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Thor Industries Reporting 15% Q1 Sales Growth
2014-12-02 18:01:38| Automakers - Topix.net
Elkhart, Ind.-based Thor Industries Inc. reported a 15% increase in sales from continuing operations for its first fiscal quarter compared to the same period year ago and an 8% boost in net income. "Thor posted solid improvements in net sales and income from continuing operations in the first quarter of fiscal year 2015 driven by continuing growth in both our motorized and towable operations," said Bob Martin, Thor president and CEO, in the company's announcement.
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Thor Industries, RVing Along The Road To Success
2014-12-02 11:42:09| Mobile Homes - Topix.net
Thor Industries is a recreational vehicle manufacturer that was founded in 1980 by Wade Thompson and Peter Orthwein. Thor is coming off a year of acquisitions and expansion plans in the hopes of continued prosperity within the growing industry of RVing.
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Thor Industries' Earnings Hit A Speed Bump, But Sales Power Forward
2014-12-02 07:27:41| Mobile Homes - Topix.net
In my Thor Industries article entitled " One Key Reason Cyclical Thor Industries May Be Entering A New Cycle ," I made a case for low gas prices stimulating demand for RV sales from companies such as THO. I had stated, among other things: "These monster gas guzzlers, despite some advances in fuel efficiency, take the term "highway robbery" to a new level at gas stops.
Thor Announces Improved Sales And Net Income From Continuing Operations For First Quarter
2014-12-02 03:18:01| Mobile Homes - Topix.net
Including the discontinued operations of Thor's Bus business, net income for the first quarter was in the first quarter last year. Including the discontinued operations of Thor's Bus business, diluted EPS for the first quarter was Gross profit margins decreased to 12.8% in the first quarter compared to 13.1% in the prior-year period, due in part to the effects of the ongoing tight labor market in northern "Thor posted solid improvements in net sales and income from continuing operations in the first quarter of fiscal year 2015 driven by continuing growth in both our motorized and towable operations," said , Thor President and CEO.
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Analyst: RVIA Show Could Be Catalyst For Thor
2014-12-01 23:13:28| Mobile Homes - Topix.net
According to Rommel Dionisio of Wunderlich Securities, Tuesday's Recreation Vehicle Industry Association National RV Trade show in Louisville could represent an important catalyst for shares of Thor Industries Inc., benzinga.com reported. "This week's annual RVIA show promises to be one of the largest in history, if feedback from other recent trade shows is any indication," Dionisio wrote in a note on today in advance of Thor's first-quarter earnings release.
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