAP EPS of $0.44. The company beat on revenue, beat on Non-GAAP EPS and missed on GAAP EPS. The stock is up double-digits post earnings. I had the following takeaways on the quarter. Revenue was up 19% Y/Y. Industry RV shipments continue to fall. For the month of November industry shipments were 29,644, down 10% Y/Y. Through year-to-date November 2019 shipments were off 17% Y/Y.
Total revenues included the acquisition of Newmar Corporation, a luxury RV manufacturers based