Thor Industries (THO) Tops Q1 EPS by 82c; Guides

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THOR Industries Announces First Quarter Fiscal 2023 Results

December 7, 2022 6:30 AM EST

ANNOUNCES FULL-YEAR FISCAL 2023 OUTLOOK AMID CHALLENGING ENVIRONMENT

Net sales for the first quarter were $3.11 billion, a decrease of 21.5% compared to the record first quarter of fiscal 2022 but an increase of 22.5% over the same quarter of fiscal year 2021.Consolidated gross profit margin for the first quarter was 15.7%, a decrease of 90 basis points when compared to the first quarter of fiscal year 2022 but an 80 basis point improvement over the first quarter of fiscal year... More