Thor Industries(US:THO) Globenewswireยท2025-09-24 10:30Financial 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]