Winnebago Industries Appoints Silva as Vice President

Winnebago Industries (WGO) extended its asset-based credit line to August 20, 2031. The new agreement, with JPMorgan Chase as agent, replaces a $350M facility and includes modified reporting and covenant terms. Borrowing rates are floating, based on SOFR/REVSOFR30 plus 1.25%-1.75% spreads, with a 0.25% commitment fee on unused amounts.

Winnebago (WGO) reported Q2 revenue of $698.7M, down 9.9% YoY, missing estimates. Mobileye (MBLY) reported $508M revenue, flat YoY, beating estimates. General Motors (GM) reported $48.03B revenue, up 1.9% YoY, beating estimates. All stocks rose post-results.

White Gold Corp. released a maiden Preliminary Economic Assessment for its Yukon White Gold open-pit project. The study estimates 9.4 years of operations with average annual production of 188,000 oz, base-case after-tax NPV of C$1.911B at 5% discount and 38% IRR, plus 1.7-year payback. AISC is US$1,485/oz and initial capital is C$1.05B.

White Gold Corp. reported a maiden Preliminary Economic Assessment for its White Gold Project in Yukon. The PEA forecasts a 9.4-year open-pit mine producing 188,000 oz gold annually. Using US$3,600/oz and 1 USD=0.72 CAD, it estimates after-tax NPV (5%) of C$1.911B and IRR of 38%, with after-tax payback of 1.7 years. At US$4,500/oz, after-tax NPV (5%) rises to C$2.996B.

White Gold Corp. (WGO) said shareholders approved the spin-out of certain Yukon critical mineral properties to W2 Critical Minerals Corp. under a plan of arrangement. The spin-out remains subject to final court and TSX Venture Exchange approvals, with a court hearing set for Aug. 13, 2026. Shareholders will receive 1 W2 share per 5 WGO shares, and White Gold expects ~19.9% ownership of W2.

Winnebago Industries reported Q3 net income of $14.5M ($0.51/share), down from $17.6M ($0.62) a year earlier, with revenue down 9.9% to $698.7M. Operating income fell 23.9% to $23.0M and adjusted EPS fell 18.5% to $0.66. The company cut FY2026 guidance: EPS to $1.05–$1.40 and revenue to $2.65B–$2.75B. Shares were down over 3% pre-market.