Financial Performance - THOR Industries reported net sales of $2.52 billion for the fourth quarter of fiscal 2025, a slight decrease of 0.4% compared to $2.53 billion in the same quarter of fiscal 2024 [1][4] - The company's gross profit for the fourth quarter was $370.9 million, down 7.6% from $401.3 million year-over-year, resulting in a gross profit margin of 14.7% [1][21] - Net income attributable to THOR increased by 39.7% to $125.8 million in the fourth quarter, compared to $90.0 million in the prior year [1][21] - Diluted earnings per share rose by 40.5% to $2.36, up from $1.68 in the same quarter last year [1][21] Segment Performance - North American Towable RVs segment net sales decreased by 4.6% to $888.7 million in the fourth quarter, with unit shipments down 10.1% [9][10] - The North American Motorized RVs segment saw a 7.8% increase in net sales to $557.4 million, driven by a 15.9% rise in unit shipments [10][11] - European RVs segment net sales fell by 2.2% to $923.1 million, impacted by a 14.1% decline in unit shipments [12] Operational Highlights - The company generated $577.9 million in cash from operations for the fiscal year, which was used to invest in the business, return capital to shareholders, and reduce debt [6][7] - THOR reduced total debt obligations by approximately $237.0 million during fiscal 2025 [6] - The company launched a strategic organizational restructuring plan aimed at optimizing its enterprise structure and strengthening its brand portfolio [6][7] Future Outlook - For fiscal 2026, THOR Industries provided guidance for consolidated net sales in the range of $9.0 billion to $9.5 billion, with diluted earnings per share projected between $3.75 and $4.25 [13][14] - The guidance assumes a low- to mid-single digit retail decline in North America while maintaining stable market share [14]

Group 1 - Cintas Corp. is expected to report quarterly earnings of $1.19 per share on revenue of $2.70 million [2] - Micron Technology Inc. reported fourth-quarter revenue of $11.32 billion, exceeding analyst estimates of $11.22 billion, with adjusted earnings of $3.03 per share, surpassing expectations of $2.86 per share [2] - Thor Industries Inc. is anticipated to post earnings of $1.24 per share on revenue of $2.33 billion for the latest quarter [2] - AAR Corp. reported positive earnings for the first quarter, although shares fell by 0.7% in after-hours trading [2] - KB Home is expected to report quarterly earnings of $1.50 per share on revenue of $1.59 billion [2]

Core Viewpoint - Thor Industries, Inc. is a leading player in the recreational vehicle (RV) industry, showing strong financial health and positive market momentum despite some cautious outlooks from analysts [1][5]. Company Overview - Thor Industries is known for its diverse range of RV products, including travel trailers and motorhomes, and operates in the U.S., Canada, and Europe [1]. - The company competes with other RV manufacturers such as Winnebago Industries and Forest River [1]. Market Performance - The consensus price target for Thor Industries' stock has increased from $91.36 to $104 over the past year, indicating analysts' optimism about the company's growth potential [2][6]. - Citigroup has set a lower price target of $86, reflecting a more cautious outlook, particularly as the company is expected to report a decline in fourth-quarter earnings [3][6]. - Despite the cautious outlook, Thor's stock price increased by 3.2% in the last trading session, driven by higher-than-average trading volume [3][6]. Financial Performance - Thor Industries has demonstrated strong momentum with a year-to-date stock increase of 17% and a 37% surge over the past three months [4][6]. - The company's third-quarter performance was robust, with net sales rising by 3.3% and the North America Towable segment boosting the gross margin to 15.3% [4]. - Financial health remains solid, with increased cash reserves and positive free cash flow, alongside stock buybacks to enhance share prices [5][6]. Segment Analysis - Backlogs have decreased across all segments, although the European segment showed quarter-over-quarter improvement [4].

