Marine Segment Growth
The Marine segment experienced a 15% increase in net revenues, driven primarily by higher unit volume and targeted price increases. Unit volume was up more than 11% year-over-year in the quarter. Segment adjusted EBITDA margin also increased.
New Product Launches
Winnebago Towables launched the Thrive travel trailer, Chris-Craft introduced the Catalina 31, and Barletta expanded its lineup with new helm redesigns and premium options. Grand Design RV's Lineage series achieved a 1.6% retail share within a year of debut.
Market Share Gains
Winnebago Industries gained market share in several RV segments, including Class A gas, Class A diesel, and Class C categories for motorhomes. Barletta increased its share of the U.S. aluminum pontoon market from 8.8% to 9.2%.
Recognition of Trustworthiness
Winnebago Industries was recognized by Newsweek as one of America's most trustworthy companies for the second consecutive year, based on an independent survey of over 25,000 U.S. consumers.