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THOR Industries’ profits fall as high costs weaken RV demand

September 22, 2026

Thor Industries’ fiscal 2026 Q4 and full-year profits fell sharply as high interest rates, fuel costs, and inflation weakened RV demand and compressed margins. Q4 revenue beat estimates at $2.31B but EPS plunged ~67% to $0.78, while full-year net income dropped ~31% to $177.5M on flat $9.61B sales amid weaker North American shipments and higher costs. The company has begun restructuring its North American operations to defend pricing and restore profitability. RV Travel