Winnebago Industries, Inc. (NYSE:WGO) Q2 2020 Earnings Conference Call - Final Transcript

Mar 25, 2020 • 10:00 am ET

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Winnebago Industries, Inc. (NYSE:WGO) Q2 2020 Earnings Conference Call - Final Transcript

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Presentation
Operator
Operator

Ladies and gentlemen, thank you for standing by and welcome to the Q2 2020 Winnebago Industries Conference Call. At this time, all participants are in a listen-only mode. After the speakers' presentation, there will be a question-and-answer session. [Operator Instructions] I would now like to hand the conference over to your speaker for today, Steve Stuber, Director of Financial Planning, Analysis and Investor Relations. You may begin.

Executive
Steve Stuber

Thank you, operator and good morning everyone. Thank you for joining us today to discuss our second quarter earnings results. I am joined on the call today by Michael Happe, President and Chief Executive Officer and Bryan Hughes, Vice President and Chief Financial Officer. This call is being broadcast live on our website at investor.wgo.net and a replay of the call will be available on our website later today. The news release with our second quarter results was issued and posted to our website earlier this morning.

Before we start, I would like to remind you that certain statements made during today's conference call regarding Winnebago Industries and its operations may be considered forward-looking statements under securities laws. The company cautions you that forward-looking statements involve a number of risks and are inherently uncertain and a number of factors, many of which are beyond the company's control, could cause actual results to differ materially from these statements. These factors are identified in our SEC filings, which I encourage you to read.

Before I turn the call over, I'd like to mention that we are conducting the call remotely and while we hope the call is executed seamlessly, as usual, we may ask all listening to it all, just should we run into any technical difficulty, challenges in connectivity or other distractions that could be encountered as we proceed. With that I would now like to turn the call over to our President and CEO, Michael Happe. Mike?

Executive
Michael J. Happe

Thank you, Steve and good morning to everyone on today's call. We especially realize during these challenging times that your attention is being appropriately diverted in many directions and we sincerely appreciate your interest in Winnebago Industries and spending that valuable time with us this morning.

Before we get into details of the quarter and what I'm sure will be an engaging question-and-answer session about the future, I want to recognize the hard work, flexibility and steadfast commitment of our approximately 5,500 employees to our vision of making Winnebago Industries a premier outdoor lifestyle company a reality. All employees within our Winnebago Grand Design, Newmar and Chris-Craft businesses, as well as in our enterprise functional teams have been critical to the progress of these brands and our overall company. Every individual has contributed in a meaningful way to the results you are about to hear and every one of these individuals is rightly concerned about what the future will hold for our company, themselves and their families. We recognize that uncertainty is real and as a leadership team, we will do everything we can to provide them