Successful Launch of Grand Design's Motorized Division
Grand Design's new motorized division is off to a strong start with the Series M Class C. Initial shipments of the new Lineage Series F Super C Coach are also underway, with a revenue target of $100 million plus for fiscal 2025.
Market Share Gains in Key Segments
Winnebago's market share in motorhomes rose mid-single digits in 2024 versus 2023. Barletta's market share increased 140 basis points to 9.5%, showing significant growth in the pontoon market.
Improvement in Profitability
Gross margin improved 110 basis points sequentially, driven by lower allowances and discounts.
Marine Segment Performance
Revenues for the Marine segment were up due to unit volume and operational efficiencies, despite a reduction in average selling price per unit.