THOR Industries, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended April 30, 2024
June 05, 2024 at 04:04 pm IST
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THOR Industries, Inc. reported earnings results for the third quarter and nine months ended April 30, 2024. For the third quarter, the company reported sales was USD 2,801.11 million compared to USD 2,928.82 million a year ago. Net income was USD 114.51 million compared to USD 120.72 million a year ago. Basic earnings per share from continuing operations was USD 2.15 compared to USD 2.26 a year ago. Diluted earnings per share from continuing operations was USD 2.13 compared to USD 2.24 a year ago.
For the nine months, sales was USD 7,509.24 million compared to USD 8,383.54 million a year ago. Net income was USD 175.29 million compared to USD 283.98 million a year ago. Basic earnings per share from continuing operations was USD 3.29 compared to USD 5.3 a year ago. Diluted earnings per share from continuing operations was USD 3.26 compared to USD 5.27 a year ago.
THOR Industries, Inc. is a manufacturer of recreational vehicles (RVs). The Company operates through three segments: North American Towable Recreational Vehicles, North American Motorized Recreational Vehicles and European Recreational Vehicles. The North American Towable Recreational Vehicles segment consists of Airstream (towable), Heartland (including Cruiser RV and DRV), Jayco (including Jayco towable, Starcraft and Highland Ridge), Keystone (including CrossRoads and Dutchmen), and KZ (including Venture RV). The North American Motorized Recreational Vehicles segment consists of Airstream (motorized), Jayco (including Jayco motorized and Entegra Coach), Thor Motor Coach and the Tiffin Group. The European Recreational Vehicles segment consists of the EHG business. EHG manufactures a full line of motorized and towable recreational vehicles, including motorcaravans, campervans, urban vehicles and caravans in eight RV production facilities within Europe.
THOR INDUSTRIES, INC. 
