Thor Industries (THO) Tops Q3 EPS by 14c, Revenues Beat; 4Q Outlook 'Improves'

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Go back to Thor Industries (THO) Tops Q3 EPS by 14c, Revenues Beat; 4Q Outlook 'Improves'

Thor Reports a Profit and Positive Net Cash from Operations for the Third Quarter of Fiscal 2020

June 8, 2020 6:30 AM EDT

ELKHART, Ind., June 8, 2020 /PRNewswire/ -- Thor Industries, Inc. (NYSE: THO) today announced results for the third quarter of fiscal 2020, which ended April 30, 2020.

"Despite this being one of the most unusual quarters I have ever experienced, I am pleased to report that we were profitable and generated positive net cash from operations. Our financial position has remained strong as a result of numerous management-led actions that were executed quickly in conjunction with our temporary plant shut-downs in mid-March. Our results are the product of both the highly variable cost... More