RV Maker Thor Industries Stock Soars as It Sees Industry Improvement Ahead [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's gross profit margin increased 140 basis points from 2023. Thor's COO predicted a rebound in the slumping RV industry "in the latter half of calendar 2025 and the beginning of our fiscal 2026." Airstream parent Thor Industries ( THO ) shares jumped Tuesday when the maker of recreational vehicles (RVs) reported better-than-expected results and gave a positive longer-term outlook as it controlled costs and inventory. The company posted fourth-quarter earnings per share (EPS) of $1.68, easily beating the $1.28 average estimate of analysts surveyed by Visible Alpha. Revenue fell 7.4% year-over-year to $2.53 billion, but that also exceeded forecasts. Gross profit margin jumped 140 basis points (bps) to 15.8%, boosted by a favorable last in, first out (LIFO) inventory adjustment that came about by reductions in inventory levels and an improved warranty cost percentage. CEO 'Very Optimistic' About Consumer Interest in RV Lifestyle Thor Chief Executive Officer (CEO)
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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
- Jayco brands, personnel receive awards [Yahoo! Finance]Yahoo! Finance
- 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