THO

It has been about a month since the last earnings report for Thor Industries (THO). Shares have added about 2.2% in that time frame, outperforming the S&P 500. But investors have to be wondering, will the recent positive trend continue leading up to its next earnings release, or is Thor Industries due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. THOR posted earnings of $1.86 per share for the third quarter of fiscal 2026 (ended April 30), missing the Zacks Consensus Estimate of $1.88 by 1.1%. The bottom line declined 32.9% year over year. THO’s quarterly revenues came in at $2.78 billion, beating the Zacks Consensus Estimate of $2.64 billion by 5.2% and decreasing 3.9% from the year-ago quarter. The results reflected a pressured RV retail backdrop, with industry retail tracking near 300,000 units in calendar 2026, weighing most heavily on value-oriented towables. THO’s gross profit fell 19.9% year over year to $354.8 million, and gross margin narrowed 250 basis points to 12.8%. The downturn reflected lower consolidated volumes and cost pressures, particularly in North American Towables, alongside an unfavorable mix. Net income attributable to THOR declined 28.1% to $97.2 million. The reported profitability benefited from favorable market value adjustments on certain investments and gains on the sale of select real estate tied to footprint optimization, while adjusted profitability excluded several nonrecurring items. North American Towable net sales declined 24.6% year over year to $881.8 million as independent dealers stayed cautious in a strained retail environment. Unit shipments fell 25% year over year to 27,045 units, while gross profit declined 48.5% to $89.7 million. Segment gross margin contracted 470 basis points to 10.2%, pressured by lower sales, higher material costs and product mix. Pretax income decreased 46% year over year to $52.7 million.Backlog for the Towable segment stood at $386 million as of April 30, 2026, down 39.1% from the prior-year period. Dealer inventory of THOR Towable products was 67,151 units, down 17.3% year over year, consistent with dealers managing risk into an uncertain selling season. North American Motorized remained a relatively bright spot. Net sales increased...

Winnebago Industries WGO reported adjusted earnings of 66 cents per share in the third quarter of fiscal 2026, missing the Zacks Consensus Estimate of 82 cents. The bottom line declined from adjusted earnings of 81 cents per share in the year-ago quarter. Net revenues of $699 million also missed the consensus mark of $777 million and fell 9.9% year over year. The top line was hurt by lower unit volumes, partly offset by selective price adjustments and product mix. Gross profit declined 10.5% year over year to $94.9 million. Gross margin was 13.6%, almost flat with 13.7% in the prior-year quarter, as higher input costs and volume deleverage were largely offset by selective pricing actions. SG&A expenses decreased 5.4% year over year to $66.5 million, mainly due to cost-reduction initiatives. Operating income fell 23.9% to $23 million. Winnebago Industries, Inc. price-consensus-eps-surprise-chart | Winnebago Industries, Inc. Quote Towable RV: Revenues in the Towable RV segment declined 26.1% year over year to $274.7 million due to lower unit volumes and a shift in mix toward lower-price-point models, partially offset by selective price adjustments. Total deliveries from the segment came in at 6,983 units, which decreased 26.5% year over year. Operating income fell 46.3% to $16 million. Operating margin contracted 220 basis points to 5.8% due to higher input costs, volume deleverage and product mix, partly offset by pricing and cost-control measures. Motorhome RV: Revenues in the Motorhome RV segment increased 10.1% year over year to $320.7 million, driven mainly by higher unit volumes and selective price adjustments. Total deliveries from the Motorhome RV segment came in at 1,533 units, up 7.1% year over year. The segment recorded operating income of $9.6 million against an operating loss of $3.2 million in the prior-year quarter. Operating margin improved 410 basis points to 3%, aided by higher volumes from new products and pricing actions, partly offset by higher input costs. Marine: Revenues from the Marine segment declined 8.3% year over year to $92.4 million due to lower unit volumes and product mix, partly offset by selective pricing. Total deliveries from the segment came in at 1,155 units, down 7.9% year over year. Operating income dropped 43.4% to $5.3 million. Operating margin contracted 350 basis points to 5.8%, reflecting higher input costs and vol...

