Thor Industries (NYSE:THO) Releases Earnings Results, Misses Estimates By $0.08 EPS

Thor Industries (NYSE:THO) released its quarterly earnings results on Tuesday. The RV manufacturer reported $0.78 earnings per share for the quarter, missing analysts’ consensus estimates of $0.86 by ($0.08), FiscalAI reports. The business had revenue of $2.31 billion for the quarter, compared to analyst estimates of $2.18 billion. Thor Industries had a net margin of 2.67% and a return on equity of 5.74%.

Thor Industries Stock Performance

THO opened at $69.91 on Tuesday. The firm has a fifty day moving average price of $76.20 and a 200 day moving average price of $77.29. Thor Industries has a 1 year low of $67.31 and a 1 year high of $122.83. The stock has a market cap of $3.64 billion, a P/E ratio of 30.26, a P/E/G ratio of 1.49 and a beta of 1.34. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.71 and a quick ratio of 0.80.

Analyst Ratings Changes

A number of research firms recently commented on THO. Zacks Research upgraded Thor Industries from a “strong sell” rating to a “hold” rating in a report on Monday, August 24th. Bank of America dropped their target price on shares of Thor Industries from $96.00 to $86.00 and set a “buy” rating on the stock in a report on Monday. Truist Financial lowered their target price on Thor Industries from $109.00 to $80.00 and set a “hold” rating on the stock in a research note on Wednesday, July 8th. Argus raised shares of Thor Industries to a “hold” rating in a report on Friday, June 12th. Finally, Loop Capital boosted their price objective on shares of Thor Industries from $90.00 to $96.00 and gave the stock a “buy” rating in a report on Thursday, June 4th. Three equities research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $89.22.

Key Stories Impacting Thor Industries

Here are the key news stories impacting Thor Industries this week:

• Positive Sentiment: Fiscal fourth-quarter revenue of $2.31 billion exceeded analysts’ $2.18 billion estimate. Thor also repurchased $34.3 million of shares during the quarter and $115.1 million during fiscal 2026, while reducing debt by $59.7 million. THOR Industries Fiscal 2026 Results
• Positive Sentiment: Independent dealer inventory turns improved from the prior quarter, with inventory described as healthy entering fiscal 2027. Thor’s European segment also remained relatively resilient, with full-year sales rising 3.1% on a constant-currency basis. THOR Industries Fiscal 2026 Results
• Positive Sentiment: Keystone RV reported its strongest retail sales performance since before the pandemic at the Hershey RV Show, suggesting that product demand and dealer execution may be improving in parts of the market. Keystone RV Hershey Show Sales
• Neutral Sentiment: Bank of America maintained a “buy” rating but lowered its price target from $96 to $86, indicating analysts still see upside while becoming more cautious about Thor’s near-term earnings and margins. BofA Price Target Update
• Negative Sentiment: Adjusted fourth-quarter EPS was $0.78, below the $0.86 consensus estimate and down from $2.36 a year earlier. Net income fell 67.5%, gross margin contracted to 12.4% from 14.7%, and adjusted EBITDA declined 37.1%, highlighting significant profitability and margin pressure. THOR Industries Fiscal 2026 Results

About Thor Industries

Thor Industries, Inc is a manufacturer of recreational vehicles (RVs) and related products. The company produces towable RVs, including travel trailers and fifth-wheel trailers, as well as motorized RVs such as Class A, Class B and Class C motorhomes. Its portfolio includes well-known brands such as Airstream, Jayco, Entegra Coach, Keystone, Dutchmen, Tiffin and CrossRoads.

Thor also owns Erwin Hymer Group, a major European recreational-vehicle manufacturer whose brands include HYMER, Dethleffs, Bürstner, LMC, Carado and Sunlight.