Thor Industries Gains 5% on Q3 Earnings Beat
From Financial Modeling Prep: 2025-06-04 16:02:00
THOR Industries (NYSE:THO) exceeded expectations in Q3, reporting adjusted earnings of $2.53 per share, well above the projected $1.76. Revenue hit $2.89 billion, surpassing the estimated $2.6 billion, with a 3.3% year-over-year increase. The North American towable RV segment saw a notable 9.1% sales growth, driving a 18.1% rise in net income to $135.2 million.
The company’s success was attributed to cost-reduction efforts and operational efficiency gains, leading to improved margins. Thor reaffirmed its full-year 2025 guidance, maintaining revenue projections between $9.0 billion and $9.5 billion, along with an earnings per share range of $3.30 to $4.00. Analysts had expected $3.47 EPS on $9.23 billion in revenue, aligning with the company’s outlook.
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