ELKHART, Ind., June 16, 2026 /PRNewswire/ -- THOR Industries, Inc. (NYSE: THO) today announced that its Board of Directors approved, at its June 16, 2026, meeting, the payment of a regular quarterly cash dividend of $0.52 per share. The regular cash dividend is payable on July 15, 2026, to shareholders of record at the close of business on July 1, 2026. About THOR Industries, Inc. THOR Industries 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 and actual results may 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 level of consumer confidence and the level of discretionary consumer spending; the effect of raw material and commodity price fluctuations, including the impact of tariffs, and/or raw material, commodity or chassis supply constraints; the impact of war, military conflict, terrorism and/or cyber-attacks, including state-sponsored or ransom 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 suppliers, 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 rates and interest rate fluctuations and their potential impact on the general economy and, specifically, on our independent dealers and consumers and our profitability; the ability to ramp production up o...

THOR Industries, Inc. (NYSE:THO) announced strong profits, but the stock was stagnant. Our analysis suggests that shareholders have noticed something concerning in the numbers. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. Importantly, our data indicates that THOR Industries' profit received a boost of US$46m in unusual items, over the last year. While it's always nice to have higher profit, a large contribution from unusual items sometimes dampens our enthusiasm. When we analysed the vast majority of listed companies worldwide, we found that significant unusual items are often not repeated. Which is hardly surprising, given the name. Assuming those unusual items don't show up again in the current year, we'd thus expect profit to be weaker next year (in the absence of business growth, that is). That might leave you wondering what analysts are forecasting in terms of future profitability. Luckily, you can click here to see an interactive graph depicting future profitability, based on their estimates. Arguably, THOR Industries' statutory earnings have been distorted by unusual items boosting profit. Because of this, we think that it may be that THOR Industries' statutory profits are better than its underlying earnings power. The good news is that, its earnings per share increased by 19% in the last year. The goal of this article has been to assess how well we can rely on the statutory earnings to reflect the company's potential, but there is plenty more to consider. While it's really important to consider how well a company's statutory earnings represent its true earnings power, it's also worth taking a look at what analysts are forecasting for the future. At Simply Wall St, we have analyst estimates which you can view by clicking here. Today we've zoomed in on a single data point to better understand the nature of THOR Industries' profit. But there are plenty of other ways to inform your opinion of a company. Some people consider a high return on equity to be a good sign of a quality business. So you may wish to see this free collection of companies boasting high return on equity, or this list of stocks with high insider ownership. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This articl...

THOR Industries, Inc. THO posted earnings of $1.86 per share for the third quarter of fiscal 2026 (ended April 30), missing the Zacks Consensus Estimate of $1.88 by 1.1%. The bottom line declined 32.9% year over year. THO’s quarterly revenues came in at $2.78 billion, beating the Zacks Consensus Estimate of $2.64 billion by 5.2% and decreasing 3.9% from the year-ago quarter. The results reflected a pressured RV retail backdrop, with industry retail tracking near 300,000 units in calendar 2026, weighing most heavily on value-oriented towables. Thor Industries, Inc. price-consensus-eps-surprise-chart | Thor Industries, Inc. Quote THO’s gross profit fell 19.9% year over year to $354.8 million, and gross margin narrowed 250 basis points to 12.8%. The downturn reflected lower consolidated volumes and cost pressures, particularly in North American Towables, alongside an unfavorable mix. Net income attributable to THOR declined 28.1% to $97.2 million. The reported profitability benefited from favorable market value adjustments on certain investments and gains on the sale of select real estate tied to footprint optimization, while adjusted profitability excluded several nonrecurring items. North American Towable net sales declined 24.6% year over year to $881.8 million as independent dealers stayed cautious in a strained retail environment. Unit shipments fell 25% year over year to 27,045 units, while gross profit declined 48.5% to $89.7 million. Segment gross margin contracted 470 basis points to 10.2%, pressured by lower sales, higher material costs and product mix. Pretax income decreased 46% year over year to $52.7 million.Backlog for the Towable segment stood at $386 million as of April 30, 2026, down 39.1% from the prior-year period. Dealer inventory of THOR Towable products was 67,151 units, down 17.3% year over year, consistent with dealers managing risk into an uncertain selling season. North American Motorized remained a relatively bright spot. Net sales increased 7.7% to $717.7 million, driven by higher unit shipments. Unit shipments rose 9.1% year over year to 6,008 units. Gross profit slipped 10.5% to $62.9 million, while gross margin eased to 8.8% from 10.5% in the prior-year period, as higher volumes were more than offset by increases in material, warranty and overhead costs. Pretax income declined 22.9% to $25.3 million. The segment’s backlog was $76...

