Thor Industries Net Sales Up 36%, Gross Profit Margin Improved By 240 Basis Points And Earnings Per Share Up 358% For The Second Quarter Of Fiscal 2021

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Thor Industries (THO) Tops Q2 EPS by 83c, Revenues Beat

March 9, 2021 6:32 AM EST

Thor Industries (NYSE: THO) reported Q2 EPS of $2.38, $0.83 better than the analyst estimate of $1.55. Revenue for the quarter came in at $2.73 billion versus the consensus estimate of $2.53 billion.

Second-quarter net sales were $2.73 billion, compared to $2.00 billion in the second quarter of fiscal 2020. This year's second quarter net sales include $1.37 billion for the North American Towable RV segment, $577.0 million for the North American Motorized RV segment and $733.5 million for the European RV segment.Consolidated gross profit margin increased 240 basis points to 15.2% for the second quarter of fiscal 2021, compared to 12.8% in the... More