Gabelli Downgrades Thor Industries Inc. (THO) to Hold

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Go back to Gabelli Downgrades Thor Industries Inc. (THO) to Hold

Thor Announces Record Start to Fiscal 2016

November 30, 2015 4:15 PM EST

ELKHART, Ind., Nov. 30, 2015 /PRNewswire/ -- Thor Industries, Inc. (NYSE: THO) today announced record sales, net income from continuing operations, and backlogs for the first quarter ended October 31, 2015.

First Quarter Highlights:

Sales from continuing operations for the first quarter of fiscal 2016 were $1.03 billion, up 12% from $922.0 million in the first quarter last year, as sales of towable and motorized RVs posted combined growth of 8%, including revenue from acquisitions, which was supplemented by revenues from the acquisition of Postle Aluminum. Net income from continuing operations for the first... More