Group 1 - THOR Industries is set to release its fourth-quarter earnings on September 24, with expected earnings of $1.23 per share, a decrease from $1.68 per share in the same period last year [1] - The company projects quarterly revenue of $2.32 billion, down from $2.53 billion a year earlier [1] - On June 23, THOR Industries announced a re-authorization of a $400 million share buyback [1] Group 2 - THOR Industries shares fell 0.9% to close at $102.73 [2] - Analysts have provided various ratings and price targets for THOR Industries, with Citigroup maintaining a Neutral rating and raising the price target from $100 to $112 [4] - Truist Securities maintained a Hold rating and increased the price target from $86 to $115, while Roth Capital cut the price target from $82 to $77 [4] - Baird downgraded the stock from Outperform to Neutral and cut the price target from $100 to $85, and BMO Capital maintained an Outperform rating but reduced the price target from $120 to $105 [4]

Core Insights - Thor Industries (THO) is expected to report quarterly earnings of $1.16 per share, reflecting a year-over-year decline of 31% [1] - Revenue projections stand at $2.31 billion, down 8.7% from the same quarter last year [1] - Analysts have adjusted the consensus EPS estimate upward by 30.9% over the past 30 days, indicating a reassessment of initial projections [1][2] Revenue and Sales Projections - The consensus estimate for 'Net Sales- Recreational Vehicles- North American Towable' is $853.43 million, indicating a decline of 8.4% year-over-year [4] - 'Net Sales- Total Recreational Vehicles' is projected to reach $2.17 billion, down 9.3% from the prior year [4] - 'Net Sales- Recreational Vehicles- North American Motorized' is expected to be $455.49 million, reflecting a 12% decrease from the previous year [5] - 'Net Sales- Other' is estimated at $201.27 million, suggesting a slight increase of 0.5% year-over-year [5] - 'Net Sales- Recreational Vehicles- European' is projected at $861.41 million, down 8.7% from the year-ago quarter [5] - Combined 'Net Sales- Recreational Vehicles- Total North America' is expected to be $1.31 billion, indicating a decline of 9.7% year-over-year [6] Units Sales Projections - 'Units sales - Recreational Vehicles - European' is estimated at 13,647, down from 14,982 in the same quarter last year [6] - 'Units sales - Recreational Vehicles - North American Towable' is projected to be 26,945, compared to 28,572 reported last year [7] - Total 'Units sales - Total' is expected to reach 43,995, down from 47,331 in the same quarter last year [7] - 'Units sales - Total Recreational Vehicles (Total North America)' is forecasted at 30,348, down from 32,349 in the same quarter last year [8] - 'Units sales - Recreational Vehicles - North American Motorized' is estimated at 3,403, compared to 3,777 reported last year [8] Profit Projections - 'Gross Profit- Recreational Vehicles- European' is expected to be $143.84 million, down from $176.14 million in the previous year [9] Stock Performance - Over the past month, shares of Thor Industries have returned -1.3%, while the Zacks S&P 500 composite has increased by 3% [10] - Currently, THO holds a Zacks Rank 3 (Hold), suggesting its performance may align with the overall market in the near future [10]

Core Viewpoint - Thor Industries (THO) is anticipated to report a year-over-year decline in earnings due to lower revenues for the quarter ended July 2025, with the consensus outlook indicating potential impacts on the stock price based on actual results compared to estimates [1][2]. Earnings Expectations - The earnings report is scheduled for release on September 24, and better-than-expected key numbers could lead to a stock price increase, while a miss may result in a decline [2]. - The consensus estimate for quarterly earnings is $1.16 per share, reflecting a year-over-year decrease of 31%, with revenues expected to be $2.31 billion, down 8.7% from the previous year [3]. Estimate Revisions - Over the last 30 days, the consensus EPS estimate has been revised 28.4% higher, indicating a reassessment by analysts of the company's earnings prospects [4]. - The Most Accurate Estimate for Thor Industries is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -0.43%, suggesting a bearish outlook from analysts [12]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that a positive or negative reading can predict deviations from consensus estimates, with positive readings being more reliable [9][10]. - Thor Industries currently holds a Zacks Rank of 3, which complicates predictions of an earnings beat given the negative Earnings ESP [12]. Historical Performance - In the last reported quarter, Thor Industries exceeded expectations by posting earnings of $2.77 per share against an expected $1.79, resulting in a surprise of +54.75% [13]. - Over the past four quarters, the company has beaten consensus EPS estimates twice [14]. Conclusion - While Thor Industries does not appear to be a strong candidate for an earnings beat, investors should consider other factors influencing stock performance ahead of the earnings release [17].

