THO - Recreational Vehicles Maker Thor Industries' Q4 Earnings Top Estimates; Sales Decline As Demand Cools Down | Benzinga
Thor Industries Inc (NYSE: THO) reported a fourth-quarter FY23 sales decline of 28.4% year-on-year to $2.74 billion, beating the analyst consensus of $2.42 billion.
The decrease in sales is primarily due to lower current dealer and consumer demand in comparison to record demand in the prior-year period, primarily in the North American Towable segment.
Net sales from the North American Towable RVs fell 48.2% Y/Y, North American ...