THOR Industries to Host 2022 Investor Day to Highlight Strategies for Long-Term Growth and 5-Year Performance Projections
THOR Industries hosted its 2022 Investor Day on June 27, 2022, at Airstream headquarters in Jackson Center, Ohio. The event featured presentations from THOR's leadership team, focusing on strategies for long-term growth and the company's five-year performance projections. Key topics included THOR's operational updates and market outlook. The complete presentation is available on THOR’s Investor Relations website. For more details, visit THOR's IR site.
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ELKHART, Ind., June 27, 2022 (GLOBE NEWSWIRE) -- THOR Industries, Inc. (NYSE: THO) will host its 2022 Investor Day at Airstream headquarters in Jackson Center, Ohio today, June 27, 2022. at 9:00 a.m. (ET). The presentations will also be broadcast live via webcast. To view the webcast, please see instructions at https://ir.thorindustries.com.
The event will feature presentations from members of THOR’s senior leadership team and will highlight strategies for long-term growth and value creation and the Company’s 5-year performance projections.
The agenda includes:
- Welcome
- Peter Orthwein, THOR Industries Co-founder and Chairman Emeritus
- Opening Remarks
- Bob Martin, Chief Executive Officer
- THOR’s People Journey
- Ken Julian, Senior Vice President of Administration & Human Resources
- Who We Are and How We’ve Performed
- Todd Woelfer, Chief Operating Officer and Colleen Zuhl, Chief Financial Officer
- THOR’s Strategic Framework to Drive Long-Term Growth
- Todd Woelfer, Chief Operating Officer and Colleen Zuhl, Chief Financial Officer
- North American Operations Update
- Matt Zimmerman, North American RV Group Manager
- Operating in the THOR Family of Companies – An Airstream Perspective
- Bob Wheeler, President and Chief Executive Officer, Airstream
- European Operations Update
- Troy James, Senior Vice President of International Business Operations
- Our Vision: Market Outlook, Downside Scenario and Updated Five-Year Goals to Create Shareholder Value
- Todd Woelfer, Chief Operating Officer and Colleen Zuhl, Chief Financial Officer
- Q&A
The complete 2022 Investor Day presentation has been added to THOR’s Investor Relations website, and can be viewed at: https://ir.thorindustries.com/investor-resources/presentations-and-events/default.aspx
About THOR Industries, Inc.
THOR is the sole owner of operating companies which, combined, represent the world's largest manufacturer of recreational vehicles. For more information on the Company and its products, please go to www.thorindustries.com.
Forward-Looking Statements
This release includes certain statements that are “forward-looking” statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are made based on management’s current expectations and beliefs regarding future and anticipated developments and their effects upon THOR, and inherently involve uncertainties and risks. These forward-looking statements are not a guarantee of future performance. We cannot assure you that actual results will not differ materially from our expectations. Factors which could cause materially different results include, among others: the impact of inflation on the cost of our products as well as on general consumer demand; the effect of raw material and commodity price fluctuations, and/or raw material, commodity or chassis supply constraints; the impact of war, military conflict, terrorism and/or cyber-attacks, including state-sponsored attacks; the impact of sudden or significant adverse changes in the cost and/or availability of energy or fuel, including those caused by geopolitical events, on our costs of operation, on raw material prices, on our independent dealers or on retail customers; the impact of sudden or significant adverse changes in the cost and/or availability of energy or fuel, including those caused by geopolitical events, on our costs of operation, on raw material prices, on our independent dealers or on retail customers; the dependence on a small group of suppliers for certain components used in production, including chassis; interest rate fluctuations and their potential impact on the general economy and, specifically, on our profitability and on our independent dealers and consumers; the extent and impact from the continuation of the COVID-19 pandemic, along with the responses to contain the spread of the virus, or its variants, by various governmental entities or other actors, which may have negative effects on retail customer demand, our independent dealers, our supply chain, our labor force, our production or other aspects of our business; the ability to ramp production up or down quickly in response to rapid changes in demand while also managing costs and market share; the level and magnitude of warranty and recall claims incurred; the ability of our suppliers to financially support any defects in their products; legislative, regulatory and tax law and/or policy developments including their potential impact on our independent dealers, retail customers or on our suppliers; the costs of compliance with governmental regulation; the impact of an adverse outcome or conclusion related to current or future litigation or regulatory investigations; the impact of an adverse outcome or conclusion related to current or future litigation or regulatory investigations; public perception of and the costs related to environmental, social and governance matters; legal and compliance issues including those that may arise in conjunction with recently completed transactions; lower consumer confidence and the level of discretionary consumer spending; the impact of exchange rate fluctuations; restrictive lending practices which could negatively impact our independent dealers and/or retail consumers; management changes; the success of new and existing products and services; the ability to maintain strong brands and develop innovative products that meet consumer demands; the ability to efficiently utilize existing production facilities; changes in consumer preferences; the risks associated with acquisitions, including: the pace and successful closing of an acquisition, the integration and financial impact thereof, the level of achievement of anticipated operating synergies from acquisitions, the potential for unknown or understated liabilities related to acquisitions, the potential loss of existing customers of acquisitions and our ability to retain key management personnel of acquired companies; a shortage of necessary personnel for production and increasing labor costs to attract production personnel in times of high demand; the loss or reduction of sales to key independent dealers; disruption of the delivery of units to independent dealers; increasing costs for freight and transportation; asset impairment charges; competition; the impact of potential losses under repurchase agreements; the potential impact of the strength of the U.S. dollar on international demand for products priced in U.S. dollars; general economic, market and political conditions in the various countries in which our products are produced and/or sold; the impact of changing emissions and other related climate change regulations in the various jurisdictions in which our products are produced, used and/or sold; changes to our investment and capital allocation strategies or other facets of our strategic plan; and changes in market liquidity conditions, credit ratings and other factors that may impact our access to future funding and the cost of debt.
These and other risks and uncertainties are discussed more fully in our Quarterly Report on Form 10-Q for the quarter ended April 30, 2022 and in Item 1A of our Annual Report on Form 10-K for the year ended July 31, 2021.
We disclaim any obligation or undertaking to disseminate any updates or revisions to any forward-looking statements contained in this release or to reflect any change in our expectations after the date hereof or any change in events, conditions or circumstances on which any statement is based, except as required by law.
CONTACTS
Mark Trinske, Vice President of Investor Relations
mtrinske@thorindustries.com
(574) 970-7912
Mike Cieslak, CFA, Investor Relations Manager
mcieslak@thorindustries.com
(574) 294-7724
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