THOR Industries shares fall 5.5% after earnings miss
Shares of RV manufacturer THOR Industries (THO) dropped 5.5% after the company reported third-quarter earnings per share of $1.86, missing analyst est...
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.