Fiscal 2026 Third Quarter Net sales of $2.78 billion, Net income attributable to THOR of $97.2 million and EBITDA of $209.1 million in the quarter North American Motorized and European top-line results continue to indicate resilient demand for these products in a difficult macroeconomic environment Opportunistically repurchased $50.5 million of shares during the quarter Net income attributable to THOR was aided by gains from favorable market value adjustments on certain investments as well as gains on the sales of certain real estate associated with strategically optimizing our footprint. Adjusted EBITDA of $183.6 million in the quarter excludes, among other items, nonrecurring costs or benefits associated with strategic reorganization initiatives, the impact of gains on investments and the impact of real estate transactions Full-year fiscal 2026 diluted EPS guidance has been revised in light of prolonged macroeconomic headwinds ELKHART, Ind., June 3, 2026 /PRNewswire/ -- THOR Industries, Inc. (NYSE: THO) today announced financial results for its fiscal 2026 third quarter ended April 30, 2026. "At the end of our fiscal second quarter, we correctly identified the risk of geopolitical events having an adverse impact on the RV selling season. The consequences of this risk coming to fruition during our fiscal third quarter have exceeded the expectations of our industry due to the unforeseen duration of these macroeconomic influences and their impact on consumer sentiment and material costs. In particular, our North American Towable segment has confronted both suppressed volumes due to strained consumer sentiment and rising material costs brought on by tariff and inflationary pressures. Despite these challenges, we are focused on executing our strategy within any economic environment. Our fiscal third quarter results demonstrate the steadfastness of our teams as we navigate this challenging macroeconomic backdrop. Our North American Motorized and European segment results showed resilience and illustrate an enduring interest in the RV lifestyle, with fiscal 2026 third quarter Motorized net sales up 7.7% and European net sales up 3.6% on a constant currency basis compared to the prior-year period. We remain committed to diligently managing our business and better positioning it for the near-term RV landscape as we wait for resolutions to macroeconomic headwinds and...

Thor Industries (THO) came out with quarterly earnings of $1.86 per share, missing the Zacks Consensus Estimate of $1.88 per share. This compares to earnings of $2.77 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -0.85%. A quarter ago, it was expected that this recreational vehicle maker would post earnings of $0.03 per share when it actually produced earnings of $0.04, delivering a surprise of +33.33%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. Thor Industries, which belongs to the Zacks Building Products - Mobile Homes and RV Builders industry, posted revenues of $2.78 billion for the quarter ended April 2026, surpassing the Zacks Consensus Estimate by 5.19%. This compares to year-ago revenues of $2.89 billion. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Thor Industries shares have lost about 24.5% since the beginning of the year versus the S&P 500's gain of 11.2%. While Thor Industries has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Thor Industries was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You...

For the quarter ended April 2026, Thor Industries (THO) reported revenue of $2.78 billion, down 3.9% over the same period last year. EPS came in at $1.86, compared to $2.77 in the year-ago quarter. The reported revenue represents a surprise of +5.19% over the Zacks Consensus Estimate of $2.64 billion. With the consensus EPS estimate being $1.88, the EPS surprise was -0.85%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance. As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately. Here is how Thor Industries performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Unit Shipments - Recreational vehicles - European: 14,065 compared to the 12,219 average estimate based on two analysts. Unit Shipments - Recreational vehicles - North American Towable: 27,045 versus the two-analyst average estimate of 31,127. Unit Shipments - Total: 47,118 compared to the 48,868 average estimate based on two analysts. Unit Shipments - Recreational vehicles - Total North America: 33,053 compared to the 36,649 average estimate based on two analysts. Unit Shipments - Recreational vehicles - North American Motorized: 6,008 versus the two-analyst average estimate of 5,522. Net Sales- Recreational vehicles- European: $987.59 million versus $824.29 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +11.8% change. Net Sales- Recreational vehicles- Total North America: $1.6 billion compared to the $1.64 billion average estimate based on four analysts. The reported number represents a change of -12.9% year over year. Net Sales- Recreational vehicles- North American Motorized: $717.74 million compared to the $612.1 million average estimate based on four analysts. The reported number represents a change of +7.7% year over year. Net Sales- Recreational vehicles- North American Towable: $881.78 million versus $1.02 billion estimated by four analysts on average. Compared to the year-ago quarter, this number repres...

