WGO Winnebago Industries Inc.

As outdoor participation increases, more people seek health benefits of outdoor activity, according to Winnebago Industries insights survey

As outdoor participation increases, more people seek health benefits of outdoor activity, according to Winnebago Industries insights survey

EDEN PRAIRIE, Minn., May 23, 2024 (GLOBE NEWSWIRE) -- More Americans are looking to the outdoors as a place to find health and happiness than ever before according to a recent survey from Winnebago Industries (NYSE: WGO), a leading manufacturer of outdoor recreation products. Now in its fourth year, the Winnebago Industries Spotlight Survey looks at outdoor industry trends and consumer behavior. Overall, 71% percent of respondents in this year’s survey agree that outdoor activities are beneficial to their health, an increase of three points from 2023.

Also highlighted by the survey is the steady increase in outdoor participation, with 89% of respondents indicating that they participated in an outdoor activity, defined as camping, hiking, boating, or visiting a national/state park, in 2023 – up 29% since 2020, and a trend that is expected to continue.

“Our latest insights reinforce a strong link between outdoor activities and physical and mental well-being,” said Amber Holm, chief marketing officer of Winnebago Industries. “Respondents said the top three reasons outdoor activity positively impacts their life is because it improves physical health, improves mental health and reduces stress.”

Outdoor participation in 2024 expected to increase

After the COVID-19 pandemic, some predicted that interest in outdoor activity might wane as other entertainment options reopened, but that has not been the case.

When asked about their plans for 2024, 86% of respondents said they plan to increase or maintain their current participation level in outdoor activities. With summer just around the corner, Americans are readying for vacation and travel time, and 95% of respondents indicated they plan to participate in an outdoor activity this summer.

For camping and RVing this year, 37% of respondents plan on camping (an increase of two points from last year) and 11% of respondents plan to go on an RV trip (steady from last year).

“As people spend more time outside, they often find impactful emotional benefits, including feelings of freedom, personal growth and connection – both to the natural environment and to family and friends,” said Holm.

Introducing and providing access to the outdoors to younger generations remains critical

Research has shown that nature provides children, adolescents and young adults with a rich and dynamic environment that stimulates curiosity, creativity and physical activity. Sixty-nine percent of survey respondents agree that outdoor activities are a good way to reduce screen time.

It is important to expose kids to the outdoors at an early age, as almost two-thirds (63%) of respondents started participating in outdoor activities as children, fueling a lifelong interest in enjoying nature. However, only 45% of Gen Z respondents said they feel comfortable in the outdoors compared to 62% of millennials who strongly agreed that they feel comfortable in the outdoors.

“At Winnebago Industries, we encourage everyone to enjoy more time outside, or bring someone new to the outdoors along on your next outing, whether its enjoying a family adventure with one of our RVs or boats or simply going for a walk in the park,” said Holm. “We are excited to see a continued interest in spending time outside and a deeper understanding of the benefits nature can provide.”

About Winnebago Industries

Winnebago Industries, Inc. is a leading North American manufacturer of outdoor recreation products under the Winnebago, Grand Design, Chris-Craft, Newmar and Barletta brands, which are used primarily in leisure travel and outdoor recreation activities. The Company builds high-quality motorhomes, travel trailers, fifth-wheel products, outboard and sterndrive powerboats, pontoons, and commercial community outreach vehicles. Committed to advancing sustainable innovation and leveraging vertical integration in key component areas, Winnebago Industries has multiple facilities in Iowa, Indiana, Minnesota, and Florida. The Company’s common stock is listed on the New York Stock Exchange and traded under the symbol WGO. For access to Winnebago Industries' investor relations material or to add your name to an automatic email list for Company news releases, visit .

Media Contact: Daniel Sullivan 



EN
23/05/2024

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Winnebago Industries Inc.

Winnebago Industries Inc: 1 director

A director at Winnebago Industries Inc sold/sold after exercising options 12,187 shares at 56.640USD and the significance rating of the trade was 60/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's di...

 PRESS RELEASE

Winnebago Industries’ Chris-Craft, Barletta marine brands showcase ind...

Winnebago Industries’ Chris-Craft, Barletta marine brands showcase industry-leading offerings at Fort Lauderdale Boat Show EDEN PRAIRIE, Minn., Oct. 31, 2024 (GLOBE NEWSWIRE) -- Winnebago Industries, Inc. (NYSE: WGO), a leading outdoor lifestyle product manufacturer, is proud to showcase the latest innovation from its marine brands, Barletta Pontoon Boats and Chris-Craft at the  in Fort Lauderdale, FL, October 30 – November 3. Barletta, the fastest-growing pontoon boat maker in the segment, will feature a line-up of Coastal Edition premium pontoons, ready for big water, including the ind...

 PRESS RELEASE

Winnebago Industries Reports Fourth Quarter and Full Year Fiscal 2024 ...

Winnebago Industries Reports Fourth Quarter and Full Year Fiscal 2024 Results -- Full Year Operating Cash Flow of $143.9 Million Supports Company’s Strategic Growth Investments -- -- $106.8 Million Returned to Shareholders via Repurchases and Dividends in FY 2024, Despite Challenging Market Environment -- -- Leadership Changes at Winnebago Branded Businesses Aimed at Strengthening Market Position -- -- Company Issues Fiscal 2025 Financial Guidance -- EDEN PRAIRIE, Minn., Oct. 23, 2024 (GLOBE NEWSWIRE) -- Winnebago Industries, In...

 PRESS RELEASE

Winnebago Industries Expands Responsibilities of Don Clark to Lead Win...

Winnebago Industries Expands Responsibilities of Don Clark to Lead Winnebago Brand’s Towable RV Division EDEN PRAIRIE, Minn., Oct. 14, 2024 (GLOBE NEWSWIRE) -- Winnebago Industries, Inc. (NYSE: WGO) today announced that Don Clark, president of Grand Design RV, has been promoted to Group President, Towable RVs, and will now lead the Winnebago brand’s towable RV division in addition to the Grand Design RV brand, leveraging the company’s significant overall towables expertise and skills in Northern Indiana, effective November 1. “Don is a hall-of-famer with an unmatched track record of succ...

 PRESS RELEASE

Winnebago Industries’ Fourth Quarter and Fiscal 2024 Financial Results...

Winnebago Industries’ Fourth Quarter and Fiscal 2024 Financial Results Announcement to be made on October 23, 2024 EDEN PRAIRIE, Minn., Oct. 01, 2024 (GLOBE NEWSWIRE) -- Winnebago Industries, Inc. (NYSE: WGO), a leading outdoor recreation product manufacturer, plans to issue its earnings release for its fourth quarter and fiscal 2024 before the market opens on Wednesday, October 23, 2024. The Company will also host a conference call to discuss the financial results for the quarter on October 23, at 9 a.m. CT. All interested parties are invited to listen live via the Company's website, . ...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch