Thor Industries (THO) Tops Q1 EPS by $1.09
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Go back to Thor Industries (THO) Tops Q1 EPS by $1.09
December 9, 2021 8:41 AM EST
BMO Capital analyst Gerrick Johnson raised the price target on Thor Industries Inc. (NYSE: THO) to $175.00 (from $166.00) while maintaining an Outperform rating following strong results.
The analyst commented, "THO exceeded financial expectations yet again, posting significant y/y expansion across almost all... More
December 7, 2021 4:31 PM EST
THOR Industries, Inc. (NYSE: THO) today announced the acquisition of Elkhart, Indiana-based Elkhart Composites, Inc. by THOR's Airxcel, Inc. subsidiary. Elkhart Composites is engaged in the development and sale of a proprietary sustainable foamed polypropylene-based composite material marketed and sold under the "Elkboard" brand name. Lightweight, rigid, and durable, Elkboard is used in the RV industry for sidewalls, helping to alleviate the industry's dependence on traditional lauan-based sidewalls. Unlike traditional lauan-based sidewalls, Elkboard is a sustainable solution and is not susceptible to rot or delamination.
"We are excited about this acquisition for so... More
