WGO - 1 Big Question Heading into Thor Industries' Earnings Report
Thor Industries ' (NYSE: THO) stock price had been up as high as 60% in 2021 before returns evaporated in recent months. Now, the recreational vehicle specialist's shares are trailing the market as it heads into its fiscal 2022 first-quarter earnings report on Wednesday, Dec. 8.
The RV giant will update investors on sales and profit trends, but the biggest question ahead of the announcement is how well Thor and peers like Winnebago (NYSE: WGO) are handling the historic supply and inventory challenges today.
Success on this score could set Thor up for a fantastic 2022 ahead as it fulfills existing orders from dealers at rising prices. Stumbles, on the other hand, would pressure growth or leave the company exposed to major write-downs in a slowing market.
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1 Big Question Heading into Thor Industries' Earnings Report