Thor Earnings Reports

Thor Industries delivered stronger-than-expected Q1 results with $2.39B in revenue and $21.7M in net income, supported by improved market share and margin gains in North America.

Thor Industries saw stable revenue and a notable increase in net income in Q4 FY2025, driven by improved dealer inventory turns and early success of strategic initiatives in the North American market.

Thor delivered stronger-than-expected Q3 results, driven by margin improvements and operational efficiency, despite a challenging macroeconomic backdrop.

Thor Industries faced a challenging Q2 2025, with an 8.6% YoY revenue decline and a net loss of $0.6 million. The North American Towable segment showed strong growth, but this was offset by declines in the North American Motorized and European RV segments. The company maintained a stable gross margin despite market challenges and focused on strategic actions to strengthen dealer relationships and optimize its market position.

THOR Industries reported a decrease in net sales to $2.14 billion, a net loss of $(1.8) million, and a gross profit margin of 13.1% for the first quarter of fiscal 2025. The company focused on aligning production with the current retail environment and managing inventory levels.

Thor Industries reported fourth-quarter fiscal 2024 results with net sales of $2.53 billion, compared to $2.74 billion for the fourth quarter of fiscal 2023. Net income attributable to Thor Industries, Inc. and diluted earnings per share for the fourth quarter of fiscal 2024 were $90.0 million and $1.68, respectively, compared to $90.3 million and $1.68, respectively, for the fourth quarter of fiscal 2023.

Thor Industries reported Q3 fiscal 2024 results with net sales of $2.80 billion and earnings per share of $2.13. The company continues to manage production and work with dealers to maintain retail pull-through amidst challenging macroeconomic conditions.

Thor Industries reported net sales of $2.21 billion for the second quarter of fiscal 2024, a decrease from $2.35 billion in the same period last year. Net income was $7.2 million, or $0.13 per share, compared to $27.1 million, or $0.50 per share, in the prior year. The company is lowering its fiscal year 2024 guidance to reflect a more conservative outlook on North American industry wholesale shipments.

Thor Industries reported first quarter fiscal 2024 results with net sales of $2.50 billion, a decrease from $3.11 billion in the prior year. Net income was $53.6 million, or $0.99 per share, compared to $136.2 million, or $2.53 per share, in the first quarter of fiscal 2023. The company reaffirmed its full-year fiscal 2024 guidance.

Thor Industries' Q4 results showed strong performance in the European segment and solid execution in North America amidst a down-cycle. The company focused on reducing channel inventory and managing costs, leading to a strong cash flow and debt reduction.

Thor Industries reported consolidated net sales of $2.93 billion and net income of $120.7 million for the third quarter of fiscal 2023. The company's performance was driven by solid operational execution and strong results from its European segment, while navigating challenging market conditions and managing production levels in North America.

THOR Industries announced financial results for its second fiscal quarter ended January 31, 2023. The company generated positive cash flow and maintained a strong liquidity profile despite a challenging market environment.

THOR Industries announced its Q1 fiscal year 2023 results, with net sales of $3.11 billion and net income of $136.2 million. The company is facing macroeconomic headwinds, but remains confident in its ability to navigate the challenges.

Thor Industries reported record financial results for the fourth fiscal quarter and fiscal year ended July 31, 2022. Net sales eclipsed $16 billion and net income attributable to THOR exceeded $1 billion for the first time in the Company’s history.

THOR Industries reported record financial results for its third fiscal quarter ended April 30, 2022. Net sales increased by 34.6%, net income attributable to THOR grew by 89.9%, and gross margin improved by 270 basis points compared to the fiscal third quarter of 2021.

THOR Industries announced record financial results for its second fiscal quarter ended January 31, 2022, with net sales of $3.88 billion and earnings per share of $4.79.

THOR Industries reported record first-quarter results, with net sales reaching $3.96 billion, a 56.0% increase year-over-year, and earnings per share of $4.34, up 111.7% from the prior year. The company's performance reflects strong demand for RV products and successful navigation of supply chain challenges.

THOR Industries announced record fourth-quarter results, with net sales up 54.6% to $3.59 billion and earnings per share increasing by 92.5% to $4.12. The company's performance was driven by robust demand for RV products and effective management of supply chain constraints. THOR's consolidated RV backlog reached a new high of $16.86 billion.

Thor Industries reported record results for the third fiscal quarter, with net sales of $3.46 billion, a 105.7% increase compared to the prior year. Earnings per share reached a record of $3.29, up 665.1% year-over-year. The company saw strong demand across all segments and increased production volumes to meet dealer demand, though supply chain constraints continue to pose a challenge.

Thor Industries reported record second-quarter results, driven by strong demand and increased production. Net sales rose by 36.2% to $2.73 billion, with a gross profit margin of 15.2%. Earnings per share increased significantly to $2.38, reflecting a strong financial performance.

Thor Industries announced strong first quarter fiscal 2021 results, with net sales increasing by 17.5% to $2.54 billion and net income attributable to THOR increasing by 122.8% to $113.8 million, or $2.05 per diluted share. The company's backlog continued to increase, setting a record, while dealer inventories continued to decline.

Thor Industries reported increased net sales of $2.32 billion, improved gross profit margin of 14.9%, and higher earnings per share of $2.14 for the fourth quarter of fiscal 2020. The company also reported a record backlog of $5.74 billion at the end of fiscal year 2020.

Thor Industries reported net sales of $1.68 billion for the third quarter of fiscal 2020. Net income attributable to Thor was $24.1 million, with diluted earnings per share of $0.43. The company's financial position remained strong due to management actions and a variable cost structure.

Thor Industries announced strong second-quarter results with record revenues of $2.0 billion, a gross profit margin improvement of 180 basis points, and diluted earnings per share of $0.52. The company's performance was driven by increased sales in the North American Towable RV segment and the addition of net sales from the European RV segment. The company is closely monitoring Coronavirus.