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0 0 0.0121055765032744 -0.000297678110736268 0.0134947410200437 0.00704504862075817 0.00714427465767016 0.00218297281206587
Stock impact report

The RV sector is on watch after Thor Industries warns on industry headwinds [Seeking Alpha]

Thor Industries, Inc. (THO) 
Last thor industries, inc. earnings: 3/9 06:30 am Check Earnings Report
US:NYSE Investor Relations: ir.thorindustries.com/home/default.aspx
Company Research Source: Seeking Alpha
The company's management noted that the macroeconomic challenges facing its independent dealers and end consumers have been an impediment to the industry for an extended period of time. In the North American Towable RVs segment, unit shipments were up 16.3% year-over-year for the quarter that ended on July 31 and net sales rose 0.1% to $932K. Shipment growth was offset by a 16.2% decrease in the overall net price per unit. The decrease in the overall net price per unit was primarily due to the combined impact of a shift in product mix toward Thor's ( THO ) lower-cost travel trailers along with sales price reductions compared to the prior-year period. In the North American Motorized RVs segment, unit shipments were down 25.1% year-over-year and net sales were down 21.2%. Current dealer and consumer demand was noted to have softened in comparison to the prior-year period, partially offset by a 3.9% increase in net price per unit. Consolidated gross profit margin for the quarter wa Show less Read more
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