THO Stock Recent News
THO LATEST HEADLINES
ELKHART, Ind., March 25, 2025 (GLOBE NEWSWIRE) -- THOR Industries, Inc. (NYSE: THO) today announced that its Board of Directors approved, at its March 25, 2025, meeting, the payment of a regular quarterly cash dividend of $0.50 per share.
ELKHART, Ind., March 19, 2025 (GLOBE NEWSWIRE) -- THOR Industries, Inc. (NYSE: THO), the global leader in the recreational vehicle (RV) industry, today announced a strategic organizational restructuring aimed at optimizing its enterprise structure and strengthening its brand portfolio. As part of this realignment, Heartland Recreational Vehicles will now be integrated under Jayco, Inc., enhancing operational efficiencies and streamlining business processes.
The stock of the world's largest recreational vehicle (RV) maker, Thor Industries (THO -0.84%), was looking a bit diminished over the past five trading days. After it posted financial results that disappointed the market, investors traded out of the veteran company.
THO reports mixed results for the fiscal second quarter and expects fiscal 2025 consolidated net sales in the range of $9-$9.5 billion.
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Shares of Thor Industries (THO) tumbled 15% after the recreational vehicle (RV) manufacturer reported a surprising loss and lowered its outlook on a continuing slowdown in consumer demand.
While the top- and bottom-line numbers for Thor Industries (THO) give a sense of how the business performed in the quarter ended January 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Thor Industries (THO) came out with a quarterly loss of $0.01 per share versus the Zacks Consensus Estimate of $0.07. This compares to earnings of $0.40 per share a year ago.
POISED FOR A MARKET RETURN Fiscal 2025 Second Quarter Highlights ($ in thousands, except for per share data) Three Months Ended January 31, Change Six Months Ended January 31, Change 2025 2024 2025 2024 Net Sales $ 2,018,107 $ 2,207,369 (8.6 )% $ 4,160,891 $ 4,708,128 (11.6 )% Gross Profit $ 245,197 $ 270,847 (9.5 )% $ 526,639 $ 628,779 (16.2 )% Gross Profit Margin % 12.1 % 12.3 % (20) bps 12.7 13.4 (70) bps Net Income (Loss) Attributable to THOR $ (551 ) $ 7,217 (107.6 )% $ (2,383 ) $ 60,782 (103.9 )% Diluted Earnings (Loss) Per Share $ (0.01 ) $ 0.13 (107.7 )% $ (0.04 ) $ 1.13 (103.5 )% Cash Flows from Operations $ 30,842 $ (103,868 ) 129.7 % $ 61,582 $ (44,200 ) 239.3 %
Thor Industries (NYSE: THO) stock closed Monday trading below $100, but one analyst thinks it could be worth a lot more than that.