Bear of the Day: THOR Industries (THO)

THOR Industries, Inc. (THO) is facing industry headwinds as higher interest rates hit the demand for RVs. This Zacks Rank #5 (Strong Sell) recently cut its fiscal 2024 earnings guidance.THOR is the world's largest manufacturer of recreational vehicles, otherwise known as "RVs." It was founded on Aug 29, 1980 when it acquired the iconic brand of Airstream.Big Miss on Fiscal Q2 EarningsOn Mar 6, 2024, THOR reported its fiscal second quarter 2024 earnings and missed big on the Zacks Consensus. Earnings were $0 ...