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Thor Industries 4Q Sales, Earnings Grow on Strong RV Demand

September 28, 2021

Thor Industries Inc. on Tuesday beat analysts’ expectations for its fiscal fourth-quarter profit, posting year-over-year sales gains as demand for recreational vehicles remand strong. The Elkhart, Ind.-based RV maker logged earnings of $4.12 a share, a rise from $2.14 a share a year earlier. Analysts polled by FactSet were forecasting earnings of $2.90 a share. Total net income climbed to $230.3 million from $119.2 million in last year’s fiscal fourth quarter. Revenue increased to $3.59 billion from $2.32 billion, the company said. Analysts had forecast revenue of $3.31 billion. Market Watch