Thor Announces Net Sales of $2 Billion, Improved Gross Profit Margin and Higher Backlog for the Second Quarter of Fiscal 2020

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Go back to Thor Announces Net Sales of $2 Billion, Improved Gross Profit Margin and Higher Backlog for the Second Quarter of Fiscal 2020

Thor Industries (THO) Q2 Revenue Tops Views, Offers Outlook

March 9, 2020 6:31 AM EDT

Thor Industries (NYSE: THO) reported Q2 EPS of $0.52, may not compare to the analyst estimate of $0.68. Revenue for the quarter came in at $2 billion versus the consensus estimate of $1.82 billion.

Outlook

Bob Martin noted, "The last week or two have seen a sharp increase in the concern and market reaction related to the coronavirus and the effect it may have on individuals and communities impacted by the virus, supply chains particularly for materials sourced from China or other areas that are facing increased infection rates, and on the domestic... More