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Thor Industries, a manufacturer of recreational vehicles, reported a drop in quarterly profit. CEO Bob Martin attributed the decline to the anticipated impact of geopolitical events on the RV selling season.
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Thor Industries, a manufacturer of recreational vehicles, reported a drop in quarterly profit. CEO Bob Martin attributed the decline to the anticipate...
Thor Industries, a manufacturer of recreational vehicles, reported a drop in quarterly profit. CEO Bob Martin attributed the decline to the anticipated impact of geopolitical events on the RV selling season.
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Shares of RV manufacturer THOR Industries (THO) dropped 5.5% after the company reported third-quarter earnings per share of $1.86, missing analyst estimates and down from $2.77 a year earlier. Revenue of $2.78 billion fell 3.9% year-over-year, with the North American Towable segment sales declining 24.6% amid a challenging retail environment. The company cut its full-year diluted EPS guidance to $3.30–$3.80 from $3.75–$4.25, citing macroeconomic headwinds.
In late May 2026, Wall Street analysts projected lower earnings per share and reduced revenue for Thor Industries in the upcoming quarter compared to the prior year, citing softer recreational vehicle demand in North America and Europe. The forecast sharpens focus on execution risks around margins, inventory discipline, and capital allocation.
THOR Industries announced financial results for its fiscal 2026 third quarter ended April 30. Net sales reached $2.78 billion, net income attributable to THOR was $97.2 million, and EBITDA was $209.1 million. The company noted resilient demand for motorhomes in North America and Europe despite a difficult macroeconomic environment. North American Motorized segment net sales increased 7.7%, and European segment net sales rose 3.6% on a constant currency basis. Full-year fiscal 2026 diluted EPS guidance was revised from $3.75–$4.25 to $3.30–$3.80 due to prolonged macroeconomic headwinds.
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