Winnebago Industries, parent to Chris-Craft and Barletta Boats, today released the results of its 2025 fiscal third quarter, ended May 31.
The company reported net revenues of $775 million for the quarter with gross profit of $106 million, representing a 13.7% gross margin. Net income was $17.6 million, and EBITDA was $46.5 million, which represents a 6% adjusted margin.
The marine segment posted a 14.6% increase in net revenues to $100.7 million, driven primarily by unit volume and targeted price increases that were offset by product mix and higher warranty expenses. Adjusted EBITDA increased 37.6% to $11.6 million, which represents an 11.6% adjusted margin.
“Our fiscal third-quarter results reflect both the diverse dynamics of our business segments and the challenges posed by an uncertain economic environment,” Winnebago president and CEO Michael Happe said in a statement. “While retail demand across the outdoor recreation sector remains soft, our dealer partners are navigating the market with prudence and agility.”
The company provided guidance for the remainder of the fiscal year that includes net revenues in the range of $2.7 billion to $2.8 billion.
