restructuring affecting expense
“Operating expenses decreased primarily due to cost reduction initiatives, partially offset by increased costs to support the growth of the Grand Design Motorhome business.”
WGO 10-Q
Confirmed
Residential & Recreational
27 names are moving together; 56% are participating in the current session.
1 observed Confirmed episode
Co-movement
Observed member paths adjusted against SPY. Shading marks the latest observation window.
Members
| TICKER | Company | Sector | Today | Observed activity |
|---|---|---|---|---|
| WGO | Winnebago Industries, Inc. | Consumer Cyclical | +0.6% | Most structurally connected |
| WSM | Williams-Sonoma, Inc. | Consumer Cyclical | -2.4% | Group member |
| HAYW | Hayward Holdings, Inc. | Industrials | -2.1% | Group member |
| PHM | PulteGroup, Inc. | Consumer Cyclical | -0.8% | 1/2 observed active sessions |
| DHI | D.R. Horton, Inc. | Consumer Cyclical | -1.8% | 1/2 observed active sessions |
| DORM | Dorman Products, Inc. | Consumer Cyclical | +0.1% | 1/2 observed active sessions |
| GFF | Griffon Corporation | Industrials | -1.8% | Group member |
| BCC | Boise Cascade, L.L.C. | Basic Materials | -1.6% | Group member |
| LKQ | LKQ Corporation | Consumer Cyclical | +0.1% | 1/2 observed active sessions |
| FBIN | Fortune Brands Innovations, Inc | Industrials | -2.6% | Group member |
| LEN | Lennar Corporation | Consumer Cyclical | -1.7% | 1/2 observed active sessions |
| LEN-B | Lennar Corporation | Consumer Cyclical | -1.6% | Group member |
| UFPI | UFP Industries, Inc. | Basic Materials | -0.3% | Group member |
| ALLE | Allegion plc | Industrials | -0.2% | 1/2 observed active sessions |
| THO | Thor Industries, Inc. | Consumer Cyclical | -1.3% | 1/2 observed active sessions |
| FAST | Fastenal Company | Industrials | +1.2% | Group member |
| LEG | Leggett & Platt, Incorporated | Consumer Cyclical | -2.2% | Group member |
| HLMN | Hillman Solutions Corp. | Industrials | +1.6% | Group member |
| SSD | Simpson Manufacturing Company, | Basic Materials | -1.9% | Group member |
| PII | Polaris Inc. | Consumer Cyclical | -0.5% | Group member |
| LCII | LCI Industries | Consumer Cyclical | +0.9% | Group member |
| WSO | Watsco, Inc. | Industrials | +2.5% | Group member |
| MSM | MSC Industrial Direct Company, | Industrials | +1.0% | Group member |
| SWK | Stanley Black & Decker, Inc. | Industrials | -1.9% | Group member |
Why we believe this
Cohort
27 namesParticipation
56% this sessionObserved history
4 daily buildsFiling coverage
27/27 membersdemand / volume
“Projected future cash flows for the Chris-Craft reporting unit have declined compared to prior expectations as a result of sustained macroeconomic challenges impacting consumer demand, such as inflationary pressures and elevated interest rates, and the current uncertainty regarding timing and degree of economic recovery.”
WGO 10-K
credit / rates affecting interest expense
“Interest Expense Interest expense for the year ended December 31, 2025, decreased $1.0 million as compared to the year ended December 31, 2024, primarily due to a lower weighted-average interest rate on our outstanding indebtedness.”
ALLE 10-K
This identity theme becomes less useful if activity narrows to one or two names instead of remaining broad across the cohort.
Connected, outside the group
HD
FBINcustomer · Not moving with the group now
Filing receipt · HD / FBIN
“Approximately 16% of 2025 net sales were to international markets, and sales to two of the Company’s customers, Lowe’s Companies, Inc.”
FBIN · customer
MRP
LENcustomer · Not moving with the group now
Filing receipt · MRP / LEN
“For the three months ended March 31, 2026, the Company derived a substantial portion of its revenues from Lennar, which represented $ 140.3 million, or 72 %, of the Comp…”
LEN · customer
PATK
THOsupplier · Not moving with the group now
Filing receipt · PATK / THO
“Its revenues from the RV market include sales to two major manufacturers of RVs that each account for over 10% of the Company's net sales, Forest River and Thor.”
THO · supplier
POOL
HAYWsupplier · Not moving with the group now
Filing receipt · POOL / HAYW
“Our largest suppliers include Pentair plc, Zodiac Pool Systems, Inc.”
HAYW · supplier
BC
LCIIcustomer · Not moving with the group now
Filing receipt · BC / LCII
“Major customers include Brunswick Corporation (symbol: BC), Polaris Inc.”
LCII · customer
History
2026-07-09 → 2026-07-102 observed active sessions · 0% of active names held across the episode