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RV Maker Thor Industries Stock Soars as It Sees Industry Improvement Ahead
Investopedia· 2024-09-24 18:05
Key Takeaways Airstream parent Thor Industries cut costs and inventories in the fourth quarter, helping the RV maker beat profit and sales forecasts. 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 ...
THOR & Harbinger Introduce World's First Hybrid Class A Motorhome
ZACKS· 2024-09-24 15:20
THOR Industries, Inc. (THO) has solidified its leadership in recreational vehicle (RV) innovation by introducing the THOR Test Vehicle, the world's first hybrid Class A motorhome. Built on an electric vehicle (EV) platform developed in collaboration with EV manufacturer Harbinger, the vehicle features a lowemissions gasoline range extender capable of recharging the battery system, with an estimated range of 500 miles. The hybrid RVs will be available in 2025 through the THOR family of companies and are expe ...
Thor Industries (THO) Reports Q4 Earnings: What Key Metrics Have to Say
ZACKS· 2024-09-24 14:31
Thor Industries (THO) reported $2.53 billion in revenue for the quarter ended July 2024, representing a yearover-year decline of 7.5%. EPS of $1.68 for the same period compares to $1.68 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $2.45 billion, representing a surprise of +3.23%. The company delivered an EPS surprise of +24.44%, with the consensus EPS estimate being $1.35. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall St ...
Thor Industries (THO) Beats Q4 Earnings and Revenue Estimates
ZACKS· 2024-09-24 12:46
Thor Industries (THO) came out with quarterly earnings of $1.68 per share, beating the Zacks Consensus Estimate of $1.35 per share. This compares to earnings of $1.68 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 24.44%. A quarter ago, it was expected that this recreational vehicle maker would post earnings of $1.89 per share when it actually produced earnings of $2.13, delivering a surprise of 12.70%. Over the last four qu ...
Unveiling Thor Industries (THO) Q4 Outlook: Wall Street Estimates for Key Metrics
ZACKS· 2024-09-19 14:15
Wall Street analysts forecast that Thor Industries (THO) will report quarterly earnings of $1.35 per share in its upcoming release, pointing to a year-over-year decline of 19.6%. It is anticipated that revenues will amount to $2.45 billion, exhibiting a decline of 10.6% compared to the year-ago quarter. Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of ...
THOR Industries Announces Date for Its Fiscal 2024 Fourth Quarter Earnings Release
GlobeNewswire News Room· 2024-09-10 10:30
ELKHART, Ind., Sept. 10, 2024 (GLOBE NEWSWIRE) -- THOR Industries, Inc. (NYSE: THO) today announced that the date for its fiscal 2024 fourth quarter earnings release will be on Tuesday, September 24, 2024, before the market opens. Upon the release of THOR's fiscal 2024 fourth quarter earnings, the Company will concurrently publish a copy of the earnings release, a comprehensive question and answer document and a slide presentation on the Company's website. To view the quarterly earnings documents, please go ...
THOR Industries Announces Regular Quarterly Dividend
Newsfilter· 2024-06-19 12:31
Core Viewpoint - THOR Industries, Inc. has announced a regular quarterly cash dividend of $0.48 per share, which will be payable on July 18, 2024, to shareholders of record as of July 3, 2024 [1]. Company Overview - THOR Industries, Inc. is the sole owner of operating companies that collectively represent the world's largest manufacturer of recreational vehicles [2].
THOR Industries Announces Regular Quarterly Dividend
GlobeNewswire News Room· 2024-06-19 12:31
ELKHART, Ind., June 19, 2024 (GLOBE NEWSWIRE) -- THOR Industries, Inc. (NYSE: THO) today announced that its Board of Directors approved, at its June 19, 2024 meeting, the payment of a regular quarterly cash dividend of $0.48 per share. The regular cash dividend is payable on July 18, 2024, to shareholders of record at the close of business on July 3, 2024. About THOR Industries, Inc. THOR is the sole owner of operating companies which, combined, represent the world's largest manufacturer of recreational veh ...
Top 2 Cheap Dividend Growers to Buy Now and Ride Into Retirement
MarketBeat· 2024-06-14 11:10
$94.44 THOR Industries Today THO -2.92 (-3.00%) ▼ P/E Ratio 19.16 Price Target $102.00 Add to Watchlist Get THOR Industries alerts: The RV industry has had its share of ups and downs, spurred to record heights by the COVID-10 pandemic and social distancing only to contract by 50% in its wake. Today's takeaway is that the RV industry is returning to growth and is expected to accelerate over the next six quarters. As murky as the outlook for inflation and interest rates can be, it is generally accepted that t ...
Thor (THO) Q3 Earnings Beat Estimates, Guidance Revised
ZACKS· 2024-06-06 15:05
The company registered revenues of $2.80 billion for the fiscal third quarter, outpacing the Zacks Consensus Estimate of $2.72 billion. The top line declined 4.4% year over year. North American Towable RVs: Revenues from the segment came in at $1.07 billion, down 4.7% year over year due to a decrease in overall net price per unit. The figure, however, topped our estimate of $1.02 billion. North American Motorized RVs: Revenues from the segment totaled $646.9 million, which fell 18.7% year over year, owing t ...