Welcome to our dedicated page for Thor Industries news (Ticker: THO), a resource for investors and traders seeking the latest updates and insights on Thor Industries stock.
Thor Industries (THO) is the world's largest manufacturer of recreational vehicles, producing motorhomes, travel trailers, and towable RVs through subsidiaries across North America and Europe. This news hub provides investors and industry observers with essential updates on corporate developments, financial performance, and market leadership in mobile living solutions.
Access timely updates spanning earnings reports, product innovations like hybrid RV platforms, and strategic initiatives including acquisitions and partnerships. Our curated collection features official press releases alongside verified third-party analysis of THO's position in the evolving recreational vehicle sector.
Key content categories include quarterly financial results, leadership changes, technological advancements in electric mobility systems, and regulatory developments affecting RV manufacturing. Bookmark this page for structured access to critical information supporting informed analysis of THO's operational and financial trajectory.
THOR Industries (NYSE: THO) has announced its Board of Directors has approved a regular quarterly cash dividend of $0.50 per share. The dividend will be paid on April 22, 2025, to shareholders who are on record at the close of business on April 8, 2025.
THOR Industries (NYSE: THO) announced a strategic restructuring where Heartland Recreational Vehicles will be integrated under Jayco, Inc. to enhance operational efficiencies. The reorganization aims to optimize enterprise structure and strengthen the brand portfolio in response to industry trends and dealer consolidation in the U.S. RV market.
Under the leadership of Ken Walters, Jayco will oversee key Heartland brands, leveraging its proven track record of optimized operations and customer service. Additionally, certain private label brands from Heartland will be transferred to Dutchmen Manufacturing, a division of THOR's subsidiary Keystone RV Company.
The restructuring is expected to deliver strategic benefits including:
- Improved brand synergies
- Reduced operating costs
- Enhanced customer service capabilities
- More efficient distribution strategy
- Improved margins for THOR companies
THOR Industries (NYSE: THO) reported its fiscal 2025 second quarter results with consolidated net sales of $2.02 billion, down 8.6% from $2.21 billion in Q2 2024. The company posted a net loss of $0.6 million and diluted loss per share of $(0.01), compared to net income of $7.2 million and EPS of $0.13 in the prior year period.
Key segment performance:
- North American Towable RV sales increased 13.3% with 27.6% higher unit shipments
- North American Motorized RV sales decreased 21.8% with 20.5% lower unit shipments
- European RV sales declined 21.7% with 27.8% fewer unit shipments
THOR revised its fiscal 2025 guidance:
- Consolidated net sales: $9.0-9.5 billion
- Gross profit margin: 13.8-14.5%
- Diluted EPS: $3.30-4.00
THOR Industries (NYSE: THO) has announced its participation in two major upcoming investor conferences in March 2025. The company's management will conduct fireside chats and one-on-one meetings with analysts and institutional investors at:
- Citi's Global Consumer & Retail Conference on March 10, 2025 in Aventura, Florida, featuring Todd Woelfer, Senior Vice President and COO
- The 37th Annual Roth Conference on March 17, 2025 in Dana Point, California, featuring both Bob Martin, President and CEO, and Todd Woelfer, Senior Vice President and COO
Interested parties should contact their Citi or Roth representatives for attendance information and additional details.
THOR Industries (NYSE: THO) has announced it will release its fiscal 2025 second quarter earnings on Wednesday, March 5, 2025, before market opening. The company will simultaneously publish an earnings release, a comprehensive Q&A document, and a slide presentation on their investor relations website. These materials will be accessible at http://ir.thorindustries.com/.
THOR Industries (NYSE: THO) has announced that its Board of Directors has approved a regular quarterly cash dividend of $0.50 per share. The dividend will be paid on January 17, 2025, to shareholders who are on record at the close of business on January 6, 2025. This decision was made during the Board's meeting on December 19, 2024.
THOR Industries (NYSE: THO) reported first quarter fiscal 2025 results with net sales of $2.14 billion, down 14.3% from $2.50 billion in the prior year. The company posted a net loss of $1.8 million, or $(0.03) per diluted share, compared to net income of $53.6 million, or $0.99 per share in Q1 2024.
Performance was impacted by challenging market conditions across segments: North American Towable RV sales declined 4.9%, Motorized RV sales fell 29%, and European RV sales decreased 14.6%. Despite market headwinds, the company maintained its fiscal 2025 guidance of $9.0-9.8 billion in consolidated net sales and $4.00-5.00 in diluted EPS.
Strategic restructuring actions resulted in $15.5 million in one-time costs but are expected to generate annual savings over $10 million.
THOR Industries (NYSE: THO) has announced it will release its fiscal 2025 first quarter earnings on Wednesday, December 4, 2024, before market opening. The company will simultaneously publish an earnings release, a Q&A document, and a slide presentation on their investor relations website.
THOR Industries has released its seventh annual sustainability report for FY2024, highlighting significant environmental achievements and innovations. The company, as the world's largest RV manufacturer, has reduced global Scope 1 and 2 emissions by 27.4% compared to FY2019 and received validation from the Science Based Targets initiative for its net-zero goals.
Key achievements include developing the world's first hybrid Class A motorhome with an estimated 500-mile range and the first fully electric fifth wheel trailer prototype. The company installed solar projects that eliminated 3,595 MTCO2e emissions and partnered with over 150 non-profit organizations. THOR has been recognized in multiple prestigious lists, including Newsweek's 'World's Most Trustworthy Companies' and 'America's Most Responsible Companies.'
THOR Industries, Inc. (NYSE: THO) has announced an increase in its regular quarterly cash dividend. The Board of Directors approved a new quarterly dividend of $0.50 per share, representing a 4.2% increase from the previous amount of $0.48 per share. This decision was made during the Board's meeting on October 8, 2024. The dividend will be payable on November 15, 2024, to shareholders of record at the close of business on November 1, 2024. This increase in dividend reflects THOR Industries' commitment to delivering value to its shareholders.
