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Winnebago (NYSE: WGO) shareholders had good reasons to look forward to the company’s fiscal 2021 first-quarter results in late December. The RV giant raced back to sales growth in the prior period as dealerships restocked following COVID-19-related shutdowns. Heavy traffic at these locations convinced dealers to ramp up their ordering, too, as consumers redirected cash toward RVs while airplane travel demand was depressed. Winnebago’s Q1 report this week confirmed that positive narrative by revealing surging sales volumes in the towable and motorhome divisions. Record backlog suggests even faster growth ahead for the RV market share leader. Let’s take a closer look. Sales sped up Winnebago executives said in October that demand appeared to be rising as consumers turned to the RV niche to provide outdoor recreation activities closer to home. That boost shined through in this week’s report as sales jumped 35%. Excluding the recently acquired Newmar brand, Winnebago’s revenue rose 22%, marking an acceleration over the 15% increase last quarter. The automaker saw strength across its portfolio, with towable vehicle sales rising 33% year over year and motorhome revenue growing 7%. That motorhome segment’s growth landed at 43% after accounting for the Newmar brand. Executives said the metrics, and Winnebago’s rising market share, illustrate the advantages built into the business. “[The] results underscore the strength of our unmatched portfolio of leading brands,” CEO Michael Happe said in a press release, “and continued demand from the end consumer.” Pricing and costs Gallery: 15 Stocks That Can Make You Rich […]