Investors like what they see in RV manufacturing; stock prices soar
October 9, 2021
The Motley Fool – a private financial and investing advice company – said last week that it’s a great time to be in the RV industry. We all know what’s happened to RV sales, inventories, and pricing of late. All of those factors have led to, according to Motley Fool, “a brighter picture for the market than most investors had expected,” at least for manufacturing giants Thor Industries and Winnebago.
Thor’s recent update reports sales for the period ending in late July were up 54 percent, and customer “enthusiasm” was at record levels. CEO Bob Martin said in a press release that demand was “continuing to exceed maximum production output.” RV Travel