Winnebago Industries (WGO) Q3 FY26 earnings call

A bifurcated quarter: demand deteriorated from late March as affordability-squeezed buyers deferred purchases, yet the Motorhome turnaround and premium-brand resilience (Newmar, Chris-Craft, Barletta) cushioned mid-market towable weakness — the middle of the lineup is where pressure concentrates. Management is leaning on controllables — affordability launches, sourcing savings, capacity cuts into FY27 — to defend margin and share until the cycle turns.