Group 1 - Thor Industries (THO) shares increased by 3.2% to close at $110.36, following a notable trading volume, contrasting with a 2% loss over the past four weeks [1] - The company has expanded its market presence through strategic acquisitions, including EHG and TiffinHomes, making it the world's largest RV manufacturer and enhancing its product portfolio [2] - The acquisition of Airxcel has improved the supply chain and diversified revenue streams, particularly in the aftermarket sector [2] Group 2 - Thor Industries is projected to report quarterly earnings of $1.16 per share, reflecting a year-over-year decline of 31%, with expected revenues of $2.31 billion, down 8.7% from the previous year [3] - The consensus EPS estimate for Thor Industries has been revised 28.4% higher in the last 30 days, indicating a potential for price appreciation [4] - The company holds a Zacks Rank of 3 (Hold), indicating a neutral outlook compared to other stocks in the same industry [5] Group 3 - Cavco (CVCO), a competitor in the same industry, closed 2.6% higher at $554.22, with a 9% return over the past month [5] - Cavco's consensus EPS estimate remains unchanged at $6.3, representing a 19.3% increase from the previous year [6]

Core Viewpoint - THOR Industries, Inc. will release its fiscal 2025 fourth quarter earnings on September 24, 2025, before the market opens [1]. Group 1: Earnings Release Information - The earnings release will be accompanied by a comprehensive question and answer document and a slide presentation available on the company's website [2]. - Interested parties can access the quarterly earnings documents at http://ir.thorindustries.com/ [2]. Group 2: Company Overview - THOR Industries is the sole owner of operating subsidiaries that collectively represent the world's largest manufacturer of recreational vehicles [3].

Core Insights - Thor Industries (NYSE: THO) has demonstrated strong performance, with a year-to-date increase of 17% [1] - In the past month, THO has risen by 14.6%, and over the last three months, the stock has increased by more than 37% [1] Company Performance - The stock performance indicates strong signs of growth and investor confidence in Thor Industries [1] Analyst Focus - The analysis emphasizes the importance of uncovering undervalued opportunities and exploring unique business models within the Nordic market and U.S. growth stocks [1]

Core Insights - THOR Industries and Harbinger have won Fast Company's 2025 World Changing Ideas Awards for their innovative Hybrid RV, which addresses sustainability challenges in the RV industry [1][2][4] Company Overview - THOR Industries is the world's largest RV manufacturer, owning multiple operating companies [6] - Harbinger is an American commercial electric vehicle company focused on medium-duty EVs, aiming to transform the industry with proprietary technologies [7] Product Innovation - The Hybrid RV is the world's first hybrid electric Class A motorhome, featuring Harbinger's advanced EV chassis and a low-emissions gasoline range extender, providing an estimated 500 miles of range, including 150 all-electric miles [3] - The vehicle supports flexible charging options, including grid integration, solar power, and off-grid capabilities, enhancing the RV travel experience [3] Strategic Partnership - The collaboration between THOR and Harbinger reflects a commitment to pioneering an electrified RV ecosystem, focusing on innovative chassis technology and enhanced design [4] - Both companies emphasize the importance of long-term investment in innovation to maintain competitive advantage in the RV market [4][5] Recognition and Impact - The World Changing Ideas Awards recognized 100 outstanding projects from over 1,500 entries, highlighting the impact, sustainability, design, creativity, scalability, and societal improvement of the winners [4]