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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (126957)	6/22/2022 9:42:53 AM
From: Goose94	Read Replies (1) \| Respond to of 202374

Electric Vehicle EV: Nearly half of Canadians say they plan to buy an electric vehicle as cost concerns fade 38% worry about upfront EV pricing, down from 66% in 2021 38% say environment is the top motivator influencing an EV purchase 80% of potential EV buyers are willing to pay a premium 36% list lack of charging stations as a rising concern preventing an EV purchase June 22nd 2022 The number of Canadians looking to buy electric vehicles (EVs) in 2022 has hit its highest level yet, according to the latest EY Mobility Consumer Index. It shows that 46% of respondents planning to buy a car will choose an EV, up 11% per cent from 2021. The EV interest in Canada may lag the global average of 52%, but it exceeds purchase sentiment in the US (29%) and Australia (38%). Though, intention varies by region. Respondents in BC (54%) and Quebec (51%) express the most interest in purchasing an EV, while Prairies demonstrate the least (25%). "These findings mark a tipping point in the car-buying market," explains Jennifer Rogers, Automotive Leader at EY Canada. "Despite the drop in consumer travel over the past two years, preferences for car ownership — especially EVs — is growing stronger. Environmental preferences are increasing while costs are lowering, creating a ripe opportunity for consumers looking to make a purchase. In Canada, however, there's still a way to go before the necessary infrastructure is in place achieve rapid adoption across the country." Environment still the top motivator for purchase The survey finds environmental concerns (38%) are still the top factor leading Canadian consumers to consider buying an EV. While rising costs associated with internal combustion engine (ICE) vehicles (37%) emerges a new factor this year. "There's no doubt that gas price rises have played their part in making ICEs more expensive, but environmental concerns also remain top of the list of motivators," says Rogers. "Consumers are becoming increasingly socially and environmentally conscious, and they're willing to pay a premium to meet their environmental standards. It's now up to the industry to meet this demand amid rising geopolitical risks and ongoing supply chain disruptions." Cost concerns fade Upfront cost continues to be the biggest inhibitor to purchase (38%), however, that's lowered considerably from 66% last year. In fact, a growing number of Canadians say they're willing to spend more to get what they want — with 80% saying they would pay a premium and nearly two-thirds of consumers willing to pay up to 20% more than they would for an ICE vehicle. Charging stations and range anxiety preventing purchases Meanwhile, concerns around limited charging infrastructure have risen in 2022. Lack of easily accessible charging stations along travel routes (36%) and the absence of adequate home and work charging infrastructure (27%) are growing as the top inhibitors to EV purchase. "The speed of this change has been eye-opening," adds Rogers. "As cost becomes less of a factor and more Canadians seriously consider EVs as their next vehicle purchase, it's important that our charging infrastructure and manufacturing capabilities adjust in the face of this demand." About EY EY exists to build a better working world, helping create long-term value for clients, people and society and build trust in the capital markets. Enabled by data and technology, diverse EY teams in over 150 countries provide trust through assurance and help clients grow, transform and operate. Working across assurance, consulting, law, strategy, tax and transactions, EY teams ask better questions to find new answers for the complex issues facing our world today. EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. Information about how EY collects and uses personal data, and a description of the rights individuals have under data protection legislation are available via ey.com/privacy. EY member firms do not practice law where prohibited by local laws. For more information about our organization, please visit ey.com. Follow us on Twitter @EYCanada. This news release has been issued by Ernst & Young LLP.

To: Goose94 who wrote (126957)	8/17/2022 6:33:59 PM
From: Goose94	Respond to of 202374

Winnebago Industries (WGO-NY) Board of Directors approves 50% increase to Quarterly Cash Dividend and a new $350 Million Share Repurchase Authorization Aug 17, '22 - NR Winnebago Industries, a leading outdoor lifestyle product manufacturer, today announced that the Company’s Board of Directors approved a quarterly cash dividend of $0.27 per share payable on September 28, 2022, to common stockholders of record at the close of business on September 14, 2022. Today’s dividend declaration represents a 50% or $0.09 per share increase from the previous quarter. This increase follows the 50% increase that the Company announced in the prior year. With this announcement, Winnebago Industries has paid a quarterly cash dividend to common stockholders of record for the last 33 quarters. In addition, the Board of Directors approved a new share repurchase authorization of up to $350 million of the Company’s common stock. The share repurchase authorization replaces the previous $200 million share repurchase program that was fully depleted with $80 million of share repurchase completed in the fourth quarter of fiscal 2022. “This significant dividend increase and new share repurchase authorization reflect Winnebago Industries’ strong performance, our confidence in the business, and our commitment to creating value for shareholders,” said President and Chief Executive Officer Michael Happe. “These actions exemplify the optimism we have in our future performance driven by our belief in the sustained health of the outdoor industries we serve. Our portfolio of premium outdoor lifestyle brands is well-positioned for continued growth and market-share accretion. With solid cash flow, enhanced liquidity with a recently expanded $350 million credit agreement, and a low net leverage ratio, we have a strong, healthy balance sheet, and we will continue to pursue organic and inorganic growth opportunities.” Winnebago Industries may make purchases under the repurchase program from time to time in the open market or through negotiated transactions, including block purchases or private transactions, accelerated share repurchase programs, Rule 10b5-1 plans and such other means and facilities. The actual timing, number, manner, and value of any shares repurchased under the repurchase program will be determined by management and will depend on several factors, including the market price of the Company’s common stock, general market and economic conditions, the Company’s liquidity requirements, applicable legal requirements, and other business considerations. The repurchase program has no termination date and does not obligate Winnebago Industries to acquire any number of shares in any specific period, or at all, and may be suspended or discontinued at any time at the Company’s discretion. About Winnebago Industries Winnebago Industries, Inc. is a leading North American manufacturer of outdoor lifestyle 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 quality motorhomes, travel trailers, fifth-wheel products, pontoon boats, inboard/outboard and sterndrive powerboats, and commercial community outreach vehicles. 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 globenewswire.com. Investor Relations Contact: Steve Stuber - 952-828-8461 – srstuber@wgo.net Media Contact: Amber Holm – 651-350-2205 - acholm@wgo.net