ELKHART, Ind. (AP) — ELKHART, Ind. (AP) — Thor Industries Inc. (THO) on Wednesday reported fiscal third-quarter earnings of $97.2 million. On a per-share basis, the Elkhart, Indiana-based company said it had profit of $1.86. The results missed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.88 per share. The recreational vehicle maker posted revenue of $2.78 billion in the period, topping Street forecasts. Four analysts surveyed by Zacks expected $2.64 billion. Thor Industries expects full-year earnings to be $3.30 to $3.80 per share, with revenue in the range of $9 billion to $9.5 billion. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on THO at https://www.zacks.com/ap/THO

Thor Industries (THO) reported fiscal Q3 earnings Wednesday of $1.86 per diluted share, down from $2

RV manufacturer Thor Industries (NYSE:THO) will be reporting results this Wednesday before market hours. Here’s what to expect. THOR Industries beat analysts’ revenue expectations last quarter, reporting revenues of $2.13 billion, up 5.3% year on year. It was a strong quarter for the company, with a beat of analysts’ EPS estimates and an impressive beat of analysts’ EBITDA estimates. Is THOR Industries a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members. This quarter, the market is expecting THOR Industries’s revenue to decline 8.3% year on year, a reversal from the 3.3% increase it recorded in the same quarter last year. The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business will stay the course heading into earnings. THOR Industries rarely misses Wall Street’s revenue estimates. Looking at THOR Industries’s peers in the automobile manufacturing segment, some have already reported their Q1 results, giving us a hint as to what we can expect. Ford delivered year-on-year revenue growth of 6.4%, beating analysts’ expectations by 3.7%, and Mobileye reported revenues up 27.4%, topping estimates by 7.8%. Ford traded down 1.3% following the results while Mobileye was up 16.8%. Read our full analysis of Ford’s results here and Mobileye’s results here. There has been positive sentiment among investors in the automobile manufacturing segment, with share prices up 4.7% on average over the last month. THOR Industries is up 5.5% during the same time and is heading into earnings with an average analyst price target of $102.08 (compared to the current share price of $77.78). ONE MORE THING: The $21 AI Application Stock Wall Street Forgot. While Wall Street obsesses over who’s building AI, one company is already using it to print money. And nobody’s paying attention. AI chip stocks trade at ridiculous valuations. This company processes a trillion consumer signals monthly using AI and trades at a third of the price. The gap won’t last. The institutions will figure it out. You need to see this first. Read the FREE Report Before They Notice.

What a brutal six months it’s been for THOR Industries. The stock has dropped 27% and now trades at $75.50, rattling many shareholders. This may have investors wondering how to approach the situation. Is there a buying opportunity in THOR Industries, or does it present a risk to your portfolio? Check out our in-depth research report to see what our analysts have to say, it’s free. Even with the cheaper entry price, we're sitting this one out for now. Here are three reasons you should be careful with THO and a stock we'd rather own. A company’s long-term performance is an indicator of its overall quality. Any business can experience short-term success, but top-performing ones enjoy sustained growth for years. Over the last five years, THOR Industries grew its sales at a weak 1.4% compounded annual growth rate. This was below our standards. We track the long-term change in earnings per share (EPS) because it highlights whether a company’s growth is profitable. Sadly for THOR Industries, its EPS declined by 4.3% annually over the last five years while its revenue grew by 1.4%. This tells us the company became less profitable on a per-share basis as it expanded. We like to invest in businesses with high returns, but the trend in a company’s ROIC is what often surprises the market and moves the stock price. Unfortunately, THOR Industries’s ROIC has decreased significantly over the last few years. We like what management has done in the past, but its declining returns are perhaps a symptom of fewer profitable growth opportunities. We cheer for all companies making their customers lives easier, but in the case of THOR Industries, we’ll be cheering from the sidelines. After the recent drawdown, the stock trades at 16.7× forward P/E (or $75.50 per share). While this valuation is fair, the upside isn’t great compared to the potential downside. There are better stocks to buy right now. Let us point you toward our favorite semiconductor picks and shovels play. ALSO WORTH WATCHING: Top 5 Momentum Stocks. The best time to own a great stock is when the market is finally noticing it. These aren't just high-quality businesses. Something is happening with them right now. Elite fundamentals meeting near-term momentum - both boxes checked at the same time. Find out which stocks our AI platform is flagging this week. See this week's Strong Momentum stocks - FREE. Get Our Strong...