BMO Capital Downgrades Thor Industries Inc. (THO) to Market Perform

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Thor Announces Record Results For Third Quarter And First Nine Months Of Fiscal 2016

June 6, 2016 4:15 PM EDT

ELKHART, Ind., June 6, 2016 /PRNewswire/ -- Thor Industries, Inc. (NYSE: THO) today announced net income from continuing operations of $79.2 million, or $1.51 per diluted share, on revenues of $1.28 billion for the third quarter ended April 30, 2016.  Net income from continuing operations increased 24.6% on sales growth of 9.4% when compared with the third quarter of last year.  Diluted earnings per share from continuing operations in the third quarter increased 26.9% compared to the previous year.  Diluted earnings per share, including the loss from discontinued operations in the quarter, also rose 27.4% to $1.49 compared with the third quarter... More