Thor Industries (THO) Tops Q4 EPS by 73c, Offers Guidance

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THOR Industries Announces Fourth Quarter and Fiscal 2023 Results

September 25, 2023 4:10 PM EDT

Fourth Quarter Results Underscore Continued Strong European Segment Performance and Solid Execution Within North American Down-Cycle as Company Remains Focused on Effective Capital Management Including Investments in Growth, Repaying Debt and Returning Cash to Shareholders

Fiscal Fourth Quarter 2023 Highlights

Net sales for the fourth quarter were $2.74 billion, a decrease of 28.4% compared to the record fourth quarter of fiscal 2022.Consolidated gross profit margin for the fourth quarter was 14.4%, a decrease of 310 basis points when compared to the fourth quarter of fiscal year 2022.Net income attributable to THOR Industries... More