Posts Tagged ‘ERA Class B motor home’

FOREST CITY, Iowa–Winnebago Industries, Inc. (NYSE:WGO), one of the leading United States (U.S.) motor home manufacturers, today reported continued improvement in financial results during the Company’s first quarter of Fiscal year 2011.

Revenues for the first quarter of Fiscal 2011 ended November 27, 2010 were $123.7 million, an increase of 52.7 percent, versus $81.0 million for the first quarter of Fiscal 2010. The Company reported an operating profit of $4.9 million for the quarter, versus an operating loss of $6.0 million for the first quarter of Fiscal 2010. Net income for the first quarter was $3.8 million versus a net loss of $1.3 million for the first quarter of Fiscal 2010. On a diluted per share basis, the Company had net income of $0.13 for the first quarter of Fiscal 2011 versus a net loss of $0.05 for the first quarter of Fiscal 2010. The net loss for the first quarter of Fiscal 2010 reflected the positive impact of $4.9 million in tax benefits associated with additional Fiscal 2009 net operating loss carryback due to tax law changes in Fiscal 2010; however, no tax benefits were recorded on first quarter Fiscal 2010 pre-tax losses which were not immediately subject to refund. During the first quarter of Fiscal 2011, an idled assembly facility in Charles City, Iowa (CCMF) classified as held for sale, was sold to CGS Tires US, Inc. The sale was finalized on November 1, 2010 and generated $3.7 million in net proceeds and a gain of $644,000.

The first quarter was positively impacted by increased motor home deliveries, increased average selling price due to a shift to more higher-priced Class A products, more fixed cost absorption and improved labor efficiencies as a result of higher production levels, as well as the sale of CCMF.

“Increased motor home deliveries continued to drive the improvement in our first quarter Fiscal 2011 results,” said Winnebago Industries’ Chairman, CEO and President Bob Olson. “We are pleased to see increases in our delivery volumes, as well as strength in our Class A products in the marketplace, with gains in both Class A gas and diesel market share. As we enter the slower winter months, however, we remain cautious until we see continued retail growth.”

“We experienced a very positive response from dealers on our new 2011 products shown at the recent National RV Trade Show in Louisville, KY which took place November 30 through December 2, 2010,” continued Olson. “Our dealers were particularly excited about the new Class A diesel Winnebago Tour and Itasca Ellipse products for 2011, which were totally redesigned with a new exterior design and four floorplans unique to the Recreation Vehicle (RV) industry. We also displayed several new floorplans in our Class A gas and Class C product lines, in addition to the premier viewing of our new 2012 ERA Class B motor home, with better user-functionality, enhanced features, more storage capacity and more value.”

Winnebago Industries’ dealer inventory increased 31.8 percent with 2,066 Class A, B and C motor homes on dealers’ lots at the end of the first quarter of Fiscal 2011, compared to the end of the first quarter of Fiscal 2010. Conversely, Winnebago Industries’ sales order backlog was 698 Class A, B and C motor homes at the end of the first quarter of Fiscal 2011, a decrease of 54.1 percent compared to the end of the first quarter of Fiscal 2010.

“Our higher sales order backlog last year at this time was indicative of the fact dealer inventory had bottomed out and our dealers were finally ready to re-stock their shelves with new product,” said Olson. “We responded to that increased demand by ramping up our production a year ago and dealer inventory has remained at a consistent level and in line with retail demand since February 2010.”

FOREST CITY, Iowa- Winnebago Industries, Inc. has developed and manufactured a new Ability Equipped design for the fuel-efficient ERA Class B motor home.

Perfect for those wishing to downsize, enjoy weekend travel or anyone looking for a full service recreation vehicle in a compact size, the ERA now has an additional new floorplan available for those with special physical needs. Winnebago Industries has added the new Ability Equipped floorplan to its ERA line to meet the needs of those customers who face physical challenges. While Winnebago Industries is well known as a leader in the sale of traditional Class A and C motor homes, the Company is also an experienced leader in the design and manufacture of vehicles that enable individuals with special mobility concerns to travel freely and comfortably.

Special Ability Equipped ERA features:

  • Ricon KlearVue™ lift in the rear of the motor home. This lift provides easy access into the ERA while its low profile design allows an unobstructed view out the windows of the rear entrance door.
  • Wider aisle-way for easier navigation inside the motorhome
  • Wheelchair lock-downs are provided on the driver’s side of the vehicle behind the front cab seats
  • Bath doors swing out for easy access into the bathroom
  • Assist bar and second shower head holder in the wet bath
  • Custom galley with sink, stovetop, microwave mounted under stovetop for easy access, and Waeco refrigerator which extends on a sliding tray from the end of the galley cabinet

Built on an 8,550-lb. GVWR Mercedes-Benz Sprinter chassis with a fuel efficient 3L 6-cylinder turbo-diesel Mercedes-Benz engine, the ERA features an aerodynamic design with smooth lines and striking full body paint. The exterior is further enhanced with stylized, 16-inch aluminum wheels and full-length running boards. A 5,000-lb. hitch and optional patio awning are additional highlights of this coach. In addition to the rear door with the wheelchair lift, the Ability Equipped ERA also has front cab doors and a large sliding door on the passenger side of the vehicle for easy entry for additional occupants.

The ERA also features Winnebago Industries’ RV Radio that combines an AM/FM radio, CD and weatherband in one and includes an iPod/MP3 jack and hand held remote. The radio is also combined with a rearview monitor system with a touch screen, displaying weather alerts and song type, in addition to a clear picture of the exterior behind the motor home for use when backing up. The rearview monitor system also features one-way audio that is helpful when a person outside can help the driver navigate in and out of tight spots. Sirius satellite radio is also available. The ERA has plush, UltraLeather furnishings, solid-surface countertops and a 15-inch pivoting TV with DVD player. A rear dinette pedestal table and bench seats easily convert to a comfortable 40” x 69” sleeping area. The front cab seats swivel fully to face the rear of the motor home for easy access from a wheelchair. A removable pedestal table by the cab seats also provides a second dining area or a convenient spot for playing games. The ERA has a ceiling height of 6 feet, 3 inches and an exterior length just over 24 feet. The ERA also offers a 5,000-lb. trailer hitch.

For further information about the Ability Equipped ERA, contact Winnebago Industries Commercial and Specialty Vehicle Department at 1-800-492-9135 or the authorized ERA dealer near you.

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