Thor Sharpens Its Profits While the North American Market Remains Soft [The Motley Fool]
Thor Industries, Inc. (THO)
Last thor industries, inc. earnings: 3/9 06:30 am
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Source: The Motley Fool
Thor Sharpens Its Profits While the North American Market Remains Soft The RV giant is building a healthier margin profile as it waits for domestic demand to rebound. Thor Industries ( NYSE:THO ) released fiscal first-quarter 2020 earnings on Monday before the markets opened for trading, and it received an expected boost from European sales due to its February 2019 acquisition of Erwin Hymer Group (EHG). The recreational vehicle (RV) manufacturer's North American sales continued to decline, however, although management did indicate that ongoing dealer inventory rationalization was nearly complete. Let's dive into the quarter's pertinent details below, bearing in mind that all comparative numbers refer to the prior-year quarter. Data source: Thor Industries. In Thor's earnings press release, CEO Bob Martin commented on both the company's higher gross profitability and the performance of the European segment: Thor doesn't provide investors with quarterly or yearly earnings guidance. H
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THO
Earnings
- 3/6/24 - Miss
THO
Sec Filings
- 4/9/24 - Form SC
- 3/26/24 - Form 4
- 3/26/24 - Form 8-K
- THO's page on the SEC website