Thor Industries (THO) Q2 Revenue Misses Consensus

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Go back to Thor Industries (THO) Q2 Revenue Misses Consensus

Thor Announces Results for Second Quarter of Fiscal 2019

March 6, 2019 6:45 AM EST

ELKHART, Ind., March 6, 2019 /PRNewswire/ -- Thor Industries, Inc. (NYSE: THO) today announced second- quarter results with net sales of $1.29 billion, compared with the record second-quarter revenue posted in the prior year. Net loss and diluted loss per share for the second quarter of fiscal 2019 were $(5.4) million and $(0.10), respectively. Second-quarter results reflect acquisition-related costs totaling $42.1 million, or $0.75 per share, and compare to record second-quarter net income and diluted earnings per share in the prior year of $79.8 million and $1.51, respectively.

Second quarter fiscal 2019 financial results reflect the impact of balancing production with... More