THO Stock Recent News

Thor Industries ( THO ) is the largest maker of recreational vehicles in the world, with $10 billion in annual sales through various subsidiaries including Airstream, Thor Motor Coach, Tiffin Motorhomes, DRV, Keystone, Heartland, KZ and Jayco. Thor was a giant winner in the pandemic environment when more people, from the retired to the merely remote, hit the road.

ELKHART, Ind., Oct. 08, 2024 (GLOBE NEWSWIRE) -- THOR Industries, Inc. (NYSE: THO) today announced that its Board of Directors approved, at its October 8, 2024 meeting, the payment of a regular quarterly cash dividend of $0.50 per share. The new quarterly dividend amount represents a 4.2% increase from the previous quarterly dividend amount of $0.48.

THOR Industries' long-term outperformance is driven by strategic acquisitions, a decentralized business model, and a highly variable cost structure. Recent underperformance is due to industry volatility, valuation compression, and macroeconomic challenges, but the company remains fundamentally strong. THOR's current valuation is attractive, with potential for long-term growth, especially as acquisitions resume and the European segment recovers.

THO reports better-than-expected results for Q4 fiscal 2024 and expects its fiscal 2025 consolidated net sales in the range of $9-$9.8 billion.

Airstream parent Thor Industries (THO) shares jumped Tuesday when the maker of recreational vehicles (RVs) reported better-than-expected results and gave a positive longer-term outlook as it controlled costs and inventory.

Thor Industries (THO) came out with quarterly earnings of $1.68 per share, beating the Zacks Consensus Estimate of $1.35 per share. This compares to earnings of $1.68 per share a year ago.

Debut of the hybrid medium-duty chassis highlights THOR's leadership in innovation and commitment to electrifying the future of RVs ●       Built on Harbinger's electric medium-duty chassis, the hybrid platform delivers an estimated 500 miles of range ●       Confident and powerful acceleration for merging and mountain driving   ●       Smooth ride, handling, and steering via independent double-wishbone front suspension and steer-by-wire system   ●       Thoughtful and highly integrated power system simplifying energy management and extending time off grid ●       Ability to serve as a home backup power source and charge other battery powered devices, including eBikes and power tools   ELKHART, Ind. and GARDEN GROVE, Calif.

Thor Industries, Inc. THO will release earnings results for its fiscal 2024 fourth quarter, before the opening bell on Tuesday, Sept. 24.

Evaluate the expected performance of Thor Industries (THO) for the quarter ended July 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.

Thor Industries, Inc. THO will release earnings results for its fiscal 2024 fourth quarter, before the opening bell on Tuesday , Sept. 24.