Capital investment and capacitynegative · 5 filings
“30 Table of Contents Investing Activities Cash used in investing activities decreased primarily due to lower capital expenditures compared to the prior year.”10-Q · Jun 25, 2026 ↗
Winnebago Industries, Inc.
WGO
Market read
Winnebago Industries, Inc.'s current read is isolated; its market group is not confirming.
No new filing conclusion is available. 0 of 37 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 7 directly disclosed connections are confirming.
Company-2.3% todayVolume comparison unavailable
Market group0 of 37 activeHealthcare REITs & Services · unavailable
Disclosed network0 of 7 confirmingNo filing-linked name is confirming now
What would change this read
Watch this read- WGO's market-adjusted activity becomes unusual and at least one connected name confirms.
Invalidation: The isolated read changes if WGO's group or a disclosed connection begins moving with it.
Research brief
The story so far
No new filing conclusion is available. 0 of 37 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 7 directly disclosed connections are confirming.
Evidence that supports
No thresholded supportive filing evidence is available yet.
Evidence that challenges
No thresholded adverse filing evidence is available yet.
What would clarify the read
- WGO's market-adjusted activity becomes unusual and at least one connected name confirms.
Company research
Understand the business, not just the ticker
Business model and earnings drivers
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
Key research questions
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
Annual periods9
Price observations319
Usable filing statements86
Verified relationships7
Evidence supporting the case
- Restructuring and cost reductions has repeated favorable evidence across 5 filings.
- Pricing and mix has repeated favorable evidence across 4 filings.
Evidence challenging the case
- Latest annual revenue changed -5.9% year over year.
- Operating margin changed -1.3 percentage points in the latest annual period.
- Capital investment and capacity has repeated adverse evidence across 5 filings.
Questions before a position
- P/E is 108% above the available filing-peer median; determine whether growth and quality justify the difference.
- EV/sales is 44% below the available filing-peer median; determine whether growth and quality justify the difference.
Longer-term price context
Price as of Sep 10, 2026
28.126m-29.5%12m-22.9%24m—
Annual trajectory
Reported annual revenue and per-share history. This is accounting history, not a forecast.
PeriodRevenueYoYDiluted EPSShare change
2021-08-28$3.6B+54.1%$8.28+1.9%
2022-08-27$5.0B+36.6%$11.84-3.2%
2023-08-26$3.5B-29.6%$6.23+7.3%
2024-08-31$3.0B-14.8%$0.44-16.7%
2025-08-30$2.8B-5.9%$0.91-4.1%
What management says matters
Persistent and emerging business drivers
Restructuring and cost reductionsmixed · 5 filings
“Operating expenses decreased primarily due to cost reduction initiatives, partially offset by increased costs to support the growth of the Grand Design Motorhome business.”10-Q · Jun 25, 2026 ↗
Pricing and mixmixed · 4 filings
“Net revenues increased primarily due to selective price increases and product mix, partially offset by lower unit volume.”10-Q · Jun 25, 2026 ↗
Credit and interest ratespositive · 1 filings
“Interest expense, net increased primarily due to the 2030 Convertible Notes issued in the second quarter of 2024.”10-Q · Jun 25, 2025 ↗
Valuation discipline
Descriptive valuation snapshot
Price/sales 0.3× · EV/sales 0.4×. Comparisons use only industry-matched filing peers.
Scenario scaffold
Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.
Price action
How the market is pricing the story
28.12-2.3% today
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 10 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
No sourced recent-development timeline yet
Jodie has not returned a relevant primary source or news item for WGO. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Reported financial figures are not available yet
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Filing analysis
No comparable filing assessment is available yet
Jodie has not yet found a suitable current-versus-prior filing comparison for WGO. This does not mean the latest filing was neutral or immaterial.
Business ecosystem
The relationships behind WGO
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depends on
FFord Motor CompanysupplierOct 22, 2025 ▾
“In the case of motorhome RV chassis, Mercedes-Benz (USA and Canada), Stellantis N.V., Freightliner Trucks, Ford Motor Company, and Spartan RV Chassis are our major suppliers.”
STLAStellantis N.V.supplierOct 22, 2025 ▾
“In the case of motorhome RV chassis, Mercedes-Benz (USA and Canada), Stellantis N.V., Freightliner Trucks, Ford Motor Company, and Spartan RV Chassis are our major suppliers.”
Depended on by
LCIILCI IndustriescustomerFeb 26, 2026 ▾
“Major customers include Thor Industries, Inc.”
Filing peers
Companies whose filings use similar operating language.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks 7 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
Live connections
WGO is currently a Follower in the organic co-movement group Healthcare REITs & Services. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.
This group is retained as the last observed read for WGO; it is not active in the latest market snapshot.
Context history
Theme membership history
No durable theme membership has been observed for this name yet.