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 unveiled the world's first hybrid Class A motorhome, the THOR Test Vehicle, built on an electric vehicle platform developed by Harbinger. This groundbreaking collaboration integrates a low-emissions gasoline range extender, delivering an estimated 500 miles of range. The hybrid platform, set for commercial availability in 2025, is expected to qualify as a Near-Zero Emission Vehicle (NZEV).
Key features include:
- 140-kWh battery pack with solar rooftop
- 800-volt electrical architecture for rapid charging
- Ability to serve as a home backup power source
- Double-wishbone front suspension and steer-by-wire system
- Advanced Driver Assistance System (ADAS)
THOR Industries (NYSE: THO) has announced that it will release its fiscal 2024 fourth quarter earnings on Tuesday, September 24, 2024, before the market opens. The company will simultaneously publish a comprehensive earnings release, a Q&A document, and a slide presentation on its investor relations website. This announcement sets the stage for investors and analysts to gain insights into THOR's financial performance for the quarter ending in August 2024. As a leading manufacturer of recreational vehicles, THOR's earnings report is likely to provide valuable information about the state of the RV industry and consumer spending trends in the outdoor and travel sectors.
THOR Industries (NYSE: THO) has announced a regular quarterly cash dividend of $0.48 per share. This decision was approved by the Board of Directors during their meeting on June 19, 2024. The dividend is scheduled to be paid on July 18, 2024, to shareholders who are recorded as of the close of business on July 3, 2024.
THOR Industries (NYSE: THO) reported its fiscal Q3 2024 results, reflecting a challenging market. Consolidated net sales were $2.80 billion, down from $2.93 billion in Q3 2023. The company achieved a gross profit margin of 15.1%, slightly higher than the previous year's 14.8%. Net income was $114.5 million, down from $120.7 million, and diluted EPS was $2.13, compared to $2.24. THOR revised its FY 2024 guidance, expecting net sales between $9.8 billion and $10.1 billion, a gross margin of 13.75% to 14%, and diluted EPS ranging from $4.50 to $4.75. The company emphasized its cautious approach due to soft retail conditions and elevated interest rates, affecting dealer inventory orders. European operations showed strong performance with a 7.4% increase in net sales. THOR generated over $250 million in cash from operations, reducing debt by $161.4 million and repurchasing 126,754 shares.
THOR Industries (NYSE: THO) has announced the release date for its fiscal 2024 third quarter earnings on Wednesday, June 5, 2024, before the market opens. Alongside the earnings report, THOR will publish a comprehensive question and answer document and a slide presentation on its website. Investors and interested parties can access these documents at http://ir.thorindustries.com/.
FAQ
What is the current stock price of Thor Industries (THO)?
What is the market cap of Thor Industries (THO)?
