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Revenue For Winnebago Industries Exceeds Two Billion Dollars

Forest City, Iowa – Full-year revenue at Winnebago Industries exceeded two-billion dollars for the first time in company history. The Forest City-based outdoor lifestyle product manufacturer reports fiscal 2018 revenues rose 30-percent compared to last year, while fourth-quarter revenue reached 536-million dollars, an increase of almost 18-percent over last year. CEO Michael Happe  says a lot of the company’s recent success can be credited to the accelerated growth of towable unit sales.

 

Happe says the company’s acquisition of luxury boat manufacturer Chris-Craft during the quarter will help transform Winnebago into a premier outdoor lifestyle company.

 

Despite increasing scrutiny on the health of the recreational vehicle industry, Happe says Winnebago is in a good position for the future.

 

Fourth quarter net income was $29.8 million, an increase of almost 20-percent compared to the same period a year ago, while net income for the year was $102.4 million, an increase of 43.5% compared to fiscal 2017.

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Chris Berg

Chris was born in Webster City and raised in Charles City. As a young kid, he would always be caught singing along to songs on the radio. He says he's good at karaoke but we think otherwise. ;) In his free time, he enjoys beginning new projects at home and hardly ever finishing them. Chris lives in Charles City with his wife Vicki, daughter Brynlee and son Jaxon.
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