Thor Industries Swings to Fiscal Q2 Loss, Revenue Decreases; Adjusts 2025 Guidance

MT Newswires Live
03-05

Thor Industries (THO) reported fiscal Q2 loss Wednesday of $0.01 per diluted share, swinging from earnings of $0.13 a year earlier.

Analysts polled by FactSet expected earnings of $0.07.

Revenue for the fiscal quarter ended Jan. 31 was $2.02 billion, down from $2.21 billion a year earlier.

Analysts surveyed by FactSet expected $1.98 billion.

For fiscal 2025, the recreational vehicle company narrowed its guidance to diluted EPS of $3.30 to $4.000 on net sales of $9.0 billion to $9.5 billion, compared with its previous guidance of $4.00 to $5.00 of diluted EPS on net sales of $9.0 billion to $9.8 billion

Analysts polled by FactSet expect EPS of $4.34 on $9.44 billion in revenue.

Shares of the company were down more than 6% in recent premarket activity.

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