Thor Industries, Inc. logo THO - Thor Industries, Inc.

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| PRICE TARGET: $88.00 DETAILS
HIGH: $96.00
LOW: $74.00
MEDIAN: $91.00
CONSENSUS: $88.00
UPSIDE: 37.82%

Stock News

THOR Industries Q4: Reaching An Inflection Point, But Not Ready To Upgrade Yet

THOR Industries Q4: Reaching An Inflection Point, But Not Ready To Upgrade Yet

THOR Industries, Inc. reported Q4 revenue of $2.31B, beating estimates, but GAAP EPS missed, and both metrics declined year-over-year amid weak consumer demand. NA RV segments saw significant volume and margin contraction, while the European market delivered modest growth and partially offset North American softness. THO maintains a strong balance sheet with $482M cash, $865M debt, and robust interest coverage, supporting flexibility during the ongoing industry downcycle.

Sep 22, 2026 05:31 AM • seekingalpha.com
THOR INDUSTRIES ANNOUNCES FISCAL 2026 FOURTH QUARTER AND FULL YEAR RESULTS

THOR INDUSTRIES ANNOUNCES FISCAL 2026 FOURTH QUARTER AND FULL YEAR RESULTS

Financial Highlights ($ in thousands, except for per share data) Three Months Ended July 31, Change Fiscal Years Ended July 31, Change 2026 2025 2026 2025 Net Sales $ 2,311,628 $ 2,523,783 (8.4) % $  9,608,145 $  9,579,490 0.3 % Gross Profit $    285,632 $    370,883 (23.0) % $  1,212,630 $  1,340,641 (9.5) % Gross Profit Margin % 12.4 % 14.7 % (230) bps 12.6 % 14.0 % (140) bps Net Income Attributable to THOR $      40,838 $    125,757 (67.5) % $     177,539 $     258,559 (31.3) % Diluted Earnings Per Share $           0.78 $           2.36 (66.9) % $            3.38 $            4.84 (30.2) % EBITDA (1) $    130,004 $    224,804 (42.2) % $    541,912 $    615,839 (12.0) % Adjusted EBITDA (1) $    131,737 $    209,506 (37.1) % $    544,357 $    659,126 (17.4) % (1) See reconciliation of non-GAAP measures to the most directly comparable GAAP financial measures included at the end of this release Fiscal 2026 Fourth Quarter Net sales of $2.31 billion, Net income attributable to THOR of $40.8 million and EBITDA of $130.0 million in the quarter European segment continues to provide valuable geographic diversification with resilient results relative to a pressured North American market Used our strong liquidity position advantageously, repurchasing an additional $34.3 million of shares during the quarter Independent dealer inventory turns improved compared to the prior quarter, with dealer inventory at healthy levels entering our fiscal 2027 Adjusted EBITDA of $131.7 million in the quarter excludes, among other items, nonrecurring costs associated with strategic reorganization initiatives and the impact of gains on investments Fiscal Year 2026 Net sales of $9.61 billion, Net income attributable to THOR of $177.5 million and EBITDA of $541.9 million for the fiscal year Net sales for the European segment increased 3.1% on a constant currency basis compared to the prior year, and the segment is well positioned for the coming fiscal year following restructuring initiatives to optimize its production capacities and further improve its gross margin profile Prudently deployed capital during a muted retail market, reducing debt by $59.7 million and repurchasing shares of $115.1 million during the fiscal year Further year-over-year content-per-unit ("CPU") growth within our owned supplier group as our strategic growth strategy for these businesses advances ELKHART, Ind., Sept. 22, 2026 /PRNewswire/ -- THOR Industries, Inc. (NYSE: THO) today announced financial results for its fiscal 2026 fourth quarter and full year ended July 31, 2026.

Sep 22, 2026 02:30 AM • prnewswire.com
THOR INDUSTRIES ANNOUNCES ADDITIONAL LEADERSHIP CHANGES PERTAINING TO THE STRATEGIC EVOLUTION OF ITS NORTH AMERICAN RV OPERATING MODEL

THOR INDUSTRIES ANNOUNCES ADDITIONAL LEADERSHIP CHANGES PERTAINING TO THE STRATEGIC EVOLUTION OF ITS NORTH AMERICAN RV OPERATING MODEL

ELKHART, Ind., Sept. 10, 2026 /PRNewswire/ -- THOR Industries, Inc. (NYSE: THO), the world's largest manufacturer of recreational vehicles, today announced further leadership changes as a part of the previously announced evolution of its North American RV operating model to amplify the identified benefits of this evolution across our North American RV companies.

Sep 10, 2026 01:00 PM • prnewswire.com

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