Thor Industries (THO) Tops Q4 EPS by 3c

Thor Industries (NYSE: THO) reported Q4 EPS of $1.25, $0.03 better than the analyst estimate of $1.22. Revenue for the quarter came in at $1.04 billion versus the consensus estimate of $1.07 billion.

"Thor had a successful year in fiscal 2014, with solid growth in revenues and earnings on both the towable and motorized sides of our business," said Bob Martin, Thor President and CEO. "During the year, we successfully completed three strategic towable acquisitions, expanded our production footprint with the Wakarusa and Elkhart production facilities and consolidated three west coast facilities, providing us with a strong base to support our future growth. Given the recent successful dealer Open House in Elkhart, our current line-up of innovative products, our strong dealer relationships and upcoming initiatives to better connect with consumers, we are well positioned for continued success in fiscal 2015," he added.

Consolidated backlog on July 31, 2014 was $538.1 million, up 22% from $441.5 million at the end of fiscal 2013. Towable RV backlog increased 30% to $296.8 million, compared to $228.4 million at the end of fiscal 2013. Motorized RV backlog increased 13% to $241.3 million from $213.1 million a year earlier.

For earnings history and earnings-related data on Thor Industries (THO) click here.

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