THO - More info on Thor Industries record Q4 results

• Thor Industries ( NYSE: THO ) trade marginally higher, up about 3.8% after company posted Q4 earnings beat .
• Revenue of $3.82B was up 6.4% beats consensus by $120M , surge in sale was largely impacted by the increase in the average sales price of our units, partially offset by a decrease in units sold.
• Gross profit margin was 17.5%, a 90 bps improvement over the comparable prior-year period.
• Company repurchased $165.1M during fiscal 2022.
• Net income were $280.9M vs. $230.3M.
• GAAP EPS of $5.15 beats consensus by $1.30 .
• “Our fourth quarter results capped off a record-breaking fiscal year for THOR Industries. Our financial results were supported by outstanding performance across our portfolio of leading brands. For fiscal 2022, net sales eclipsed the $16 billion mark and net income attributable to THOR exceeded $1 billion for the first time in the Company’s history,” said Bob Martin, President and CEO.
• Going forward, THOR plans to begin providing annual guidance.
• Contributor commentary: ' Thor Industries: Growth Catalyst With 2% Yield And Share Repurchases '
• Company has a SA rating of Buy and a Wall Street rating of Hold and Quant rating of Hold

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