Thor Industries Faces Bumpy Road Ahead: Q4 Earnings Beat, But FY25 Forecast Falls Short [Yahoo! Finance]
Thor Industries, Inc. (THO)
Last thor industries, inc. earnings: 3/9 06:30 am
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US:NYSE Investor Relations:
ir.thorindustries.com/home/default.aspx
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Source: Yahoo! Finance
The company reported fourth-quarter earnings per share of $1.68, beating the street view of $1.43 . Quarterly sales of $2.534 billion (down 7.4%) outpaced the analyst consensus of $2.471 billion. North American Towable RV net sales were up 0.1% for the fourth quarter, North American Motorized RV net sales decreased 21.2%, and European RV net sales decreased 7.4% on a year over year basis. Quarterly gross profit margin expanded by 140 basis points to 15.8%. “We realized strong margin performance relative to the current market conditions as our teams executed on strategic initiatives designed to maximize our operational efficiency. This long-term focus puts THOR in a strong position for our Fall Open House event and the coming winter season,” said Bob Martin, President and CEO of the company. Thor Industries exited the quarter with cash and equivalents worth $501.32 million. Inventories as of quarter end totaled $1.366 billion. Outlook: Thor Industries anticipates fiscal year 2
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THO
News
- THOR Industries Announces Date for Its Fiscal 2025 First Quarter Earnings Release [Yahoo! Finance]Yahoo! Finance
- THOR Industries Announces Date for Its Fiscal 2025 First Quarter Earnings ReleaseGlobeNewswire
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- Calculating The Fair Value Of THOR Industries, Inc. (NYSE:THO) [Yahoo! Finance]Yahoo! Finance
- Is THOR Industries, Inc. (THO) The Best RV and Camping Stock To Buy Now? [Yahoo! Finance]Yahoo! Finance
THO
Earnings
- 9/24/24 - Beat
THO
Sec Filings
- 11/14/24 - Form SC
- 11/6/24 - Form DEFA14A
- 11/6/24 - Form DEF
- THO's page on the SEC website