THOR Industries Continues to Achieve Excellent Financial Results With Net Sales of $3.88 Billion, Consolidated Gross Profit Margin of 17.4%, and Earnings per Share of $4.79 for the Second Quarter of F

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Go back to THOR Industries Continues to Achieve Excellent Financial Results With Net Sales of $3.88 Billion, Consolidated Gross Profit Margin of 17.4%, and Earnings per Share of $4.79 for the Second Quarter of F

Thor Industries Inc. (THO) PT Lowered to $140 at BMO Capital

March 9, 2022 4:28 PM EST

BMO Capital analyst Gerrick Johnson lowered the price target on Thor Industries Inc. (NYSE: THO) to $140.00 (from $175.00) while maintaining an Outperform rating following strong results as the backlog has begun to moderate.

The analyst commented, "THO crushed expectations yet again, as... More

Thor Industries (THO) Tops Q2 EPS by $1.40

March 9, 2022 6:31 AM EST

Thor Industries (NYSE: THO) reported Q2 EPS of $4.79, $1.40 better than the analyst estimate of $3.39. Revenue for the quarter came in at $3.88 billion versus the consensus estimate of $3.56 billion.

Outlook:

We remain very optimistic about the growth of the RV industry for 2022 and in the long term, Woelfer continued. We continue to agree with the RV Industry Association forecast which projects total North American wholesale RV shipments ranging between 578,800 and 603,300 units with a most likely total of 591,100 units. This forecast represents the second best year on record for wholesale... More