Thor Industries is a leading manufacturer of recreational vehicles (RVs), specializing in a diverse range of travel trailers, fifth wheels, and motorhomes
The company operates through a network of subsidiary brands, each known for their quality craftsmanship and innovative designs that cater to outdoor enthusiasts and travelers. Thor Industries is committed to enhancing the RV experience by providing a variety of models that suit differing lifestyles and preferences, while also focusing on sustainability and customer satisfaction in the ever-growing RV market.
RV manufacturer Thor Industries (NYSETHO) reported Q4 CY2024 results beating Wall Street’s revenue expectations, but sales fell by 8.6% year on year to $2.02 billion. Its GAAP loss of $0.01 per share was significantly below analysts’ consensus estimates.
Thor Industries reported sales of $2.143B, down 14.3% Y/Y, also missed analyst consensus of $2.241B. Despite challenges, CEO remains optimistic about future growth.
Thor Industries reported Q4 EPS of $1.68, beating estimates, while sales declined to $2.534 billion, and the company anticipates FY25 sales between $9.0 billion and $9.8 billion.
After the market ended at a fresh record on Monday, traders have positioned themselves for more gains. The index futures are modestly higher early Tuesday. China, the second largest economy in the world, decided to go bold, with the nation’s central bank announcing a series of stimulatory measures. This has sent commodities soaring, given China is a commodity-guzzling country.
