WGO

What You Should Know

Winnebago Industries, Inc. manufactures recreational vehicles — motorhomes and towable RVs — as well as boats under brands including Winnebago, Grand Design, Newmar, and Chris-Craft. Manufacturing and selling recreational vehicles and boats is a clearly permissible activity with no haram revenue line of its own. The main screening item is the balance sheet: Winnebago carries acquisition-related debt, so its total-debt-to-market-cap ratio should be confirmed against the 33% threshold using the latest filings; it has generally screened within range. Dealer-floorplan financing arrangements mean any interest-based income should be checked against the 5% threshold and the corresponding portion of returns purified. As a discretionary manufacturer, Winnebago's results are cyclical with consumer demand and interest rates.