Winnebago drops a record quarter, but investors aren't convinced the RV boom will last

"You're breaking up on the Zoom..." Tends to happen when you're on an RV rolling through a prairie. RV icon Winnebago Industries is the #2 motor home company by market share, after Thor Industries. Winnebago just dropped a record quarter, as you worked-from-Winnebago while crusing through America's heartland.

• Record quarterly sales: Winnebago pulled in nearly $1B last quarter, more than double what it made in the same quarter last year.
• Record backlogs: Backlog orders more than tripled from 2020, reflecting sustained strong demand.

Slack status: #vanlife... While the US economy reopens and domestic travel nears pre-pandemic levels, much of the world remains Covid-closed. Instead of European getaways, Americans are embracing the great outdoors at home. Winnebago's president calls it “consumer engagement in the outdoor lifestyle." We call it van life.

• Overnight stay at Yellowstone... Perfect for the RV. 237M Americans visited national parks in 2020, and 15 parks set new visitation records.
• RV sales are expected to have a record year, surpassing 2020 sales as demand continues. Some people are buying motorhomes only to cash in on the rental opp (#AirbnRV).