Core Insights - THOR Industries, Inc. reported earnings of 41 cents per share for Q1 fiscal 2026, exceeding the Zacks Consensus Estimate of a loss of 11 cents and up from 26 cents per share in the same quarter of fiscal 2025 [1] - The company achieved revenues of $2.39 billion for the fiscal first quarter, surpassing the Zacks Consensus Estimate of $2.12 billion, representing an 11.5% year-over-year increase [1] Segmental Results - North American Towable RVs segment revenues remained flat at $897.1 million, exceeding the estimate of $810.6 million [2] - North American Motorized RVs segment revenues totaled $661.1 million, a 30.9% year-over-year increase, surpassing the estimate of $520.3 million [4] - European RVs segment revenues reached $655.5 million, an 8.4% increase from the previous year, also beating the estimate of $617.1 million [5] Profitability Metrics - Gross profit for the company totaled $119 million, a 5.8% year-over-year increase, attributed to reduced warranty and promotional expenses [3] - The North American Motorized RVs segment gross profit was $71.6 million, up 67.6% year-over-year due to volume leverage and lower warranty costs [4] - The European RVs segment gross profit fell to $77.8 million, a 16% decline year-over-year, with a pretax loss of $26.6 million compared to a pretax income of $1.18 million in the previous year [6] Financial Position - As of October 31, 2025, THOR had cash and cash equivalents of $509.9 million and long-term debt of $913.1 million [7] - The company reported an operating cash outflow of $44.9 million, contrasting with an operating cash inflow of $30.7 million in the same quarter of 2025 [7] Guidance - THOR expects fiscal 2026 consolidated net sales to be in the range of $9-$9.5 billion, down from $9.6 billion in fiscal 2025, with EPS projected between $3.75-$4.25 compared to $4.84 in fiscal 2025 [8]

Core Insights - Thor Industries, Inc. reported earnings of $2.53 per share for Q3 fiscal 2025, exceeding the Zacks Consensus Estimate of $1.79 and up from $2.13 in Q3 fiscal 2024 [1] - The company achieved revenues of $2.89 billion in Q3, surpassing the Zacks Consensus Estimate of $2.61 billion, representing a year-over-year increase of 3.2% [1] Segmental Results - **North American Towable RVs**: Revenues reached $1,168.9 million, a 9.1% increase year-over-year, driven by higher unit shipments and net price per unit, exceeding the estimate of $979.8 million [2] - **North American Motorized RVs**: Revenues totaled $666.7 million, growing 3.1% year-over-year, also surpassing the estimate of $558.9 million. However, gross profit decreased by 2% to $70.3 million due to increased sales discounting [4] - **European RVs**: Revenues fell to $883.5 million, down 5.1% year-over-year, missing the estimate of $934.8 million. Gross profit declined by 12.3% to $142.8 million, with pretax income dropping to $46.3 million from $77.4 million in the previous year [5] Financial Performance - Gross profit for the company was $174.3 million, a 26.2% increase year-over-year, with pretax income rising to $97.6 million from $68.4 million in the prior year [3] - As of April 30, 2025, Thor had cash and cash equivalents of $508.3 million and long-term debt of $1 billion, with operating cash inflow of $257.7 million compared to $251.7 million in the same quarter of 2024 [6] Guidance - Thor reiterated its fiscal 2025 guidance, projecting consolidated net sales between $9 billion and $9.5 billion, with a gross profit margin expected to be between 13.8% and 14.5%. EPS is anticipated to be in the range of $3.30 to $4 [7]