From GlobeNewswire: 2025-06-04 06:30:00

THOR Industries, Inc. reported strong results in the fiscal 2025 third quarter, with net sales reaching $2.89 billion, a 3.3% increase from the previous year. Gross profit margin rose to 15.3%, with net income attributing to THOR at $135.2 million. Diluted earnings per share also saw an increase to $2.53. Cash flows from operations totaled $257.7 million. Adjusted EBITDA for the quarter was $254.8 million.

The company’s key strategic initiatives have led to improved margins and strong performance in the face of challenging market conditions. THOR reaffirmed its full-year fiscal 2025 financial guidance, including consolidated net sales between $9.0 billion to $9.5 billion, gross profit margin between 13.8% to 14.5%, and diluted earnings per share between $3.30 to $4.00.

In the North American Towable RV segment, net sales increased by 9.1% in the third quarter of fiscal 2025. Gross profit margin improved to 14.9% due to increased net sales and cost-saving initiatives. Income before income taxes increased to $97.6 million.

The North American Motorized RV segment saw a 3.1% increase in net sales, driven by a 10.9% increase in unit shipments. Gross profit margin was 10.5% for the quarter. Income before income taxes slightly decreased to $32.9 million.

In the European RV segment, net sales decreased by 5.1% due to a 12.2% decrease in unit shipments. Gross profit margin was 16.2% of net sales. Income before income taxes was $46.3 million for the quarter.

THOR’s management remains confident in the company’s strategies and ability to navigate challenging market conditions. The company’s liquidity as of April 30, 2025, was approximately $1.49 billion, with a strong balance sheet and improved cash flow from operations.

THOR reaffirmed its fiscal 2025 guidance, with consolidated net sales expected to range between $9.0 billion to $9.5 billion. The company continues to focus on controlling what it can amidst macroeconomic challenges, aiming to emerge stronger and more resilient from the current downturn.



Read more at GlobeNewswire:: THOR Industries Announces Third Quarter Fiscal 2025