Thor Industries(THO)
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RV Maker Thor Industries Posts Unexpected Loss Amid 'Soft' Retail Environment
Investopedia· 2024-12-04 18:10
Group 1 - Thor Industries reported a fiscal first-quarter loss of $1.8 million or 3 cents per share, contrasting with a profit of $53.57 million or 99 cents per share a year earlier, and below the analyst expectation of a profit of $33.58 million or 64 cents per share [1][2][3] - Revenue for Thor Industries fell 14% year-over-year to $2.14 billion, which was below the analyst consensus [2][3] - CEO Bob Martin indicated that the disappointing results were due to a "soft retail and wholesale environment" and stated that the company would avoid increasing independent dealer inventory levels until market conditions improve [1][3] Group 2 - Thor Industries reiterated its full-year revenue forecast of $9 billion to $9.8 billion and earnings per share (EPS) estimate of $4 to $5, while analysts had projected $9.7 billion in revenue and EPS of $4.70 prior to the results [3] - Shares of Thor slid around 2% intraday on the day of the announcement and have fallen more than 9% in 2024 [4]
Compared to Estimates, Thor Industries (THO) Q1 Earnings: A Look at Key Metrics
ZACKS· 2024-12-04 15:30
Thor Industries (THO) reported $2.14 billion in revenue for the quarter ended October 2024, representing a year-over-year decline of 14.3%. EPS of $0.26 for the same period compares to $0.99 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $2.25 billion, representing a surprise of -4.64%. The company delivered an EPS surprise of -61.19%, with the consensus EPS estimate being $0.67.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- a ...
THOR Industries Announces First Quarter Fiscal 2025 Results
GlobeNewswire News Room· 2024-12-04 11:30
Fiscal 2025 First Quarter Highlights($ in thousands, except for per share data) Three Months Ended October 31, 2024 2023 Net Sales$2,142,784 $2,500,759 Gross Profit$281,442 $357,932 Gross Profit Margin % 13.1% 14.3% Net Income (Loss) Attributable to THOR$(1,832) $53,565 Diluted Earnings (Loss) Per Share$(0.03) $0.99 Cash Flows from Operations$30,740 $59,668 EBITDA(1)$81,733 $160,057 Adjusted EBITDA(1)$107,782 $166,918 (1) See reconciliation of non-GAAP measures to most directly com ...
Thor Industries (THO) Q1 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
ZACKS· 2024-11-28 15:20
Wall Street analysts expect Thor Industries (THO) to post quarterly earnings of $0.67 per share in its upcoming report, which indicates a year-over-year decline of 32.3%. Revenues are expected to be $2.25 billion, down 10.1% from the year-ago quarter.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.Before a company reveals its earnings, it is v ...
THOR Industries Announces Date for Its Fiscal 2025 First Quarter Earnings Release
GlobeNewswire News Room· 2024-11-20 11:30
ELKHART, Ind., Nov. 20, 2024 (GLOBE NEWSWIRE) -- THOR Industries, Inc. (NYSE: THO) today announced that the date for its fiscal 2025 first quarter earnings release will be on Wednesday, December 4, 2024, before the market opens. Upon the release of THOR's fiscal 2025 first 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 to ...
THOR INDUSTRIES ISSUES SEVENTH ANNUAL SUSTAINABILITY REPORT
Prnewswire· 2024-10-29 15:00
Company delivers world's first electric vehicle prototypes as leader in eMobility ELKHART, Ind., Oct. 29, 2024 /PRNewswire/ -- For nearly 45 years, THOR Industries has utilized responsible and sustainable business practices in its operations as its products inspire people to connect with nature and one another to Go Everywhere. Stay Anywhere®. Today, THOR Industries, Inc. (NYSE: THO), the world's largest recreational vehicle (RV) manufacturer, published its seventh annual sustainability report detailing the ...
Why Is Thor Industries (THO) Down 2.1% Since Last Earnings Report?
ZACKS· 2024-10-24 16:31
A month has gone by since the last earnings report for Thor Industries (THO) . Shares have lost about 2.1% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is Thor Industries due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Thor Q4 Earnings Beat EstimatesThor reported ...
Bear of the Day: Thor Industries (THO)
ZACKS· 2024-10-10 15:47
Thor Industries ((THO) is the largest maker of recreational vehicles in the world, with $10 billion in annual sales through various subsidiaries including Airstream, Thor Motor Coach, Tiffin Motorhomes, DRV, Keystone, Heartland, KZ and Jayco. Thor was a giant winner in the pandemic environment when more people, from the retired to the merely remote, hit the road. Sales surged to over $16 billion and profit hit a trailing 12-month peak over $20 EPS. The Zacks Rank identified a downward revision trend in EPS ...
THOR Industries Announces Increased Regular Quarterly Dividend
GlobeNewswire News Room· 2024-10-08 12:16
ELKHART, Ind., Oct. 08, 2024 (GLOBE NEWSWIRE) -- THOR Industries, Inc. (NYSE: THO) today announced that its Board of Directors approved, at its October 8, 2024 meeting, the payment of a regular quarterly cash dividend of $0.50 per share. The new quarterly dividend amount represents a 4.2% increase from the previous quarterly dividend amount of $0.48. The regular cash dividend is payable on November 15, 2024, to shareholders of record at the close of business on November 1, 2024. About THOR Industries, Inc. ...
Thor Q4 Earnings Surpass Expectations, Revenues Decline Y/Y
ZACKS· 2024-09-25 15:35
Thor Industries, Inc. (THO) reported earnings of $1.68 per share for the fourth quarter of fiscal 2024 (ended July 31, 2024), which beat the Zacks Consensus Estimate of $1.35. The bottom line remained flat from the yearago quarter's earnings. The company registered revenues of $2.53 billion for the fiscal fourth quarter, surpassing the Zacks Consensus Estimate of $2.46 billion. The top line, however, declined 7.4% year over year. Segmental Results North American Towable RVs: Revenues from the segment came i ...