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.
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.
Key Takeaways: New Gonow has received a key regulatory nod to list in Hong Kong, reporting rapidly improving margins as it gains economies of scale The company manufactures recreational vehicles in China for sale in Australia, and aims to eventually expand to North America and Europe By Doug Young
